How Solana and XRP Futures Became CME’s Fastest Growing Crypto Products► https://t.co/hh1vp45fkE https://t.co/hh1vp45fkE ...

Bitcoin and Ethereum walked, so Solana and XRP could run, according to Giovanni Vicioso, CME Group’s global head of cryptocurrency products. The world’s leading derivatives marketplace began offering futures contracts for the smaller cryptocurrencies earlier this year, and they’re getting a boost from infrastructure and liquidity that wasn’t there before, Vicioso told Decrypt on Wednesday. “These products, hands down, have been our fastest growing,” he said. “Solana and XRP had an ‘accelerating advantage,’ ...

Options on Solana and XRP Futures Begin Trading on CME► https://t.co/BZljLhU2j7 https://t.co/BZljLhU2j7 ...

SINGAPORE – Institutional investors are quickly embracing CME’s futures for XRP (XRP) and solana (SOL), both launched earlier this year, alongside steady growth in bitcoin (BTC) and ether (ETH) derivatives, according to Tim McCourt, the exchange’s Global Head of Equity & FX Products. Speaking at the ongoing Token2049 conference attended by CoinDesk, McCourt stated that total crypto futures open interest, a key indicator of institutional activity, has doubled year-over-year, now reaching $30 to $35 billion ...

Market Expansion - CME Group will launch options on Solana and XRP futures on October 13, pending regulatory approval [1] - The move expands CME's crypto suite beyond Bitcoin and Ether, offering institutions and active traders more tools [1] - The contracts will be available in both standard and micro sizes, with daily, monthly, and quarterly expiries [1] Contract Performance - Since March, over 540,000 Solana futures contracts worth $223 billion have traded [2] - XRP futures, introduced in May, have seen 370,000 contracts worth $162 billion [3] - In August, Solana futures averaged $437 million in daily notional volume, and XRP futures averaged $385 million [3] Industry Perspective - CME's additions respond to "significant growth and increasing liquidity" in Solana and XRP markets [3] - Partners including Cumberland and FalconX backed the move, pointing to growing institutional demand for regulated exposure beyond Bitcoin and Ether [3] - CME is positioning itself at the center of the next phase of digital asset trading, following the growth in demand for regulated Bitcoin and Ether futures since 2017 and 2021 respectively [4]

Core Insights - CME Group plans to launch options on Solana (SOL) and XRP futures on October 13, 2025, pending regulatory review [1] - The new options will allow trading on SOL, Micro SOL, XRP, and Micro XRP futures with expiries available daily, monthly, and quarterly [1] Group 1: Product Launch and Market Demand - The launch of options contracts is a response to significant growth and increasing liquidity in Solana and XRP futures [2] - These contracts will cater to a wide range of market participants, from institutions to sophisticated individual traders, providing additional choice and flexibility [2] - The demand for institutional hedging tools for Solana and XRP has increased due to the rise of digital asset treasuries [2] Group 2: Trading Highlights - Since their launch, over 540,000 Solana futures contracts have traded, amounting to $22.3 billion in notional value [5] - In August 2025, Solana futures recorded an average daily volume (ADV) of 9,000 contracts ($437.4 million) and an average daily open interest (ADOI) of 12,500 contracts ($895 million) [5] - More than 370,000 XRP futures contracts have traded since launch, totaling $16.2 billion in notional value [5] - XRP futures achieved a record ADV of 6,600 contracts ($385 million) and a record ADOI of 9,300 contracts ($942 million) in August 2025 [5]

Market Trends & Institutional Adoption - XRP futures market on CME reached a record $235 million in daily volume, indicating growing institutional demand for regulated crypto exposure [1] - CME's XRP futures have seen $16 billion (160 亿) in cumulative trading since launching in May [1] Ripple's Expansion & Tokenization Initiatives - Ripple is expanding its global presence in the UAE, partnering with Ctrl Alt and the Dubai Land Department [1] - The partnership aims to tokenize Dubai real estate on the XRP Ledger [1] - This enables secure, scalable custody of tokenized property title deeds [2] - Tokenization paves the way for fractional ownership, transparency, and 24/7 global access to Dubai's property market [2]

Core Insights - The launch of CME Group's XRP Futures has generated renewed interest in the crypto market, particularly around XRP and the decentralized exchange XenDex, which is set to end its presale in 5 days [1][3]. Group 1: XenDex Overview - XenDex is the first all-in-one decentralized exchange (DEX) built on the XRP Ledger, designed for both beginners and professional traders, offering a seamless interface with low transaction fees [5]. - The presale for $XDX has filled its soft cap and is nearing its hard cap, indicating strong demand before the token is listed on major exchanges [3][13]. Group 2: Features and Benefits - XenDex aims to address the lack of native DeFi solutions on the XRP Ledger by providing features such as lending and borrowing, AI copy trading, cross-chain trading, DAO governance, and staking rewards [8][10]. - Holding $XDX provides various benefits, including trading fee discounts, early access to launches, and voting rights for platform proposals [8]. Group 3: Market Position and Legitimacy - $XDX will be listed on multiple exchanges including Binance, Gate.io, and BitMart, ensuring high liquidity and global reach for investors [9]. - The project is backed by a skilled team with experience in other blockchain platforms and is undergoing smart contract audits, enhancing its credibility [10].