Solana Futures Volume Hits Record 1.8 Million Contracts Amid Institutional Surge

Solana's CME futures volume reached a record high of 1.8 million contracts on June 23, indicating a surge in institutional interest. This increase in volume coincided with a price rebound for Solana, which rose above $145, making it the top performer in recent blockchain capital flows.

Solana's futures volume experienced a significant increase from below 400,000 contracts in early June to 1.8 million by June 23. This volume is the highest recorded since April 19. In April, volumes were around 800,000 contracts, with occasional spikes over 200,000 during low-volatility periods. Between May 13 and 21, volume surged past 1.4 million contracts as the price of SOL approached $180. From late May to early June, futures activity eased but remained volatile, crossing 800,000 contracts on multiple sessions. As prices slipped below $150 mid-June, activity dropped before sharply rebounding in late June. The June 23 spike in volume reflects intensified positioning by institutional participants tracking short-term volatility in Solana markets.

Solana recorded $21.55 million in net inflows over the last 24 hours, leading all blockchain networks. Base ranked second with $10.68 million in inflows, followed by Noble with $2.27 million. Ethereum posted modest gains of $1.69 million. On the outflow side, Arbitrum led losses with $54.54 million in capital exits. Avalanche saw $19.46 million withdrawn, while Unichain and Sei shed $8.56 million and $6.75 million, respectively. Layer-2 network, Optimism, and Sonic also experienced measurable declines. The gap between Solana’s inflows and Arbitrum’s outflows highlights a $76 million divergence in investor behavior across ecosystems. Strong capital rotation into Solana indicates growing liquidity preference amid market turbulence.

Solana (SOL) is currently trading at $145.43, down 1.51% over seven days but recovering from a steep drop below $130. The market cap increased 3.06% to $77.25 billion in the past 24 hours, signaling improving sentiment. Trading volume dropped 13.32% to $4.51 billion, reflecting lower immediate participation. Solana’s total supply stands at 603.72 million SOL, with 531.2 million circulating. The price chart shows a V-shaped recovery with tight consolidation around $145. Technical support now forms between $130 and $145 as Solana tests resistance toward $150. The derivatives surge, strong inflows, and price stability confirm Solana’s rising momentum in a shifting crypto market.