🚨 Solana (SOL) Heating Up: Open Interest Nears ATH — Will $200 Be Next? 🚀

Solana is making serious moves! With futures open interest skyrocketing to $5.75B, it's now closing in on its all-time high. This signals major institutional demand and strong market momentum.

🔥 Highlights You Can't Ignore:

$140 Holding Strong – SOL has defended the $140 level for over a week, boosting trader confidence and setting the stage for a potential breakout.

Bearish Bias in Futures – Despite rising open interest, funding rates remain negative, hinting that many traders are still shorting.

Ecosystem Strength – With $9.5B in TVL and dominating DEX volume, Solana’s fundamentals remain rock-solid.

ETF Hype Building – Analysts predict a 90% chance of a spot SOL ETF approval by October 10. A green light could send prices soaring! ✨

📊 What’s Next?

While the funding sentiment is cautious, strong on-chain activity and rising demand suggest SOL might just be gearing up for a major move. Eyes are on the $200 level — will Solana deliver?

🧠 Stay sharp, stay informed — the next big crypto wave might be SOL!