Solflare has integrated PhoenixTrade Perps into its mobile wallet, giving users access to over 65 leveraged markets through an onchain orderbook on the Solana blockchain. This integration enhances the accessibility of Phoenix Trade’s non-custodial perpetual futures exchange for users within the Solana ecosystem, with USDC as collateral. Recent Solana activity includes increased onchain activity and a notable rise in the burning of SOL tokens. Market pricing shows limited optimism about SOL reaching $160 in August, with only 0.8% YES probability.
Source: Read the original article
