Solana’s CME futures volume hit 1.8M on June 23, marking record-breaking demand from institutional crypto traders.
With $21.55M in daily inflows, Solana outpaced all blockchains as Arbitrum lost over $54M in capital exits.
Solana rebounded from $130 to $145.43, forming a V-shape recovery as market cap jumped 3.06% to $77.25B in 24 hours.
Solana’s CME futures market surged to a record 1.8 million contracts on June 23, signaling rising institutional participation. The spike aligned with a price rebound above $145, marking Solana as the top performer in recent blockchain capital flows.
CME Futures Volume Hits Record High
Solana’s futures volume climbed from below 400,000 contracts in early June to 1.8 million by June 23. According to data from Glassnode posted by Cointelegraph on X, this is the highest figure recorded since April 19. Back in April, volumes held near 800,000, with short-lived bursts over 200,000 during low-volatility phases.
Between May 13 and 21, volume surged past 1.4 million contracts, with SOL’s price approaching $180. From late May to early June, futures activity eased but remained volatile, crossing 800,000 on multiple sessions. As prices slipped below $150 mid-June, activity dropped before sharply rebounding in late June.
Price and derivatives metrics remain closely aligned, with volume accelerating during periods of price expansion or directional reversals. The June 23 spike reflects intensified positioning by institutional participants tracking short-term volatility in Solana markets.
Solana Leads Blockchain Capital Inflows
Solana recorded $21.55 million in net inflows over the last 24 hours, topping all blockchain networks by a wide margin. Base ranked second with $10.68 million, followed by Noble with $2.27 million. Ethereum posted modest gains of $1.69 million.
On the outflow side, Arbitrum led losses with $54.54 million in capital exits. Avalanche saw $19.46 million withdrawn, while Unichain and Sei shed $8.56 million and $6.75 million, respectively. Layer-2 network, Optimism, and Sonic also experienced measurable declines.
The gap between Solana’s inflows and Arbitrum’s outflows highlights a $76 million divergence in investor behavior across ecosystems. Strong capital rotation into Solana indicates growing liquidity preference amid market turbulence.
Market Structure Shows Strong Recovery
Solana (SOL) is trading at $145.43, down 1.51% over seven days but recovering from a steep drop below $130. Market cap increased 3.06% to $77.25 billion in the past 24 hours, signaling improving sentiment. Trading volume dropped 13.32% to $4.51 billion, reflecting lower immediate participation.
Solana’s total supply stands at 603.72 million SOL, with 531.2 million circulating. The price chart shows a V-shaped recovery with tight consolidation around $145. Technical support now forms between $130 and $145 as Solana tests resistance toward $150. The derivatives surge, strong inflows, and price stability confirm Solana’s rising momentum in a shifting crypto market.
The post Solana Tops Blockchain Inflows With $21.5M Shift Amid $145 Recovery appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
