CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22.
The Chicago Mercantile Exchange (CME) plans to launch futures trading for XRP and Solana (SOL) on February 10, pending regulatory approval, according to a Jan. 22nd X post by Bloomberg ETF analyst James Seyffart. The information comes from a staging version of CME's official website, which hinted at the upcoming release.
The Chicago Mercantile Exchange (CME) is reportedly preparing to introduce futures contracts for Solana and XRP. There's a potential launch date of February 10, contingent on regulatory approval.
One of the Solana developers, focusing on the Firedance validator client, has moved on to build his own project and a new L1 chain.
Pantera Capital general partner and portfolio manager Cosmo Jiang joins CoinDesk to discuss their investment in Solana and the growth of the blockchain in the past year. Plus, recent movements across the crypto market and outlook on the convergence between AI and blockchain.
Ripple's XRP has been experiencing increased activity among its largest investors, with whale deposits surging on Binance. As the broader crypto market faces uncertainty, all eyes are on whether these key holders are preparing to cash out or stay in for further gains.
Pro-XRP attorney John Deaton recently outlined his vision for critical crypto policies that the White House Crypto Council should prioritize under President Donald Trump's administration. Deaton emphasized several key areas, including repealing SAB 121, establishing a strategic Bitcoin reserve (SBR), and reforming crypto tax policies.
Solana rallied by 7% on Jan. 22, but a few data points suggest a move to SOL's all-time high could take longer than expected.
The potential launch of XRP and Solana futures on CME could enhance market liquidity and attract institutional investors, impacting crypto adoption. The post CME leak suggests XRP, Solana futures may debut on February 10 appeared first on Crypto Briefing.
According to the CME, 29.4 million crypto futures contracts were traded in 2024, valued at over $1.7 trillion in notional figures.
The CME's staging website indicated investors could soon access futures contracts for Solana and Ripple's XRP.
SOL also benefited from the same development.
Brian Armstrong, Coinbase CEO, announced plans to enhance Solana (SOL) support to match Bitcoin and Ethereum. Following the resolution of transaction issues, Coinbase seeks to improve user experience amid Solana's rapid adoption in DeFi, NFTs, and gaming sectors. The post Coinbase CEO Says Solana Backlog Fixed, Plans Tier-1 Support for SOL appeared first on Cryptonews.
XRP price has surged 17% in the last seven days and over 3% in the past 24 hours, reflecting strong recent performance. As the third-largest cryptocurrency behind Bitcoin (BTC) and Ethereum (ETH), XRP boasts a market capitalization nearing $185 billion.
Solana's DEX volume ratio compared to Ethereum has reached an unprecedented 268% in January.
For the past few days, XRP, the native token of Ripple Labs, has been struggling to gain momentum, and data suggests it is likely to continue struggling in the coming days. This negative speculation is based on the recent activity of investors and long-term holders amid ongoing market uncertainty.
Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.
American financial services giant, CME Group is making moves to launch an XRP and Solana Futures Exchange Traded Fund (ETF) in the United States. According to circulating report, the CME Group has launched a dedicated page for these new products, highlighting the contract specifications.
In a now deleted "staging subdomain" page CME reported to have said futures contracts for XRP and SOL will go live on Feb. 10.
Chicago-based futures giant CME is launching XRP and SOL futures, pushing these tokens further into the mainstream.
Futures trading for XRP and SOL will go live on the CME on Feb. 10, pending regualrtoy approval, according to the CME Group's staging website.
Solana Mobile, the offshoot of the Layer-1 network that designs Web3-based Android phones, has shared a new update regarding its next product release – the Seeker Mobile. As announced on X, it has released the design for the Seeker phone specs based on prospective user demand.
Rumors of the US Treasury's alleged foray onto the XRP Ledger (XRPL) have been circulating, sparking buzz across the digital asset community. On January 21, several community accounts on X claimed that an address linked to “home.treasury.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
On January 21, Solana apps accounted for 73.3% of all crypto app earnings within the day, significantly outpacing networks like Binance Smart Chain (BNB) and Ethereum. The blockchain's app revenues have been recording highs since the second half of 2024.
Crypto analyst Mikybull Crypto provided a bullish outlook for the XRP price, predicting that Ripple's native token could rally to as high as $8 in this market cycle. The analyst also suggested that XRP could rally higher with this price target unlikely to be the top for the crypto in this bull run.
Ripple's digital asset XRP is being increasingly recognized as a game-changing solution for the global financial industry. According to business consultant Jake Claver, XRP has the potential to unlock over $27 trillion in idle capital currently tied up in banks worldwide due to inefficiencies in cross-border payments.
After XRP reclaimed the $3 spot, a cryptocurrency trading analyst is projecting that the asset has the potential to rally to a new high of $8.
Solana (SOL) registered notable gains as the broader crypto market flipped positive. SOL price hit highs above $260 with a double digit spike in 24 hours, with this coming amid bullish sentiment around crypto. There have been several potential positive drivers of the fresh momentum in the past 24 hours.
Morgan Creek Capital CEO Mark Yusko has made a rare bullish statement regarding Ripple's cross-border payments cryptocurrency XRP.
The TRUMP memecoin shattered records before Inauguration Day, eventually reaching a total market cap of more than $12 billion.
XRP has been on a tremendous rally over the past few months, with significant gains that have caught the attention of crypto enthusiasts and investors alike. Yet, despite these gains, renowned crypto YouTuber and analyst DustyBC believes that XRP remains undervalued and still “cheap” when priced below $5.fspar
Coinbase's CEO Brian Armstrong said the exchange has cleared the backlog in Solana transaction delays over the past few days.
XRP's rise signals potential for increased market volatility, urging investors to adopt flexible strategies for sustained portfolio growth. The post As XRP continues its upward journey investors begin expecting more consistent price action appeared first on Crypto Briefing.
There have been some unusual trading patterns in XRP perpetual futures lately. According to liquidation data, there is a big 3,750% difference between long and short positions.
The backlog issue led to pending transaction times of up to 21 hours on the crypto exchange following President Donald Trump's memecoin launch.
Yoshitaka Kitao, the representative director, president and CEO of SBI Holdings, Inc (a major Ripple partner in Japan), has taken to his account on the X platform (formerly widely known as Twitter) to attract the attention of the crypto community to an important approaching event – XRP Community Day 2025.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
As the US SEC gears up for its first meeting under acting chair Mark Uyeda, there are growing speculations in the crypto community about an imminent Ripple SEC case settlement.
Website: https://elluminex.com Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex
The crypto community is rife with speculation about an imminent Ripple SEC case settlement as the US Securities and Exchange Commission (SEC) prepares for its first meeting under acting chair Mark Uyeda. However, ex-Securities lawyer Marc Fagel debunked rumors of the settlement.
The global platform for digital payments Mercuryo reported a 77% increase in Solana (SOL) purchases between January 13 and 20, 2025. This increase is attributed to the intense activity on the Solana network, driven by the launch of the memecoins TRUMP and MELANIA, which have sparked significant interest in the cryptocurrency market.
This analysis examines the 4-hour charts of ADA and XRP, focusing on Elliott Wave structures, Fibonacci levels, and potential scenarios. Key resistance and support levels are emphasized for future price movement predictions.
Solana (SOL 8.35%) and Ethereum (ETH 0.12%) are two of the largest and most popular cryptocurrencies for casual investors and professionals alike. But there are big differences in the narratives surrounding each of these currencies.
XRP is still making notable progress as the broader market begins a mild bullish recovery. Its price performance has remained positive since at least early November 2024.
Crypto enthusiasts are full of anticipation as XRP price eyes a monumental surge to $15, spurred by Ripple's legal wins and a rare technical buy signal. While this news has reignited investor interest in XRP, another crypto contender, PropiChain, is quietly building momentum.
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