Solana (SOL) is trading at $102.78, down 0.57% over 24 hours, but remains above its 20-day, 50-day, 100-day and 200-day exponential moving averages (trend indicators). Those averages are at $99.21, $90.52, $86.13 and $91.37, respectively. Its relative strength index (RSI), a momentum gauge, is 60.74 versus a recent average of 67.73, indicating that August’s momentum has eased while remaining bullish. Open interest, the total value of outstanding derivatives positions, fell to roughly $6.6 billion from a late-August peak near $7.5 billion after rising from about $4.4 billion in early August. Short liquidations approached $100 million around August 20 as SOL moved rapidly out of the $70s, while later liquidation bursts affected both long and short positions. Daily trading volume reached $12 billion to $15 billion on several rally days and peaked near $17 billion, but later declined as SOL held between $100 and $105. The Solana Foundation has announced Solana & Suits, a closed, invite-only forum in London on October 5, with representatives from Standard Chartered, State Street, Société Générale, Baillie Gifford and Allfunds expected to attend. The event will examine the future of capital markets and onchain financial infrastructure, although no data links the announcement directly to SOL’s price. Traders are watching whether volume returns, with $99.21 as the key near-term support, $105.20 and $110 as resistance levels, and a possible deeper pullback toward $74.57 if SOL falls below $92.10. A move above $110 accompanied by rising volume would indicate that the August rally may have further room to run.