Optical communication assets are performing strongly against the trend, with the COHR contract on the Gate platform ranking among the top three globally

The US stock market weakened overall due to geopolitical risks and a high-level correction in technology stocks, while the optical communication sector showed resilience against declines. According to CoinGlass data, Coherent (COHR) is currently priced at $360.06, with a daily increase of 1.21%, and the total contract open interest across the network reached $8.9669 million, with approximately $843,300 in contract open interest on the Gate platform, ranking third in the network. In addition, Lumentum (LITE) is currently priced at $865.82, with a daily increase of 5.86%, and the total contract open interest increased by 29.17%, with approximately $777,000 in contract open interest on the Gate platform, also ranking among the industry leaders.