Solana (SOL) traded at $121.69, up 0.23% over 24 hours, after reaching an intraday high of $124.95. The rally followed a break above $94.85 earlier in September, which became a key support level, while $73.62 marked deeper support. Technical momentum remained positive, with the relative strength index (RSI) at 68.44 and the MACD above its signal line, although the RSI was approaching the commonly watched overbought threshold of 70. Solana's total value locked rose from about $4.7 billion in early August to $6.7 billion by late September, while open interest reached approximately $7.5 billion and derivatives volume exceeded $12 billion. Lookonchain reported that address 0x9c6a held a 20x long position of 550,087 SOL, valued at about $67.88 million, with more than $23 million in unrealized profit and take-profit orders at $200. An earlier account showed approximately $20.53 million in gains when SOL traded near $118, based on an average entry price of $80.90 and returns above 900%.