Record High for XRP and SOL Futures! You Won’t Believe What Happened Next

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Markets

What you simply must know:

  • The futures contracts for XRP and Solana on the CME have reached open interest levels that are simply unprecedented. Clearly, regulated crypto products are all the rage now.
  • The notional open interest for these contracts has soared to a jaw-dropping $3 billion. Apparently, people are really interested in these little digital assets.
  • Solana futures, which launched just this March, crossed the $1 billion mark in open interest by August. XRP futures hit that same milestone in a mere three months. That’s a rather fast-paced romance for futures, wouldn’t you say?

The CME-listed futures for both XRP and Solana hit record levels of open interest on Monday, a sign that the world simply cannot get enough of these “regulated” crypto products.

The global derivatives giant witnessed a record 9,900 XRP and micro XRP active contracts on Monday, along with a staggering 15,600 open positions in both standard and micro Solana futures. Altogether, these contracts amounted to an impressive notional open interest of $3 billion. I suppose that’s one way to make a statement.

This milestone is a clear indicator of how regulated futures are increasingly becoming the preferred platform for investors looking to dip their toes in digital assets, manage risk, and perhaps make a few coin-flipping profits in the ever-expanding crypto market. Tim McCourt, the exchange’s Global Head of Equity & FX Products, mentioned as much at the Token2049 conference in Dubai. It’s almost as if he knew this was coming, huh?

Let’s not forget that the Solana futures contract, sized at a cool 500 SOL, went live in March and reached $1 billion in open interest by August. As for XRP, well, it crossed that milestone in August, just three months after launching. Talk about a speed record – they must have some serious crypto-fuel powering these assets.

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2025-10-29 09:56