Now, SOL is trading around $125 to $139. This reflects the cautious sentiment that dominates the crypto market. Retail interest is still modest. It stands at around $6.95 billion. It has been steadily declining since the OI peaked at $17.1 billion on September 19, with no clear signs of a market rebound. Prolonged weakness in the derivatives market could further pressure SOL.

SOL-0.17%
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