In the tumultuous landscape of the cryptocurrency market, Solana (SOL) has emerged as a beacon of resilience, reclaiming the $160 level amidst a recent bout of volatility. With a 6% surge over the weekend, SOL’s open interest trends hint at a potential breakout phase looming on the horizon.

The rollercoaster ride began on Friday, June 7, as the crypto market reacted to the latest US Non-Farm Payrolls (NFP) jobs data.&middot

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