Demand for the CME Solana futures product could indicate future investor appetite for an ETF tracking the altcoin.
Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum's (ETH) CME futures debut. CME Crypto futures comparison by Vetle Lunde.
Despite the rampant speculation of an upcoming outcome, the case remains ongoing and continues to cast uncertainty.
Solana, the rising star of cryptocurrencies, dances with the giants of the CME. Its futures contracts sow the hope for an ETF, but the SEC plays the cautious divas.
Traders seek a rebound, but negativity and external factors may stall it.
The entire crypto industry has had a recent few weeks of ugly price action and downtrend, a trend which has been reflected in crypto investment funds. Notably, digital asset funds have witnessed their worst outflow streak on record, as noted by the latest CoinShares weekly report on digital asset invesment funds.
XRP has recently experienced a brief recovery, but the cryptocurrency is facing significant challenges.
Solana (SOL) has gone down 3.4% in the past 24 hours as last week's selling spree seems to be resuming.
Solana generates a lot more fees with a much smaller market cap than Ethereum, Samani argued.
Positive news has energised the cryptocurrency market, especially Cardano and XRP. Shockwaves across the sector were created when US President Donald Trump announced on March 3, 2025, that he would establish a strategic crypto reserve for his country.
After nearly nine hours of mounting criticism, Solana pulled an ad that featured a therapy session ridiculing pronoun discussions, sparking debate over its messaging.
Solana (SOL) failed to restore optimistic momentum as it traded below the crucial $200 resistance for another week. Over the past seven days, its highest price reached $178.50 on March 2, 2025, before facing strong rejection.
The Solana futures launched by Chicago-based CME Group on Monday had a seemingly underwhelming debut with only $12.3 in trading volume.
TL;DR Nasdaq filed with the SEC to list a Polkadot ETF in the U.S. on behalf of 21Shares, tracking the spot price of DOT in the market. 21Shares already offers a Polkadot ETP in Europe and seeks approval for new crypto funds, including XRP and Solana.
XRP remains one of the most interesting and eye-catching options on the alternative cryptocurrency market. Not even a 500% increase in USD valuation in recent months or rumors of an XRP ETF make it one of the main market attractions, but rather how the altcoin continues to behave against the crypto market leader, Bitcoin (BTC).
Future trading volume for Bitcoin, Ethereum and Solana are showing diverging trends, according to Glassnode. Per Glassnode, an onchain and financial metrics platform, Bitcoin (BTC) futures volume is suggesting a rebound.
Cardano (ADA) has experienced significant market activity, with $728 million in open interest within the past 24 hours, according to data from CoinGlass.
TRON's founder Justin Sun hinted at moving TRX to Solana, without explicitly stating a method for the new version of the token. Immediately, memes spoofing the TRX ticker and logo appeared, ending up in rug pulls.
Swiss-based Zuger Kantonalbank has expanded its crypto portfolio to include Cardano and Avalanche, alongside Bitcoin and Ethereum. This expansion, powered by Sygnum, aligns with MiCA regulations and rising global adoption, allowing customers to securely trade and invest in digital assets through the bank's e-banking platform. The post Swiss Zuger Kantonalbank Adds Cardano and Avalanche to its Crypto Offering appeared first on Cryptonews.
The K33 analysts expect a softer impact on the underlying price of SOL from any potential Solana ETF launch.
XRP price has formed a highly bearish chart pattern and is at risk of having a strong bearish breakdown, which could see it hit $1 in the near term. On top of this, a popular crypto analyst has warned that the Bitcoin bull cycle has ended, which could hurt altcoins like Ripple.
XRP, the fourth largest cryptocurrency by market capitalization, is trading in the red amid mixed trading action on the broader crypto market.
This unexpected move could shake up the crypto world. Two major blockchain ecosystems are joining forces in a way that few saw coming.
The battle for crypto custody is intensifying. Ripple Labs, a key player in cross-border payments with XRP, takes a new step by filing the trademark "Ripple Custody.
Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below the crucial $2 support level. The analyst also revealed the next major support if XRP drops below this support level.
Tron founder Justin Sun has revealed an upcoming collaboration to make TRX available on Solana. Despite the scarce details, the proposed integration will likely benefit both networks with enhanced cross-chain communications. Meanwhile, the collaboration means lucrative opportunities for Tron enthusiasts due to Solana's efficiency and high throughput.
XRP has plunged from a high of $2.33 to find support at $2.25 as the altcoin experienced volatility in line with the broader cryptocurrency market. This cooling down has triggered a massive liquidation among traders that bet long on XRP.
Cardano has fallen by 3% in the past 24 hours, yet major crypto analysts are predicting that it's close to staging a huge breakout. The post Is Cardano About to Shoot Up? Analyst Says a Major ADA Surge Is Near appeared first on Cryptonews.
TRON founder Justin Sun has teased a possible integration of TRX within the Solana ecosystem. Sun stated in a March 18 post on X that TRX would soon be available on Solana while encouraging users to prepare for collaboration.
Charles Hoskinson, mathematician and billionaire, and the creator of the Cardano blockchain, has published a tweet to respond to a recent claim about Cardano being heavily centralized and controlled by just a few entities.
Cardano (ADA) price has shown signs of a potential surge as whales have been actively accumulating large amounts of ADA. With a total of 40 million ADA purchased, many are watching closely for signs of a breakout.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
The Solana Foundation pulled an ad on Monday after widespread backlash over its perceived anti-queer messaging. The now-deleted ad, meant to promote Solanas first U.S. conference, depicted America in therapy, struggling to focus on innovation while being pushed to prioritize pronouns and gender identity.
Here's how CME Futures impacted ETF approval odds and key levels to track.
Ripple has been trading within a tight range between the 100-day moving average and the crucial $1.9 support level. Further consolidation within this range is expected until a decisive breakout occurs, determining the next major price movement.
Banks and other global financial organizations are becoming more interested in XRP, the cryptocurrency and digital payment system. However, the price of the altcoin has not changed, leaving many investors and analysts perplexed.
In a recent development, the Solana Foundation received criticism for a controversial advertisement that reportedly featured gender identity themes. The promotional ad, which racked up over 1.2 million views, was removed after a nearly nine-hour run.
JitoSOL is not a security, the protocol claimed in a new research paper.
Significant price swings in XRP over the past few days have attracted a lot of attention from analysts and traders. On-chain data indicates that the volume of payments has soared even though the cryptocurrency has seen a sharp increase in transactions despite remaining in a downward channel.
Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.
Pro-XRP lawyer John E. Deaton delivered a scathing critique of the Securities and Exchange Commission's (SEC's) legal team on March 17, alleging a pattern of unethical conduct and behavior that extends far beyond a single enforcement action.
XRP price has dropped significantly but a potential case withdrawal by the SEC is building a bullish undertone that could trigger an upsurge.
The TRX-Solana integration could enhance blockchain interoperability, reduce costs, and accelerate zero-fee transactions, boosting network utility. The post Justin Sun hints at TRX integration with Solana appeared first on Crypto Briefing.
Ripple Labs introduced a trademark for “Ripple Custody”, suggesting a possible entry into the custody sector for the American fintech firm.
XRP has managed to carve out a dominant position in a high-demand niche for itself. In spite of that success, the longstanding lawsuit between Ripple and the Securities and Exchange Commission (SEC) has been a stone around the cryptocurrency's neck.
The inclusion of Solana in the “strategic cryptocurrency reserve” announced by Donald Trump and the launch of SOL futures by CME Group reflect growing institutional interest in the cryptocurrency. The MACD continues to show resistance to recovery, while the RSI (40.73) remains in neutral territory with a bearish tilt.
Cryptocurrency analysts predict XRP could reach between $13 and $333 in future market cycles despite current volatility and trading around $2.34.