Today I was watching the market and found a pretty interesting setup—$KMNO Kamino Finance, a Solana on-chain DeFi lending sector. It’s up nearly 14% today, but the funding rate is only +0.005%, basically close to zero.
What does this combination suggest? The price increase is mainly coming from spot demand, not from an overleveraged buildup of long positions in the futures market. The number of trades is close to 120,000, liquidity looks decent, and open interest is also present.
Today, the broader market is facing sticky PCE inflation pressure. BTC broke below 78K, and the overall tone is cautious. Yet KMNO can still move stronger independently in this environment, supported by continuously growing lending data across the Solana ecosystem.
Of course, watch for pullback risk at higher levels. I’m not making an absolute prediction, but this structure is definitely worth paying attention to.
Click the small card below to quickly view the行情👇
#KMNO #Solana #DeFi
What does this combination suggest? The price increase is mainly coming from spot demand, not from an overleveraged buildup of long positions in the futures market. The number of trades is close to 120,000, liquidity looks decent, and open interest is also present.
Today, the broader market is facing sticky PCE inflation pressure. BTC broke below 78K, and the overall tone is cautious. Yet KMNO can still move stronger independently in this environment, supported by continuously growing lending data across the Solana ecosystem.
Of course, watch for pullback risk at higher levels. I’m not making an absolute prediction, but this structure is definitely worth paying attention to.
Click the small card below to quickly view the行情👇
#KMNO #Solana #DeFi
