CME Group Announces Solana Futures Launch Date
Date: 2025-03-03 Author: Gabriel Deangelo Categories: BUSINESS
The Chicago Mercantile Exchange (CME Group) has officially announced plans to launch Solana futures contracts. They will be presented in two formats: micro contracts of 25 SOL and standard contracts of 500 SOL. The basis of these futures is the Solana-Dollar Reference Rate, which reflects the average daily price of SOL in US dollars.
CME Group Head of Cryptocurrency Products Giovanni Viscioso emphasized that Solana continues to strengthen its reputation as a popular platform among investors and developers. According to him, the new futures instruments will allow for more efficient risk and capital management, which will increase the attractiveness of SOL among institutional players.
CME Group noted that Solana futures will complement the company's existing range of cryptocurrency derivatives, which includes contracts for Bitcoin and Ethereum. This move highlights the growing interest in alternative digital assets and the expansion of opportunities for institutional investors.
Meanwhile, the developers of the popular crypto wallet MetaMask have updated their strategy for 2025. The new roadmap includes support for Bitcoin, as well as tokens and decentralized applications based on the Solana ecosystem. This move could further strengthen Solana's position in the crypto industry, making it more accessible to users.
