Coinbase Doubles Down on Altcoin Futures—Adds SOL, XRP, ADA to 24/7 Trading
Wall Street’s sleeping—again—while crypto exchanges eat their lunch. Coinbase just flipped the switch on round-the-clock futures trading for Solana, XRP, and Cardano, betting big on retail’s insatiable altcoin appetite.
No more waiting for NYSE bell rings. SOL, XRP, and ADA join Bitcoin and Ethereum with 24/7 leveraged contracts—just in time for the next ‘alt season’ hype cycle.
Risk management? That’s what 100x leverage is for, right? (Cue the SEC’s collective aneurysm.) One thing’s clear: When traditional finance naps, crypto builds the future—between memecoin trades, anyway.
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Each altcoin contract comes with specific parameters: XRP futures will represent 10,000 XRP per contract and are cash-settled in USD, with a 10% hourly price cap. ADA contracts are sized at 1,000 ADA, allowing traders to scale positions more easily. These additions follow strong performance metrics—Solana futures, for example, have already seen over 23,000 contracts traded, with XRP futures surpassing 13,000.
The move is especially notable as it comes shortly after Coinbase experienced a security breach, indicating the company is pushing forward with its growth strategy despite recent setbacks.
With altcoin derivatives continuing to gain traction—and futures now accounting for the lion’s share of crypto trading volume globally—Coinbase’s 24/7 expansion signals a clear intent to claim a larger share of this competitive and increasingly vital segment of the market.
