- According to the weekly statistics, positive derivative Momentum Bitcoin drove strong progress, while ETH regained the $ 3K mark.
- Although he continued to expand steadily, the sun released other layers 1 blockchains, with a week return of 9% as opposed to double-digit growth for SUI and ETH.
The latest Crypto Derivatives Analytics Report with Block Scholes provided by VillageThe second largest cryptocurrency exchange in the world based on trade volume. According to the weekly statistics, positive derivative Momentum Bitcoin pushed strong progress, while ETH regained $ 3K mark for the first time since February 2025. Perpetual Futures open interest rate on village bit reached the highest of almost $ 13 billion, significantly exceeding June.
Important takeaways:
BTC gets momentum: Last week BTC showed remarkable strength, turned its trend in alternatives and rising sharply to a maximum time of $ 123K. The increase was driven by very active derivative markets, which were characterized by call alternatives and constantly favorable financing levels. After topping 41%, short-term Bitcoin-implied volatility dropped when traders took winnings and dropped Cryptocurrency down to $ 118,000 from its usual range of 25-35%.
Despite strong institutional support, SOL is behind other L1s:
Although he continued to expand steadily, the sun released other layers 1 blockchains, with a week return of 9% as opposed to double-digit growth for SUI and ETH. This also applies to encouraging institutional adoption indicators, such as institutional purchasing and purchasing. Since its inception on July 2, Rex-Osprey Sol-Staking ETF has consistently attracted inflows, with just one day of withdrawals.
Another 153,225 Solana -tokens were acquired by Development Corp. (DFDV) On July 10, 2025, which increased the total number of sun tokens it had to 846 630 sun. The business also said that it intends to keep a sun for each share of DFDV when the year 2028 ends.
Compared to the previous week, the levels of direct volatility have decreased, which can be attributed to the rear end of the term structure.
There is a wide range of implied volatility for sun options, from 65% to 69% over tenors in seven, fourteen and thirty days. Unlike Bitcoin and Ethereum, whose actual volatility is equal to or greater than the volatility premium proposed by 30-day alternatives, the delivered volatility for the sun continues to be four percentage points lower than the implied volatility for 30-day sun options.
ETH on a winning line:
Source: Block Scholes and Bybit
