SOL's rebound this time is quite interesting, with geopolitical easing + increased volume in derivatives, but the rejection of the acquisition indicates the team still wants to control the direction. Whether the $75 support can hold will be seen next week.

Crypto.com news: The price of Solana (SOL) has rebounded more than 20% from its June lows and is now approaching the critical support level around $75. According to Crypto.News data, Solana was trading at approximately $75 in the session on June 16, up more than 20% from $60 at the beginning of June. This rebound is related to news that the United States and Iran reached a framework agreement, easing concerns about disruptions to energy supplies. Oil prices fell after the announcement, while risk assets such as Bitcoin and Ethereum performed strongly. On June 15, Solana rejected a non-binding acquisition proposal from Forward Industries, whose valuation was higher than the market price. The derivatives market also supported this move: according to data from Crypto.com, during the rebound, the number of open interest contracts rose in tandem with the price. Over the past four months, Solana has been trading in the range of $75.7 to $98.3.