# Ethereum Futures Surge

*Author: Bankless*
*Published: Nov 22, 2024*
*Source: https://www.bankless.com/read/ethereum-futures-surge*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Frame-50567--6---1---1-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/airdrop-hunting-guide-walletconnect&email=true)

  
Ethereum Futures Surge
    
  

  
  Published on Nov. 22, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
ETH Futures Surge
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Group-14--60-.png)](https://www.bankless.com/dashboard)- 📈 **Ethereum Futures Open Interest Booms.** ETH futures open interest has surged to [a new high of $20.8 billion](https://www.bankless.com/read/ethereum-futures-open-interest), with positive funding rates and record leverage ratios indicating traders are heavily betting on rising ETH prices.
- 🚀 **Solana Hits Record High Over $260.** Two years after plunging to $8 during the FTX collapse, SOL has soared to a new [all-time high above $260](https://decrypt.co/292874/solana-hits-all-time-high-price) following a 386% year-over-year surge. 
- ❎ **Polymarket Blocks French Traders.** The predictions marketplace has [restricted access for French users](https://www.coindesk.com/policy/2024/11/22/polymarket-blocks-french-users-amid-gambling-inquiry/) following an investigation by France’s national gaming authority, the ANJ, over compliance with gambling laws.

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    MARKET VIBES

  
  
Alt L1s Pump
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Is it 2021 again? Last cycle's retail favorites— including XRP, EOS, Stellar, Cardano, and Sologenic—litter the top gainers board today. Meanwhile, BTC is sitting just under $100k, and Jim Cramer *finally *flipped bullish after urging investors to exit at the pico-bottom. It's beginning to look like the next big bull run might just be getting started. 

Prices as of 1pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.3t
       

  
    
    ↗ 1.2%
    
  

   
    
    ↗ 11.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $98,999
       

  
    
    ↗ 0.7%
    
  

   
    
    ↗ 10.3%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,297
       

  
    
    ↘ 1.6%
    
  

   
    
    ↗ 8.6%
    
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/34104.png)
    

  **MORPHO**
   
          $0.93
       

  
    
    ↘ 21.7%
    
  

   
    
    ↘ 45.4%
    
  

  

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🦋**New Token Rating: **Lending protocol **Morpho **enabled transferability on its token yesterday. How does this investment shape up against Aave?[Unlock MORPHO on Token Hub](https://www.bankless.com/tools/token-hub/morpho)

.  .  .

 
  
    

GUIDE

  
  
    
The Airdrop Hunting Guide to WalletConnect
  
  
   
     
     Bankless Author: 
     
        [
       
        Kazu Umemoto](https://www.bankless.com/author/kazu)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-22T091037.618-1.png)](https://www.bankless.com/read/airdrop-hunting-guide-walletconnect)**With its QR-code connections and end-to-end encryption, WalletConnect has become a cornerstone for crypto users linking wallets to dapps. **

But the buzz doesn't stop there.

The launch of WalletConnect’s native token, WCT, brings staking rewards, governance potential, and airdrop opportunities into the mix to unlock a new layer of utility for onchain adventurers.

*Ready to secure your WCT bag? Let’s explore how Bankless Citizens can tap into a simple opportunity to earn 50k WCT*! 👇

[Read More on Bankless.com](https://www.bankless.com/read/airdrop-hunting-guide-walletconnect)
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