Solana CME futures trading volume and open interest surged more than threefold in July, reaching their highest level since March.
a day ago
According to Odaily Planet Daily, Solana CME futures trading volume reached $8.1 billion in July, a 252% month-over-month increase. Average open interest reached $400 million, up over 200% and reaching a new high since its March launch. Analysts say that progress in ETF applications and REX-Osprey's launch of a SOL ETF with staking returns are driving market demand. CME previously launched 25 SOL and 500 SOL contracts in March as a potential precursor to a SOL spot ETF. (The Block)
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