CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22.
The Chicago Mercantile Exchange (CME) plans to launch futures trading for XRP and Solana (SOL) on February 10, pending regulatory approval, according to a Jan. 22nd X post by Bloomberg ETF analyst James Seyffart. The information comes from a staging version of CME's official website, which hinted at the upcoming release.
The Chicago Mercantile Exchange (CME) is reportedly preparing to introduce futures contracts for Solana and XRP. There's a potential launch date of February 10, contingent on regulatory approval.
One of the Solana developers, focusing on the Firedance validator client, has moved on to build his own project and a new L1 chain.
Pantera Capital general partner and portfolio manager Cosmo Jiang joins CoinDesk to discuss their investment in Solana and the growth of the blockchain in the past year. Plus, recent movements across the crypto market and outlook on the convergence between AI and blockchain.
Solana rallied by 7% on Jan. 22, but a few data points suggest a move to SOL's all-time high could take longer than expected.
The potential launch of XRP and Solana futures on CME could enhance market liquidity and attract institutional investors, impacting crypto adoption. The post CME leak suggests XRP, Solana futures may debut on February 10 appeared first on Crypto Briefing.
According to the CME, 29.4 million crypto futures contracts were traded in 2024, valued at over $1.7 trillion in notional figures.
The CME's staging website indicated investors could soon access futures contracts for Solana and Ripple's XRP.
Brian Armstrong, Coinbase CEO, announced plans to enhance Solana (SOL) support to match Bitcoin and Ethereum. Following the resolution of transaction issues, Coinbase seeks to improve user experience amid Solana's rapid adoption in DeFi, NFTs, and gaming sectors. The post Coinbase CEO Says Solana Backlog Fixed, Plans Tier-1 Support for SOL appeared first on Cryptonews.
Solana's DEX volume ratio compared to Ethereum has reached an unprecedented 268% in January.
American financial services giant, CME Group is making moves to launch an XRP and Solana Futures Exchange Traded Fund (ETF) in the United States. According to circulating report, the CME Group has launched a dedicated page for these new products, highlighting the contract specifications.
In a now deleted "staging subdomain" page CME reported to have said futures contracts for XRP and SOL will go live on Feb. 10.
Chicago-based futures giant CME is launching XRP and SOL futures, pushing these tokens further into the mainstream.
Futures trading for XRP and SOL will go live on the CME on Feb. 10, pending regualrtoy approval, according to the CME Group's staging website.
Current market conditions might be cautious but it is still a bull market—simply zoom out. So far, Solana (SOL) and Ripple (XRP) have led in gains following the recent big leap. With further upswings on the cards, they are set to lead the bull run, making them altcoins to watch.
Solana Mobile, the offshoot of the Layer-1 network that designs Web3-based Android phones, has shared a new update regarding its next product release – the Seeker Mobile. As announced on X, it has released the design for the Seeker phone specs based on prospective user demand.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
Solana (SOL) registered notable gains as the broader crypto market flipped positive. SOL price hit highs above $260 with a double digit spike in 24 hours, with this coming amid bullish sentiment around crypto. There have been several potential positive drivers of the fresh momentum in the past 24 hours.
The TRUMP memecoin shattered records before Inauguration Day, eventually reaching a total market cap of more than $12 billion.
Coinbase's CEO Brian Armstrong said the exchange has cleared the backlog in Solana transaction delays over the past few days.
The backlog issue led to pending transaction times of up to 21 hours on the crypto exchange following President Donald Trump's memecoin launch.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
The global platform for digital payments Mercuryo reported a 77% increase in Solana (SOL) purchases between January 13 and 20, 2025. This increase is attributed to the intense activity on the Solana network, driven by the launch of the memecoins TRUMP and MELANIA, which have sparked significant interest in the cryptocurrency market.
Solana (SOL 8.35%) and Ethereum (ETH 0.12%) are two of the largest and most popular cryptocurrencies for casual investors and professionals alike. But there are big differences in the narratives surrounding each of these currencies.
Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
Popular Solana wallet Phantom has come under fire for its reaction to a potential vulnerability in its app. In a post on X, security researcher Cloakd accused Phantom of ignoring his message to alert them of a vulnerability in the wallet.
Transaction delays, canceled transfers and frustrated users — recent weeks have been challenging for Coinbase and its Solana (SOL) integration. Amid a surge in activity on the popular blockchain, the exchange has faced mounting criticism over its inability to keep up.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain's bnb gained under 1% in the past 24 hours, while Solana's SOL and XRP surged as much as 7%.
Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries.
USDC mints accelerated on Solana, sparking suggestions of a SOL rally. The mints reflected renewed demand for stablecoins to trade memes and lock in gains.
In an effort to uplift market sentiment, Coinbase CEO recently announced plans to offer ‘tier 1 support' to Solana following transaction glitches on the crypto trading platform. Notably, the exchange's CEO, Brian Armstrong, revealed that the transaction glitch on the network was fixed.
Solana price climbs to $253 amid Bitcoin's rally and Trump's swearing-in. Explore key support, resistance levels, and what's fueling SOL/USD.
Solana price has surged past $255 extending weekly gains to 35%, driven by heightened network activity from the launch of TRUMP and MELANIA meme coins.
What is Solana and why is it relevant today?
Ethereum, Solana, and Sui technical analysis: ETH eyes $25K, SOL targets $4.5K, and SUI aims for $10 as key bullish setups unfold.
A major options block trade betting on Solana reaching $400 by February coincides with bullish technical indicators and strong market structure, as SOL maintains positions above key support levels while challenging higher resistance zones.
Solana (SOL) has fallen 14% from its all-time high of $295.83, reached on January 19. Despite the decline, bullish sentiment remains strong as market participants ease up on profit-taking.
SOL and DOGE are the two top gainers from the larger-cap alts.
It's less than a month into the new year, and already a number of top altcoins are starting to pull away from market benchmark Bitcoin (BTC 2.30%). While Bitcoin is up 15% for the year, other cryptocurrencies are up 30%, 40%, and even 50%.
Crunch, a decentralized machine learning (ML) platform, has joined Cohort 2 of the Solana Incubator (SOL) program in New York, according to the reports shared with Finbold on January 22.
Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs).
Of the 4.5 million daily active users on Solana, 1.5 million were unique tippers, showcasing interest in token sniping on platforms like Meteora and Orca.
The recent memecoin 'hype' on Solana raises red flags for its future - Is its value fading?
Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching its all-time high at one point as the Trump administration completed its first day in office. Markets were choppy but stabilized after the United States Securities and Exchange Commission unveiled plans to overhaul rules and regulations for the sector.
The crypto business today has been posting greener numbers, with its market cap rising 3.49% to $3.64 trillion. However, the trading volumes stumbled by 37.40% to $196.58 billion. The Fear & Greed Index ticked up to a “Greed” score of 66, cautioning marketers of further moves.
Crypto analyst CobraVanguard has provided a bullish outlook for the Solana meme coin MYRO. The analyst has stated that the meme coin is primed for an explosive 300% price breakout and revealed how this could happen.