Solana futures trading volume and open interest on CME both hit new highs in July

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On August 1st, according to The Block data panel, Solana (SOL) futures trading volume and open interest on CME significantly increased month-on-month in July, both reaching new highs since the product's launch.

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 increase of 252%. Meanwhile, the monthly average open interest grew from $132.3 million to $400.9 million, representing a month-on-month increase of 203%.

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