#CreatorPad The trading volume of Solana (SOL) futures at the Chicago Mercantile Exchange (CME) reached $8.1 billion in July, a month-on-month increase of 252%, setting a new record since the product was launched. The significant increase in CME futures trading volume indicates that institutional investors have greater confidence in the Solana ecosystem, which may further drive the price of SOL and the overall growth of the ecosystem. Moreover, this also lays the groundwork for potential applications for a Solana spot ETF.

💬 Does the surge in Solana futures trading volume mean it is becoming the most favored cryptocurrency among institutions after Bitcoin and Ethereum? What does this mean for the future development of the Solana ecosystem?