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CME Exchange Reports 252% Surge in Solana Futures Trading as Institutional Demand Soars
CME Exchange Reports 252% Surge in Solana Futures Trading as Institutional Demand Soars
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CME exchange News -
Solana (SOL) futures trading volume on the CME platform skyrocketed 252% in July, reaching $8.1 billion, up from $2.3 billion in June. Open interest more than tripled, climbing from $132.3 million to $400.9 million, signaling heightened institutional participation.
The surge reflects growing market anticipation for a potential spot solana ETF approval. Large traders are increasingly active, with customer engagement in Solana futures rising sharply. This momentum positions SOL as a standout performer in the current crypto cycle.
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