Future trading volumes for Bitcoin, Ethereum, and Solana are exhibiting varying trends, as indicated by recent analysis.
According to insights from an onchain and financial metrics platform, Bitcoin (BTC) futures volume suggests a potential recovery. In contrast, Ethereum (ETH) and Solana (SOL), which rank among the largest altcoins by market capitalization, show largely stable futures volumes.
BTC, ETH, and SOL Futures Volumes
In the trading landscape, analysts regard futures volumes as a crucial indicator of market health. This data also reflects trader behavior, which is vital for understanding possible market rebounds or ongoing downward pressure.
When futures volumes increase, it often signifies a change in liquidity and trader engagement.
Such changes frequently precede significant price fluctuations. Bitcoin has experienced these dynamics in the past, hinting at a possible recovery after the substantial selling pressure that saw its value dip below $100k.
The analysis shows that Bitcoin’s futures volume was around $60 billion at the start of 2025.
It reached a peak of $63 billion, marking a year-to-date high, but has since fallen to about $57 billion. Despite this decline and remaining below the $74 billion peak recorded in December 2024, Bitcoin’s current futures volumes are still approximately 32% higher than they were on February 23.
Looking at Ethereum’s futures volume, it reveals a somewhat lackluster market sentiment. Although the drop is not significant, the overall trend is downward.
The metric started the year at $32 billion, declining from a year-to-date high of $31 billion. Recent data indicates that the volume stands at $28 billion, down from its one-year peak of $37 billion.
Meanwhile, Solana’s futures volume climbed from $7 billion in January to a year-to-date high of $12.2 billion.
However, after hitting this February peak, Solana’s futures volumes have decreased to $8.7 billion. It is noted that the altcoin’s futures volumes have generally remained stable over the past year. Could SOL futures being launched on the Chicago Mercantile Exchange provide a boost to those volumes?
Implications of the Trends
These contrasting trends suggest a robust Bitcoin market, whereas Ethereum and Solana indicate a decline in institutional interest.
Earlier this week, analysts from Standard Chartered Bank reaffirmed their bullish stance on Bitcoin, predicting a surge to $500k by the end of the year. In contrast, their outlook for Ethereum is less favorable, estimating it will hover around $4,000 by December 2025.
This adjustment represents a significant reduction from their previous forecast of $10k for Ethereum.