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Solana price falls 18% in May as SEC scrutiny cuts open interest by $330M

  • Open interest in SOL derivatives falls from $3.20B to $2.87B.
  • Price faces resistance at 50-day EMA, $150 is key support.
  • Polymarket shows 80% odds of Solana ETF approval.
  • Solana price falls 18% in May as SEC scrutiny impacts open interest and triggers bearish sentiment in the market.

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