Solana Soars 10% as SOL CME Futures Volume Shatters Records

Solana rockets into the green as institutional interest hits fever pitch.

CME's SOL futures volume just blasted past its previous all-time high—traders are piling in despite crypto's usual volatility circus.

Wall Street's latest crypto crush? Maybe. Or just another case of 'follow the leverage' until the music stops.

SOL CME futures hit 1.75m contracts

CME futures volume for Solana hitting “the highest on record,” according to Glassnode, signals fresh institutional investor interest in the altcoin. Investors may be positioning ahead of a potential SOL price rebound.

$SOL CME Futures volume just hit an all-time high of 1.75M contracts – the highest on record. This surge suggests institutional investors are positioning aggressively as price rebounds to ~$145.
Track SOL derivatives data: https://t.co/yClXheGVZB pic.twitter.com/wmmA3kdwkB

The SOL token last traded above $150 on June 20,2025, with the subsequent dump to lows of $125 coming amid the sell-off that also drove Bitcoin (BTC) to near $98k. But the benchmark digital asset has since bounced to above $105k, fueling gains across the crypto market.

Solana’s gains have cut weekly losses for SOL price to under 1% as at the time of writing.

CME Group announced the launch of SOL futures in March 2025, offering access to micro-sized contracts and larger-sized contracts. Market participants can choose between the 25 SOL micro-sized contract or the larger 500 SOL contract.

“With the launch of our new SOL futures contracts, we are responding to increasing client demand for a broader set of regulated products to manage cryptocurrency price risk,” Giovanni Vicioso, CME Group’s global head of cryptocurrency products, said.

After a slow start, with less than 400k in volume in April and May, the metric picked up and surpassed 1 million contracts this week. Analysts have opined that notable CME futures volume could be a signal for demand for Solana exchange-traded funds. Recently, experts gave SOL spot ETFs a 95% chance of approval in 2025.

Coinglass data shows open interest in Solana has increased to over $6 billion. Meanwhile, derivatives volume has increased by more than 28% to $19.2 billion.