Solana SOLUSD Soars 10% Amid Institutional Flows and Growing On-Chain Use
Solana's SOLUSD spot CFD trading activity has seen a surge in recent weeks, with prices rising by around 10% amidst increased institutional flows and stronger futures activity.
This uptrend is also attributed to growing on-chain use of Solana, which has led to the price breaking above a bullish flag towards $120 before pulling back.
The developments are seen as significant for potential future growth in SOLUSD spot CFD trading activity, with several key partnerships and initiatives underway.