Solana's futures trading volume and open interest on CME hit all-time highs in July.

By: theblockbeats.news|2025/08/01 12:41:53

BlockBeats News, August 1st, according to The Block's data dashboard, Solana (SOL) saw a significant month-over-month increase in trading volume and open interest in CME's futures market in July, both hitting new highs since the product's launch.

Specifically, the total trading volume of SOL futures on CME surged from $2.3 billion in June to $8.1 billion in July, a 252% month-over-month increase. Meanwhile, the average monthly open interest rose from $132.3 million to $400.9 million, a 203% month-over-month increase.

The trader is fully pricing in the scenario of two more Fed rate cuts before the end of the year.Trader Fully Digests Fed's October Rate Cut

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