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Solana futures volume surges, CME platform sets a new historical high
On August 1st, according to the data panel, Solana (SOL) saw a significant rise in futures trading volume and open interest on CME in July, both reaching new highs since the product was launched.
Specifically, the total trading volume of SOL futures on CME surged from $2.3 billion in June to $8.1 billion in July, a month-on-month rise of 252%. Meanwhile, the average monthly open interest increased from $132.3 million to $400.9 million, a month-on-month rise of 203%.