Solana's holdings are steadily increasing, with a thriving ecosystem driving a value reassessment. Solana futures open interest reached $7.6 billion, a 24-hour increase of 2.64%. While the absolute value is lower than BTC and ETH, its growth rate has led for a week, reflecting market optimism about the SOL ecosystem's prospects and increased demand for asset allocation. Ecosystem Data: Solana currently has over 3 million daily active addresses. Its DEX trading volume accounts for 30% of the entire network, second only to Ethereum. Its NFT market share is also growing rapidly. Furthermore, Solana boasts extremely low fees, extremely fast transaction speeds, and a user experience far superior to Ethereum. These advantages are attracting more and more developers and users. Technical Analysis: SOL is currently consolidating below the $130 resistance level at $127. The narrowing Bollinger Bands suggest an imminent directional move. Considering the increase in open interest and the tilt in the long/short ratio, an upward breakout is more likely. A break above $130 would open up $150, corresponding to a 20% increase. Investment Recommendations: SOL is suitable as a core asset for medium- to long-term investment. A 15-20% allocation is recommended. A dollar-cost averaging strategy is advised, with a fixed amount invested weekly, avoiding chasing highs and lows to smooth out costs. The target holding period is at least 6 months, during which it will be unaffected by short-term fluctuations. Solana, as the public chain most likely to challenge Ethereum, has immeasurable long-term value.
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