Solana’s volatility attracted active traders. Intraday swings averaged nearly $9, providing opportunity, but also raising liquidation risk. Spot-futures correlation dropped, pointing to partial decoupling and increased hedge activity.

Solana faces consolidation after failing to hold $180 breakout
Traders repositioned in June as Solana’s volatility widened and spot-futures basis flipped positive for the first time in weeks.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.