Solana News: CME Group to Launch Solana Futures, Potentially Boosting ETF Approval Odds

CME Group, a leading derivatives marketplace, has announced plans to introduce cash-settled Solana (SOL) futures, offering investors of all sizes a new way to gain exposure to the popular cryptocurrency. This move could have significant implications for the future of Solana-based ETFs.

Planned CME Solana Futures Could Boost ETF Approval Odds

CME Group is officially moving ahead with cash-settled SOL futures, to be available via a micro-sized contract (25 SOL) and a larger one (500 SOL). This type of product gives sophisticated investors (i.e. institutions and active traders) a new way to gain exposure to Solana, potentially boosting the odds of an ETF approval for the cryptocurrency.

CME Group to Launch Solana (SOL) Futures

CME Group plans to introduce Solana (SOL) futures trading on March 17th, 2025, pending regulatory approval. The launch of SOL futures aims to meet the growing demand for regulated crypto trading products. Traders will have access to dual micro-sized contracts for 25 SOL and larger contracts for 500 SOL. The SOL futures will be cash-settled based on the CME CF Solana-Dollar Reference Rate.

Jito Price Prediction 2025-2031: JTO Price Outlook

Jito (JTO), a token in the Solana ecosystem, has gained attention for liquid staking and adoption. It empowers the Solana community by enabling efficient staking and governance. Highlighted by a December 2023 airdrop, Jito’s price in February 2025 was $2.37, with a market cap of $500 million and a circulating supply of 1 billion tokens. Despite recent price fluctuations, Jito’s long-term prospects remain promising. Technical analysis reveals some challenges in price movements.

Whales Propel the Solana Price Beyond $145—Is it a Short-Term Rebound or a Start of a Fine Recovery?

Solana gained significant attention, surpassing the activity of dominant chains like Ethereum. However, the rising dominance of memecoins raised concerns, as a couple of rug pulls adversely impacted the SOL price rally. Despite selling pressure, SOL experienced a strong upswing, preventing the token from dropping below a pivotal support zone at $133. It remains unclear if the latest rebound is a trend reversal or a trap for the bulls.