#Solana期货交易量创新高 **Growth Driver Analysis**：

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

2. **Ecosystem Expansion**：The injection of USDC stablecoins (an increase of 11% in one month to $12.2 billion) and an increase in DEX trading volume (daily average exceeding $900 million) have strengthened on-chain application scenarios;

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

🔍 **Horizontal Comparison**：Despite significant growth (SOL futures growth rate exceeding BTC by 23% and ETH by 82%), the scale of SOL futures still remains far below BTC ($275.3 billion) and ETH ($118.1 billion), reflecting that its ecosystem is in the early expansion stage.