Although things have taken a turn for the better on Monday, it has been a volatile year in cryptocurrency trading. The market is turning and there are many tokens which have bright prospects. The most promising is SolanaSOL traders bet to hit the $200 threshold by June.
Solana investors have bought a call option of $200 for SOL expiring on the 27th June. That reinforces our belief that this asset will keep increasing and riding the wave of success that made it the most successful crypto of 2018.
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Solana block traders expect $200 mark to come to fruition in June?
The United States and China ended tensions on Monday with an important tariff deal. The two sides had agreed to suspend the rise in import duties for 90 days. This sparked hopes of a possible trade agreement. It was a major announcement for the US market. The stock price rose dramatically. S&P 500 The two-month peak has been reached.
Also, it provides greater clarity to financial markets. The cryptocurrency market should gain from this, as many assets will be looking to maintain their momentum. Solana has been a token which many believe will surge. Block traders have bought call options to see SOL reach $200 before June.
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Solana traded at $171 by the midday mark, a drop of less than 0.2%. CoinMarketCap. SOL has risen by more than 32 percent in the past month, reversing a 17-percent increase over the previous seven days. According to block traders who place large orders outside public order books and over the counter, these increases will continue.
Solana has risen 85% since April 17th and is now above $103,000, outpacing Bitcoin. According to A, these traders are now grabbing a Deribit June 27th listing. CoinDesk report. This move shows that Solana is now more trusted. If they are right, this token should be among the top performers of the year.
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Source: watcher.guru
