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XRP and SOL Futures Open Interest on CME Hits Record High

XRP and SOL Futures Open Interest on CME Hits Record High

The CME-listed futures tied to XRP$2.6288 and Solana SOL$195.40 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, alongside 15,600 open positions in standard and micro SOL futures. Taken together, these contracts equated to a notional open interest of $3 billion.This milestone reflects the increasing adoption of regulated futures as a preferred venue for investors seeking exposure to digital assets, manage risks, and capitalizing on the growing crypto market, as Tim McCourt, the exchange’s Global Head of Equity & FX Products, said during the Token2049 conference in Dubai.The standard Solana futures contract, sized at 500 SOL, went live in March and crossed the $1 billion notional open interest mark in August. Futures tied to the payments-focused XRP crossed that threshold in August, just three months after their debut.

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