Overview
- CME open interest for SOL hit an all-time high of $2.16 billion as the token rebounded about 23% to roughly $235, with the annualized basis at 16.37% versus 35% in July.
- Regulated Solana ETPs surpassed $500 million in assets, led by REXShares’ SSK above $400 million and Bitwise’s BSOL above $100 million.
- Retail open interest on centralized exchanges remains subdued with near‑neutral funding after $307 million in September 22 liquidations that wiped out about $250 million in longs.
- Positioning is building into the SEC’s October 10 ETF decision, with analysts watching $218–$210 as a constructive pullback zone and $245–$250 as a potential breakout trigger toward prior highs.
- CME says 24/7 SOL futures and options trading begins October 13, with full around‑the‑clock availability expected to expand in early 2026.