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Solana's SOL token jumps 10% in five days amid rising futures interest and memecoin surge.

Protocol Fundamentals
19 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Solana's SOL token rose 10% over five days, hitting a three-week high near $85, driven by increased futures open interest and a surge in Solana-based memecoins. Despite underperforming the broader crypto market by 13% year-to-date, Solana's network gained 1.5 million daily active users monthly in Q1 and maintains strong transaction volume and decentralized exchange leadership. The price momentum follows geopolitical developments boosting risk appetite and is supported by steady growth in network activity and partnerships like Visa's stablecoin collaboration. Market watchers are eyeing the $100 price level as a key next target.

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