SOL reaches $205.64 thanks to strong demand, while IntelMarkets is gaining attention with its AI-driven platform and massive sales increase.

SOL price reached an intraday high of $205.64 and low of $187.82, indicating a strong recovery driven by high demand and favorable market sentiment regarding the proposed Solana exchange-traded fund.

Although Solana looks very bullish during the current session,... IntelMarkets (INTL) Takes the lead by massively ramping up pre-sales. The AI-driven platform is generating buzz in the bull market thanks to its low and high returns on investment. Hence, INTL is called Solana's replacement.

Solana rises again with SOL price above $200!

As of January 2, 2025, Solana is trading at $207, which represents a 9% increase in the last 24 hours. This rise in SOL price comes after a short consolidation phase, reflecting renewed investor confidence and optimism.

Open interest in Solana futures rose to $3.42 billion, driven by increased investor participation. Perpetual contracts dominate the scene with $3.4 billion in open interest, while futures stand at $15.8 million.

Over the past 24 hours, perpetual contracts grew by 10.67%, and futures saw a significant increase of 85.59%, contributing to an overall increase of 10.87% in total open interest. Among cryptocurrency exchanges, Binance leads with $1.7 billion in open interest, followed by Bybit with $1.1 billion and OKX with $520.5 million.

On Binance, SOL price rose by 6.32% over the past 24 hours and recorded a gain of 6.96% over the past seven days. Coinbase and Kraken reported similar 24-hour increases of 6.34% and 6.28% respectively for the SOL price.

Binance also leads in trading volume, with 56.1k SOL/ETH pairs traded in the last day, while Coinbase and Kraken follow with 5.2k and 4.6k respectively. The sharp increase in SOL price and open interest highlights the growing optimism among investors.

85.59% rise in open interest for Solana Futures indicate that a growing number of traders are betting on SOL price movements. Open interest is often associated with strong market activity and confidence, indicating that the market is anticipating further upside for the SOL price. The dominance of perpetual contracts reflects that traders actively profit from SOL price fluctuations through short-term strategies.

This trend confirms the interplay between increased speculative activity and fundamental interest, both of which drive the strong performance of the SOL price. Awat, a trader and angel investor at APG Capital, tweeted a compelling visual representation of Solana's current market movements.

IntelMarkets: AI gamechanger raises $5.6 million in presale

IntelMarkets It is an AI-powered DeFi platform that is set to reshape the $36 billion cryptocurrency trading market. INTL combines artificial intelligence, blockchain technology, and DeFi to offer traders a completely new way to maximize their profits. Having raised more than $5.6 million from early backers, the IntelMarkets presale created a buzz as experts recognized its game-changing platform.

Self-learning AI trading bots capable of processing massive amounts of data to build advanced trading strategies and achieve unparalleled efficiency help IntelMarkets stand out in the world of cryptocurrencies.

IntelMarkets is a decentralized trading platform that runs on both Solana and... Ethereum Blockchains gain scalability, speed, and security. It is offering its INTL tokens at a low entry price of $0.073 per token in the 8th pre-sale, which analysts expect 10-15 times post-launch.

By attracting a team of former OpenAI and MIT professionals, IntelMarkets increases its credibility and delivers unique innovations. Now, the world is realizing that IntelMarkets is not just another Initial Coin Offering (ICO), but a game-changer in the cryptocurrency space. With real support from individual and institutional investors, the INTL platform is a powerful project that brings the best of AI to life.

For more information, visit IntelMarkets pre-sale site And join the community on cable and X.