Coinbase Pioneers 24/7 XRP and Solana Futures Trading in U.S. Market

Coinbase Derivatives is expanding its innovative 24/7 cryptocurrency futures trading to include XRP and Solana, starting June 13, 2025. This strategic move follows the platform’s successful launch of round-the-clock Bitcoin and Ethereum futures, solidifying its position as the first CFTC-regulated U.S. exchange to offer continuous access to these digital asset markets. The expansion addresses the growing demand for seamless trading that aligns with the global, non-stop nature of cryptocurrency markets. Notably, this development comes at a time when derivatives are increasingly dominating cryptocurrency trading volumes, highlighting the importance of accessible and regulated futures products. Coinbase’s initiative bridges the gap between traditional financial market hours and the 24/7 crypto ecosystem, providing U.S. traders with unprecedented flexibility in managing their XRP and Solana positions. The move is expected to enhance liquidity and price discovery for these major altcoins while maintaining the regulatory compliance that institutional investors require. As the cryptocurrency derivatives market continues to mature, Coinbase’s expansion into XRP and Solana futures represents a significant step forward in mainstream adoption and market infrastructure development.

Coinbase Expands 24/7 Crypto Futures Trading to XRP and Solana

Coinbase Derivatives is set to launch round-the-clock trading for XRP and Solana futures starting June 13, following its pioneering 24/7 Bitcoin and ethereum futures offerings. This move positions Coinbase as the first CFTC-regulated U.S. exchange to provide continuous access to these markets, bridging the gap between traditional trading hours and the global crypto ecosystem.

The expansion comes as derivatives now dominate over 75% of global crypto trading volume. "Starting June 13, we’re enabling 24x7 trading for $XRP and solana ($SOL) futures, unlocking real-time access to U.S. traders," stated Coinbase Institutional in a May 29 announcement. CEO Andy Sears emphasized this reflects the "always-on nature of crypto markets."

Coinbase’s derivatives suite has grown rapidly since introducing Solana futures in February and XRP contracts last month. Nano Solana futures recently saw over 23,000 contracts traded, while XRP futures exceeded 13,000 across standard and nano sizes. The exchange is also preparing to launch perpetual BTC and ETH futures in the U.S., responding to surging institutional demand for crypto derivatives products.

CME Expands Crypto Benchmark Suite with Four New Reference Rates

CME Group and CF Benchmarks are introducing four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR, and Sui. These benchmarks aim to provide transparent pricing data for institutional investors, though they are not tradable products.

The expansion brings CME’s total coverage to 28 cryptocurrencies, representing over 96% of the investible market capitalization. Pricing data will be sourced from major exchanges including Bitstamp, Coinbase, and Kraken.

"These benchmarks meet institutional standards for accuracy and reliability," said Giovanni Vicioso, CME’s Global Head of Cryptocurrency Products. The MOVE reflects growing institutional demand for trusted valuation tools in digital asset markets.