Key Notes
Solana price rebounds 5%, reclaiming its $100B market cap amid record DEX trading volumes.
Solana-hosted perp DEXs process over $8B in volume during the liquidation event, signaling ecosystem resilience.
SOL open interest climbs 6.9% to $10.2B, reflecting rising bullish reentry expectations.
Solana (SOL) price rebounded 3% on Sunday, October 8, reaching intraday highs of $190 and reclaiming its $100 billion market cap for the first time since early September. The recovery follows a week of volatility triggered by U.S. President Donald Trump’s renewed tariffs on China, which sparked record-breaking liquidations across global crypto markets.
Solana Price Rebounds Above $190 as DEX Activity Hits Record $8B
Despite the broader downturn, Solana’s decentralized ecosystem showed