Solana price eyes a potential rise toward the $110-$115 range, according to a confluence of bullish technical and onchain indicators.
Solana’s SOL (SOL) has rallied 10% over the past 24 hours, rising to an intraday high of $86 on Wednesday.
The recovery was accompanied by a leap in futures activity, with SOL’s open interest rising by more than 5% to $5.27 billion.
Analysts are now focusing on the short-term technical setup and fundamental indicators that may signal a major turning point for SOL.
