XRP And Solana Futures Reach $3 Billion Open Interest Milestone

The open interest in XRP and Solana (SOL) futures and options on the Chicago Mercantile Exchange (CME) has reached a record $3 billion. This milestone was achieved during Monday’s session, highlighting increased participation from institutional investors.

CME’s Record $3 Billion Milestone

Open interest for XRP and Solana futures climbed to about $3 billion.
Approximately 9,900 XRP contracts and 17,400 Solana futures contracts were opened.
Solana futures launched in March 2025, followed by XRP in May. Both have become prominent in CME's crypto derivatives market.
CME plans to offer 24/7 trading for cryptocurrency futures and options starting early 2026, pending approval.

XRP and Solana now lead the altcoin derivatives market on CME. Solana futures exceeded $1 billion in open interest by August 2025, while XRP reached this in three months.

Institutional Interest In XRP And Solana

CME introduced options on XRP and Solana futures, expanding its offerings beyond Bitcoin and Ethereum.
The first XRP options trade occurred on October 12, and the first SOL options trade on October 13.

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