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Solana Tests Critical Resistance as Futures Open Interest Hits All-Time High

  • Solana's futures open interest has reached a record $4.7 billion, indicating significant trader participation in the ongoing rally.
  • Technical indicators, such as the overbought RSI, suggest potential near-term volatility.
  • Solana is approaching the crucial resistance level at $245 before potentially reaching a new all-time high above $260.
  • Despite overbought conditions, Solana's macro momentum remains strong, driven by increasing adoption and positive market sentiment.

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