Solana futures on the Chicago Mercantile Exchange have set a record trading volume of 1.75 million contracts. This event points to an increase in institutional interest in the asset.
Record Trading Volume on CME
According to the Chicago Mercantile Exchange, Solana futures reached a trading volume of 1.75 million contracts on June 24, 2025. This event marks the highest trading activity for Solana futures on the platform.
Institutional Interest in Solana
The record trading volume indicates a growing interest from professional investors in digital assets like Solana (SOL). This shift signals increasing confidence and participation from professional investors.
Impact on Solana's Price
Following the volume spike, Solana's price rose by 3.8% to approximately $145. This suggests that traders are anticipating further price volatility. Institutional flows typically precede price rallies, as seen with Bitcoin and Ethereum futures.
The surge in Solana futures volume reflects increasing institutional interest and may significantly impact the cryptocurrency market. This active participation from institutional players is expected to lead to further adoption of Solana.
