BlockBeats News, August 1—According to data from The Block, Solana (SOL) saw a significant month-on-month increase in both futures trading volume and open interest on CME in July, with both metrics reaching record 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, marking a 252% month-on-month increase. Meanwhile, the average monthly open interest rose from $132.3 million to $400.9 million, up 203% compared to the previous month.