Solana (SOL) has seen a surge in trading activity, leading to a record-breaking open interest of $6.68 billion. This increase in open interest suggests heightened market interest and participation, indicating growing confidence and demand for SOL. Additionally, Solana's social dominance, a measure of its mentions across social media, has reached a two-month high, further reflecting increased public interest. The rising Chaikin Money Flow also indicates growing demand for SOL, potentially allowing the price to break through resistance levels and challenge its all-time high of $264. However, a shift in sentiment could lead to a price drop below $200.



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