Solana charts set $1K price target as open interest hits all-time high

Solana open interest hit a record high above $13 billion as the technical setup suggests the rally could continue for SOL price to reach $1,000.

Key takeaways:

Bullish technicals suggest that SOL price can reach $1,000 if the resistance between $210-$250 is broken.

Solana’s open interest has rallied to a record high of $13 billion, signaling high speculative interest. 

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