Dogecoin is currently extremely oversold, while Solana's Open Interest figures suggest a potential rebound after a significant decline from its all-time high of $264. With a total Open Interest of 25.43 million SOL valued at $5.31 billion, traders are showing bullish anticipation, especially as SOL's price rises to $204.87, supported by increased market volume. To maintain upward momentum, SOL must stay above the $196 support level, with innovative projects expected to enhance network performance and investor confidence.