Solana CME Futures oi will record $21.6 billion as the agency accumulates ahead of the SEC ETF ruling. Solana ETPS surpasses the $500 million AUM led by Rexshares SSK and Bitwise BSOL staking products. Sol Price Outlook: Pullback to $210 is considered healthy, but the $250 breakout eye is $290.
Solana (Sol) Futures has entered a critical stage as institutional interests gain momentum. The Chicago Mercantile Exchange (CME) reached an all-time high of $2.16 billion.
This occurred as Sol’s price rebounded 23% from $195 to $235, signaling new optimism in its October 10th decision on the Solana ETF.
Institutions drive futures
The CME’s surge in open profits coincided with Solana finding a local bottom. This is the timing that suggests that institutions are actively positioning ahead of the development of key regulations.
Currently, CME’s annual base is 16.37%, down from its peak in July 35%. This shows a constructive yet unheated futures market.
In contrast, retail-led open interest in centralized exchange is relatively flat, with funding rates hovering near neutral.
The cautious attitude of retailers reflects the prolonged impact of the $307 million liquidation on September 22nd.
This difference between institutional convictions and retail hesitations contributes to a more balanced market dynamic.
Market analysts are noting that current setups reduce the risk of over-layer volatility.
While the agency appears to have accumulated after convictions, the lack of retail chase helps prevent speculative overload.
This will measure bullishness and create a background that is prone to sharp drawdowns.
Expanding institutional adoption through ETPS
In addition to futures activities, institutional demand for Solana is being strengthened by the inflow of regulated investment products.
This week, Solana Exchange-Traded products (ETP) surpassed their $500 million assets (AUM) under management.
The flow is led by Rexshares’ Solana Staking ETF (SSK). This is currently over $400 million in AUM.
The Bitise Solana Staking ETP (BSOL) also exceeded $100 million.
Both products have grown rapidly since their launch, highlighting the increased appetite of regulated vehicles offering Solana exposure.
The milestone highlights how Solana is gaining traction among institutional investors, not just through derivatives but also through asset management channels.
As speculation increases around potential US registered Solana ETFs, these developments show increased confidence in the long-term adoption of Altcoin.
Price outlook: Balanced but tough
Solana’s short-term price trajectory depends on whether retailers re-enter the market.
On the downside, analysts note that the recession from $218 to $210 remains consistent with the bullish structure.
Such a pullback matches the fair value gap (FVG) of the 4-hour chart and retests the 200th Exponential Moving Average (EMA).
The liquidation heatmap also identifies liquidity clusters of over $200 million between $220 and $200, so this zone is a potential short-term price magnet.
Modifications to this range help establish a higher and lower value while washing away slower entrants.
Conversely, moves over $245-250 show updated strength and can drive Sol to an all-time high of nearly $290.
Given the institutional flow and background to ETF speculation, this scenario is weight gained.
For now, Solana futures reflect a market that moves from fear to careful accumulation.
The agency is fixed in trends, suggesting that an increase in presence in both the future and the ETP is likely to be shallower than breaking the trend, even if revisions occur.
