{"id":45862,"date":"2025-01-22T21:35:49","date_gmt":"2025-01-22T21:35:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-solana-surge-amid-reports-of-cme-futures-contracts\/"},"modified":"2025-01-22T21:35:49","modified_gmt":"2025-01-22T21:35:49","slug":"xrp-solana-surge-amid-reports-of-cme-futures-contracts","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-solana-surge-amid-reports-of-cme-futures-contracts\/","title":{"rendered":"XRP, Solana surge amid reports of CME futures contracts"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">XRP and Solana prices rose as the market reacted to reports the CME planned XRP and SOL futures contracts.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Both altcoins traded to above key levels, with XRP above $3.26 and SOL above $269.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The prices of XRP and Solana rose slightly on Wednesday following news that institution-focused trading platform Chicago Mercantile Exchange will be listing XRP and SOL futures contracts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP had jumped 3% to above $3.26 and Solana\u2019s SOL surged by more than 6% to hit highs of $2.70 as at the time of writing. The altcoins were likely trading higher as investors reacted to news that the CME would be adding both XRP futures and SOL futures contracts on February 10, 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, the official CME website had not published the details of the said futures contracts. Bloomberg ETF analyst James Seyffart <a href=\"https:\/\/x.com\/JSeyff\/status\/1882154205202567623\" target=\"_blank\" rel=\"noopener\">shared this<\/a> via X.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Assuming &quot;beta.cmegroup&quot; is actually a beta\/test version of the actual CMEGroup website &#8212; looks like CME is expecting to launch SOL &amp; XRP futures on Feb 10. But this isn&#39;t available on the actual website yet. <\/p>\n<p>Honestly makes sense and largely to be expected if true IMO <a href=\"https:\/\/t.co\/lfMGd8X9KE\">https:\/\/t.co\/lfMGd8X9KE<\/a><\/p>\n<p>&mdash; James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1882154205202567623?ref_src=twsrc%5Etfw\">January 22, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Bloomberg senior ETF analyst Eric Balchunas also shared a post on X noting CME\u2019s plans to launch he futures products.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the analyst, the platform\u2019s futures products await regulatory approval. Meanwhile, the move could see a Solana futures exchange-traded fund hit the market \u201cas early as mid-March.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, with spot ETFs for the asset likely coming soon amid the shift in regulatory approach under new SEC leadership, it\u2019s a matter of waiting to see how demand plays out down the road.<\/span><\/p>\n<p>\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/xrp-solana-surge-amid-reports-of-cme-futures-contracts\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) XRP and Solana prices rose as the market reacted to reports the CME planned XRP and SOL futures contracts. Both altcoins traded to above key levels, with XRP above $3.26 and SOL above $269. The prices of XRP and Solana rose [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":45863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45862"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45862"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45863"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}