BREAKING
329d 16h ago

Solana Futures Launch on CME: New Micro and Full-Size Contracts for Strategic Investment

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

On March 17, CME Group made a significant move in the cryptocurrency space by launching Solana futures. The new contracts include a micro-sized option covering 25 SOL and a full-size contract encompassing 500 SOL. This expansion highlights Solana’s growing prominence among developers and investors alike. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, emphasized that these futures contracts are designed to enhance capital efficiency, catering to the evolving investment and hedging strategies within the digital asset market. With this development, market participants can better manage their exposure to SOL, reflecting a broader trend of institutional interest in blockchain ecosystems. As the crypto landscape evolves, the introduction of Solana futures by CME lays a foundational framework for future trading activities and risk management solutions, marking a pivotal moment for the digital currency’s institutional adoption.

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