Altcoin Open Interest Is Falling—But These 4 Altcoins Could Be Ready for a Major Comeback

Falling altcoin open interest shows that leveraged positions are being reduced. SOL, HYPE, ONDO, TAO, and NEAR have different market drivers and use cases. A lasting recovery would require stronger spot demand and improving liquidity. The decline in open interest has become an important development for the broader altcoin market. Open interest measures the value of outstanding futures and perpetual contracts, making it useful for trac…