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Solana Futures Trading Volume and Open Interest on CME Hit Record Highs in July

Summary: According to The Block data, Solana (SOL) saw a significant increase in futures trading volume and open interest on CME in July, reaching new highs since the product's launch. Specifically, total trading volume for SOL futures on CME surged from $2.3 billion in June to $8.1 billion in July, a 252% month-over-month increase. At the ...

According to The Block data, Solana (SOL) saw a significant increase in futures trading volume and open interest on CME in July, reaching new highs since the product's launch.

Specifically, total trading volume for SOL futures on CME surged from $2.3 billion in June to $8.1 billion in July, a 252% month-over-month increase. At the same time, average open interest rose from $1.323 billion to $4.009 billion, a 203% increase month-over-month.

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