In August 2025, Solana saw over 1.34 million new tokens launched, though 98% fail within three months, reflecting a high failure rate. Despite this, investor optimism in derivatives suggests potential for long-term growth.
Open interest in Solana futures reached 12.78 billion USD, indicating active positioning for significant price movements. Positive funding rates for over a week signal that traders favor long positions, believing in future utility from new projects.
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