#Solana期货交易量创新高 #Solana期货交易量创新高 📈 In July 2025, the Solana (SOL) futures trading volume on the Chicago Mercantile Exchange (CME) reached **$8.1 billion**, a month-on-month surge of **252%**, setting a record since its launch in March. Meanwhile, the average open interest grew to **$400.9 million**, an increase of 203%.

💼 **Growth Driver Analysis**:

1. **Increased Institutional Confidence**: The approval of Solana spot ETFs (such as Rex-Osprey) has spurred institutional positioning, particularly in the $140-$157 price range;

2. **Ecosystem Expansion**: Injection of USDC stablecoin (up 11% to $12.2 billion in a month) and increase in DEX trading volume (daily average over $900 million) enhance on-chain application scenarios;

3. **Shift in Derivatives Demand**: Compared to the outflow of $1 billion from Solana ETFs, CME futures are preferred by institutions due to flexible leverage and regulatory clarity.

🔍 **Horizontal Comparison**: Although the growth rate is significant (SOL futures growth exceeds BTC's 23% and ETH's 82%), the scale of SOL futures is still far below BTC ($275.3 billion) and ETH ($118.1 billion), reflecting that its ecosystem is in the early stages of expansion.