Experts predict Solana’s growth to $ 200 in June

The derivatives market has seen a significant increase in interest in further increases in the price of the Solana token SOL $176.43 Binance-Peg SOL 0.43% Market capitalization $0.19 billion VOL. 24 hours $0.72 billion . According to Amberdata, 50,000 such contracts were purchased last week alone for a total premium of $ 263,000. These actions are accompanied by a decrease in annualized expected volatility to 84%, which is a relatively low value for this asset, which is usually characterized by greater volatility.

Currently, market makers have a significant net negative gamma, which means that if the SOL price reaches $ 200, volatility could rise sharply. This scenario creates conditions for increased market movements, especially in the face of strong demand for options.

Since the beginning of April, Solana’s quotes have increased by 85%, which is ahead of the growth rate of bitcoin BTC $103,832.10 Bitcoin 0.88% Market capitalization $2.06 trillion VOL. 24 hours $2.32 billion . This positive trend supports investors' expectations of reaching new local highs in June.

At the same time, some analysts remain cautious in their estimates. Sygnum, for example, notes that there is no convincing evidence of Solana’s superiority over Ethereum ETH $2,592.65 Bridged Ether (StarkGate) 3.81% Market capitalization $0.23 billion VOL. 24 hours $2.09 billion as the main blockchain for institutional users. This indicates that despite the active speculative game, the long-term prospects of Solana remain a matter of debate.