Solana Futures Surge by 25.5%: Institutional Interest Fuels Market Boost

Solana futures have experienced a significant surge, rising by an astounding 25.5% in just three days, signaling strong market confidence and anticipation for Solana’s future trajectory. This increase is attributed to two key factors: the anticipated approval of a spot Solana Exchange-Traded Fund (ETF) by October, and growing corporate investment interest in the platform. Open interest on CME-traded Solana futures has reached an impressive $1.87 billion, reflecting widespread participation from both retail and institutional investors.