Futures listed on the CME are tied to and Solana Saw record open interest Monday in a sign of consistent demand for regulated products.
The Global Derivatives Giant saw a record 9,900 XRP and Micro XRP Active Contracts Monday, along with 15,600 open positions in standard and micro sol futures. Taken together, these contracts equal a notional open interest of $3 billion.
This milestone reflects the increasing adoption of regulated futures as a preferred venue for investors looking for exposure to digital assets, manage risks, and capitalize on the growing crypto market, as Tim McCourt, the global head of Equity & FX products, said at the Token2049 conference in Dubai.
Solana’s standard Futures contract, which measures 500 SOL, went live in March and crossed the $1 billion notional open interest mark in August. Futures tied to XRP-focused stocks crossed the threshold in August, just three months after their debut.
