📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, Solana (SOL) has attracted widespread attention in the financial market, with its futures trading volume showing significant growth. Data shows that in July of this year, the total futures trading volume of SOL on the Chicago Mercantile Exchange (CME) reached $8.1 billion, a substantial increase of 252% compared to $2.3 billion in June, setting a record high since the product was launched.
The significant growth behind this may be primarily driven by the active participation of institutional investors. The market has observed that the CME futures trading volume of SOL once surged to 1.75 million contracts, setting a new historical high, reflecting that institutional investors are rapidly entering this market. Meanwhile, open interest also reached a peak of $1.19 billion, and this positive holding strategy, combined with discussions about ETFs in the market, indicates that the recognition of Solana in the traditional financial sector is continuously improving.
It is worth noting that the development of the Solana network itself has had a positive impact on its futures trading. In 2025, the trading volume of Solana's decentralized exchange (DEX) has surpassed the $1 trillion mark, exceeding the total trading volume for the entire year of 2024. This data reflects the significant recovery of actual usage within the Solana ecosystem, attracting more experienced traders to re-engage, which in turn has driven the growth of futures trading volume.
The increase in Solana futures trading volume not only reflects investors' confidence in it but also highlights the dynamic changes in the entire cryptocurrency market. With the continued participation of institutional investors and the ongoing improvement of underlying technology, Solana's position in the future financial market may further consolidate. However, investors still need to be cautious when participating in related trades, fully recognizing the high-risk characteristics of the cryptocurrency market.