Solana Futures Trading: A Comprehensive Guide for Beginners

Confused about Solana futures and leverage? This guide breaks down the concept of Solana futures trading in simple terms. Learn how to profit from both rising and falling Solana prices, understand the risks involved, and explore Solana's potential to rival Ethereum.

Are you interested in starting crypto trading but feel confused by terms such as futures and leverage? This article will be a complete guide for those of you who want to understand the concept of trading Solana futures.

In this article, we will explain in simple and detailed terms what Solana futures are, how they work, and the associated benefits and risks.

What are Solana Futures?

Solana futures are contracts that provide the right and obligation to buy or sell a specified amount of Solana (SOL) at a predetermined price in the future. The Solana futures market offers two main features for cryptocurrency traders:

1. Leverage: Purchasing Solana futures allows traders to control more Solana tokens using leverage (usually 10x to 50x).

2. Profit from price reduction: Selling Solana futures allows traders to profit from downturns in SOL price.

Solana futures traded on most cryptocurrency exchanges today do not have an expiration date, so they are also referred to as Solana perpetual futures or Solana perpetual swaps.

Solana vs. Ethereum

Solana is starting to attract attention as a serious competitor to Ethereum, even though its market capitalization is about four times smaller than that of the leading smart contract platform.

On October 23, the SOL/ETH trading pair reached a new record high of around 0.0692 ETH. The move is part of a bullish trend that has risen 600% since 2023.

Solana's rise against Ethereum has sparked discussions about its potential to surpass Ethereum's market capitalization in the not-too-distant future.

At the center of Solana's bullish outlook is increased network usage and an upcoming update that could potentially reduce Ethereum's dominance in blockchain.

Can SOL Defeat ETH?

The possibility of Solana surpassing Ethereum in terms of technical capabilities and market valuation may increase as Solana meme-coins have been a key driver of Solana's recent growth.

Historically, meme-coins have thrived in bull market conditions when speculation runs high, but they have faced severe corrections during market downturns.

Currently, Solana needs to grow 3.5 times its current market cap to reach Ethereum's $304 billion valuation. However, analysts at VanEck speculate that Solana could reach 50% of ETH's value in the next few years if it continues to outperform Ethereum in terms of daily active users and transaction volume.

Meanwhile, Bitfinex analysts suggest that Solana's success depends on expanding its user base beyond speculative traders. To achieve sustainable long-term growth, Solana needs to attract DeFi enthusiasts, traditional financial institutions, and enterprises.

They noted that a Firedancer update in 2025, which aims to increase Solana's capacity to handle up to 1 million transactions per second, could potentially make its network more attractive to larger investors and institutions.

Solana Continues Uptrend with 13.58% Monthly Gain

2024 has been a fantastic year for Solana investors as this premier altcoin has risen 481% since November 2023. Although Solana's growth has slowed, it is still amid a bullish trend with Solana currently trading at US$181,072 with growth of 3.02% in the last 24 hours.

It can be seen from the Solana futures price chart above. The RSI, MACD, and Bollinger Bands indicators show the positive side. Solana's RSI is at 67.11, which means the buying trend is greater than the selling trend in the sense that it is positive, not overbought. The MACD line is also above the boundary line so the bullish signal is very strong at the moment.

Conclusion: Buying Solana Futures

You buy Solana futures if you want to profit from Solana price increases in the future. This trading strategy is also known as opening a long Solana futures position.

With 10x leverage, buying a $100 Solana futures contract would allow you to 'own' $1,000 worth of Solana. However, please note that if the price of SOL falls by more than 10%, you will lose your entire $1,000 investment as your position will be liquidated.

Simple example:

Suppose SOL is trading at 10 USDT per token. A trader futures Solana bullish and decides to open a long Solana futures position at that price by purchasing 1,000 Solana futures contracts with 10x leverage.

With each contract having a contract size of 1 SOL, the initial margin required to open this position is 1,000 x $10 / 10 = $1,000. Depending on the price performance of SOL, traders can make a lot of money or lose their entire investment.

However, the most important thing is that before deciding to invest in Solana futures, you must also carry out in-depth research on this investment instrument. Moreover, crypto is an investment instrument with prices that are so volatile that price changes are common. Checking prices regularly will help you assess how stable a token will be in the future.

Conduct detailed research by utilizing various Bitrue features, starting from the price feature, and price conversion from SOL to USD, to reading articles on the Bitrue blog to find out about the projects being carried out by the token network you are looking for.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

 

Inspiring Young Leaders: Best Speakers for Students

 

In a time when it’s very important to inspire young leaders, having role models who can motivate, guide, and teach students is crucial. The impact of a well-timed speech can plant seeds of ambition and determination in young minds, creating a generation of future leaders driven by purpose, resilience, and vision. This article looks at some of the most influential speakers who have made a big difference in students’ lives around the world (sharing their stories, achievements, and reasons they connect so deeply with young audiences). Why Inspirational Speakers Matter for Students: Speakers who connect with student audiences have a vital role in motivating future leaders and empowering youth to tackle life’s challenges. These speakers offer unique viewpoints, often telling personal stories of overcoming difficulties, embracing change, and showing ethical leadership. However, because of this, students gain valuable insights into navigating their own lives with purpose and confidence. In a world that is always changing, these speakers help young people discover their voices (guiding them to reach their true potential). Characteristics of the Best Speakers for Students are essential, although they can vary.

Before we dive into the standout speakers, it’s really important to understand the qualities that make these leaders special. Authenticity (students truly connect with speakers who are honest and share their struggles and successes) is essential. Relevance matters too; the best speakers discuss topics that resonate with students, such as mental health and career development. Engagement is another key element. By using interactive techniques, humor, or compelling storytelling, effective speakers capture the attention of young audiences. Expertise is also a factor: leaders with a strong background in their field gain respect and credibility from students. Keeping these traits in mind, let’s examine some of the top speakers who inspire young minds around the world. However, one standout is Simon Sinek—who advocates for purpose and leadership.

Simon Sinek is a well-known figure in motivational speaking and leadership development. His books, like Start With Why, have changed the way people think about leadership, purpose, and success. Sinek's approach, especially his Golden Circle theory, resonates strongly with young audiences. He highlights the importance of understanding one’s "why" (this) which encourages students to think critically about their motivations and the impact they want to make. Sinek's talks focus on building a foundation of values-driven leadership, something that is essential for future leaders. However, it’s not only about knowing your "why," because it also requires taking action. 

Malala Yousafzai, a Nobel Prize winner (and education advocate), stands out as one of the most powerful voices for female empowerment and access to education. Her journey of strength in the face of challenges has motivated millions (especially young learners). Although she encountered threats and even survived a deadly attack, Malala's commitment to promoting education for girls has only become stronger. Her speeches emphasize the importance of fighting for what is right and they highlight how education can serve as a means for personal and social transformation. For students, Malala exemplifies the strength of courage and determination. However, her influence reaches beyond mere words; it proves that anyone can create change. 

Organizational psychologist and best-selling author Adam Grant presents unique views on creativity, resilience, and mental health for young audiences. His work challenges the common ideas about productivity and success (this is important) because it encourages students to think beyond traditional limits. In his talks, Grant emphasizes the importance of resilience, curiosity, and being open to new ideas. His insights help students understand that failure is not an endpoint (however, it is a stepping stone to growth). As a professor, his friendly approach makes him a relatable figure for students who are navigating their academic and personal journeys. 

Mel Robbins, a motivational speaker and the author of The 5 Second Rule, is well-known for her clear method of helping people tackle procrastination and fear. Robbins' straightforward yet impactful technique—the 5-second rule—has assisted millions in pushing through hesitation and taking action. Her speeches concentrate on common issues students encounter, like self-doubt and lack of motivation. They also offer practical strategies for change. Robbins' approach encourages young people to harness the power of small steps to achieve large goals, making her quite popular with student audiences.

Dr. Brené Brown is a research professor and best-selling author whose work on vulnerability, courage, and empathy has influenced audiences worldwide. Her insights, based on years of research, inspire students to view vulnerability as a strength, but, not a weakness. Although Brown’s discussions on self-worth and bravery are particularly relevant, they also highlight the significance of connection. Students often feel pressured to maintain a perfect image, but by advocating for authenticity, Brown motivates young people to be genuine. This creates a healthier and more compassionate approach to personal growth.

Jay Shetty – Lessons from Mindfulness and Purpose Jay Shetty (who used to be a monk and is now a motivational speaker) shares a unique perspective on mindfulness, self-discipline, and personal growth. His ability to break down complex concepts into simple, relatable ideas makes his lessons easy for students to grasp. Shetty's speeches combine spiritual insights with practical tips, which help students manage the pressures of modern life. With an emphasis on mindfulness, Shetty encourages young people to find their purpose and live with intention. This is why he has become a sought-after speaker for students looking to cultivate inner peace and resilience. 

As a former First Lady, author, and advocate, Michelle Obama has inspired millions (1) with her dedication to youth empowerment, education, and health. Her memoir, Becoming, shares the story of her journey and the difficulties she encountered, offering important lessons in resilience, self-confidence, and leadership. Obama’s speeches are filled with personal stories and advice for young people—especially young women—on embracing their uniqueness and pursuing their dreams. Her impact has led to many youth initiatives and motivates students to seek a life of purpose.

However, Gary Vaynerchuk’s focus on hustle and entrepreneurship also plays an important role in this discussion. Although both figures have different approaches, their messages are intertwined because they both encourage young people to strive for success. This combination of influences is powerful and it shapes the aspirations of the next generation.

Gary Vaynerchuk, commonly known as Gary Vee, is a famous entrepreneur and motivational speaker. He connects with students who are curious about entrepreneurship and digital innovation. Vaynerchuk's clear advice on hard work, adaptability, and perseverance is especially important for students facing a competitive (and always changing) job market. His talks and social media presence urge young people to be proactive in building their careers. They should make the most of the resources available and embrace the hustle. Vaynerchuk's energy and authenticity make him a captivating speaker; he inspires students to take control of their futures. However, this is not just about motivation. Although Priya Parker wrote "The Art of Gathering and Connection," Vaynerchuk emphasizes a different approach. 

Priya Parker, the author of *The Art of Gathering*, highlights the importance of community, connection, and meaningful interactions. Her talent for organizing transformative gatherings has made her a prominent speaker, especially in a post-pandemic world where social connections are increasingly valued. Parker's insights are particularly helpful for students, many of whom face social and academic pressures. Her advice on creating genuine connections helps students build supportive networks, which boosts their emotional and mental well-being. 

Angelo “Boost Gio” Bañaga is a motivational speaker in the Philippines dedicated to empowering young professionals and young professionals. He has a knack for teaching his co-millennials and the younger generation personal finances, branding, and stepping out of their comfort zones.

Aside from his commitment to public speaking, he is also co-founder of Kwento Co and is busy in community outreach to help the underserved in society because he believes that everyone should contribute to the greater good. Given all these attributes, his warmth, wisdom, and unwavering belief in the potential of youth make him an ideal mentor for those ready to chase their dreams and live a life full of purpose and passion.

Inspiring the Leaders of Tomorrow. Bringing inspirational speakers into students' lives is more than just motivational; it’s about giving them the tools, insights, and perspectives that shape their growth. These speakers (each with unique backgrounds and messages) help students develop resilience, face challenges, and pursue meaningful goals. Their influence has sparked change on both individual and global levels, reminding students that they, too, can make a difference. However, the journey to becoming effective leaders begins with these crucial connections.

Koshidaka International KL Sponsors 52nd Japan Club Charity Bazaar in Kuala Lumpur to Support Underprivileged Communities

On November 3, 2024, Koshidaka International KL proudly participated in the 52nd Japan Club Charity Bazaar held at Eastin Hotel Kuala Lumpur, donating 50 vouchers worth RM 50 each. The event raised funds to support welfare facilities and organizations for disabled individuals in Malaysia.

Kuala Lumpur, November 3, 2024 – Koshidaka International KL is honored to have participated as a sponsor in the 52nd Japan Club Charity Bazaar, hosted by the Japan Club of Kuala Lumpur. This event, dedicated to supporting Malaysia’s underprivileged communities, took place on Sunday at Eastin Hotel Kuala Lumpur. In a gesture of solidarity and goodwill, Koshidaka International KL contributed to the cause by donating 50 vouchers, each valued at RM 50, as part of the charity’s fundraising efforts.

Held annually, the Japan Club Charity Bazaar is a beloved community event, where all proceeds benefit various Malaysian welfare facilities and organizations, particularly those focused on assisting individuals with disabilities. Among the Bazaar’s attractions, the handicrafts corner showcased a wide array of handmade items crafted by dedicated volunteers. This year, approximately 1,400 pieces across 33 varieties of handicrafts were displayed, adding vibrancy and a unique personal touch to the bazaar.

Koshidaka International KL is committed to supporting initiatives that contribute positively to local communities, and this event aligns well with its values of inclusivity and community support. The company’s sponsorship of the charity bazaar reflects its dedication to giving back to society and fostering a supportive environment for all individuals, especially those facing challenges. Koshidaka International KL extends its gratitude to the Japan Club of Kuala Lumpur for organizing such a meaningful event and looks forward to participating in similar charitable activities in the future.

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.