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The Nexus
BUSINESSMay 20 · 00:15 UTCCOINTELEGRAPHCointelegraph by Marcel Pechman

Solana futures funding rate turns negative: Is $78 SOL next?

Solana futures funding rate has turned negative due to decreased demand for SOL and its associated decentralized exchanges, potentially leading to a price drop to $78. This decline may prompt traders to buy the dip. Solana's price is uncertain amid negative funding rates.

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