The biggest tokens traded sluggishly as traders awaited Wednesday's Federal Reserve meeting. Solana's sol (SOL) stood out with near-record open interest in the CME-listed futures.

Privacy-focused monero (XMR) rose 6% over 24 hours, looking past the massive blockchain reorg that raised centralization concerns. Other gainers were IMX, up nearly 13%, AVAX, adding 6%, and HASH, which traded 4% higher.

Key market signals painted a mixed picture, warning of an uptick in volatility after the Fed decision.

"On the surface, the ETF MVRV has climbed to 2.29, and liquidity prints show strong institutional bids," Timothy Misir, head of research, BRN, said in an email referring to the market value to realized value ratio.

"Below the surface, spot cumulative volume delta weakened even as momentum in

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