XRP And Solana Set New $3 Billion All-Time High As Interest Explodes
The open curiosity in XRP and Solana (SOL) futures and choices has reached a file $3 billion on the Chicago Mercantile Exchange (CME). According to the CME information, this outstanding milestone was reached throughout Monday’s session, which noticed each XRP and Solana attain their highest stage of participation.
Both cryptocurrencies have gained traction among institutional investors, who are actually treating XRP and Solana as severe options to Bitcoin and Ethereum within the derivatives market.
CME’s Record $3 Billion Milestone
Data from CME Group reveals that open curiosity in XRP and Solana futures has climbed to about $3 billion in complete worth. The determine captures the entire capital tied up in lively contracts, serving as top-of-the-line indicators of investor exercise and confidence.
CME information exhibits that round 9,900 XRP contracts and 17,400 Solana futures contracts had been opened throughout this surge of high exercise, together with each commonplace and micro variations.
This achievement comes lower than a yr after CME launched these merchandise. Solana futures launched in March 2025 and rapidly rose to prominence, adopted by XRP futures in May. Both have now joined the ranks of the trade’s most traded crypto derivatives, competing immediately with Bitcoin and Ethereum futures.
This file milestone is a part of a rising curiosity in its digital forex devices. Tim McCourt, Global Head of Equities, FX, and Alternative Products at CME, famous that the trade has witnessed intense shopper demand for nonstop buying and selling. In response, the CME Group had revealed plans to make cryptocurrency futures and choices accessible for buying and selling 24 hours a day, seven days every week, ranging from early 2026, though pending approval.
The improve in open curiosity highlights how XRP and Solana now dominate the altcoin derivatives scene on CME. Solana futures surpassed $1 billion in open curiosity by August 2025, simply 5 months after their launch, whereas XRP futures achieved the identical inside three months. Recent data shows that XRP futures on the CME reached a notional quantity of $26.9 billion in October and over 567,000 contracts traded inside six months of buying and selling.
Institutional Interest In XRP And Solana
The file in open curiosity follows CME’s introduction of choices on XRP and Solana futures to expand its cryptocurrency derivatives portfolio past Bitcoin and Ethereum. This enlargement permits merchants to entry choices on SOL, Micro-SOL, XRP, and Micro-XRP futures, every providing every day, month-to-month, and quarterly expirations to fulfill completely different buying and selling methods.
The enlargement additionally factors to the rising sophistication of institutional participation in Solana and XRP derivatives. The first XRP choices commerce was executed on October 12 between Wintermute and Superstate. The first commerce for choices on SOL futures was executed on Monday, October 13, between Cumberland DRW and Galaxy.
