In July #CreatorPad 2025, the trading volume of Solana (SOL) futures on the Chicago Mercantile Exchange (CME) soared to $8.1 billion, a 252% increase month-on-month, setting a record high since its launch in March. Meanwhile, open interest (OI) also surged by 370%, reaching $800 million, indicating a significant rise in institutional investor interest in SOL. This growth is mainly attributed to market expectations for a Solana ETF and the overall recovery of the cryptocurrency market. Although the spot price of SOL has recently fallen to around $160, the activity in the futures market indicates that institutions are still actively positioning themselves, which may drive prices beyond the key resistance level of $195 in the future.
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