Solana's futures trading volume and open interest on CME both reached new highs in July

BlockBeats news, on August 1, according to The Block data panel, the trading volume and open interest of Solana (SOL) futures on CME saw a significant month-on-month increase in July, both reaching new highs since the product was launched.

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