XRP And Solana Set New $3 Billion All-Time High As Interest Explodes

The open interest in XRP and Solana (SOL) futures and options has reached a record $3 billion on the Chicago Mercantile Exchange (CME). According to the CME data, this remarkable milestone was reached during Monday’s session, which saw both XRP and Solana reach their highest level of ￰0￱ cryptocurrencies have gained traction among institutional investors, who are now treating XRP and Solana as serious alternatives to Bitcoin and Ethereum in the derivatives market. CME’s Record $3 Billion Milestone Data from CME Group reveals that open interest in XRP and Solana futures has climbed to about $3 billion in total ￰1￱ figure captures the total capital tied up in active contracts, serving as one of the best indicators of investor activity and ￰2￱ Reading: Why This Analyst Is More Bullish On XRP Over Ethereum For The Short-Term CME data shows that around 9,900 XRP contracts and 17,400 Solana futures contracts were opened during this surge of high activity, including both standard and micro ￰3￱ achievement comes less than a year after CME introduced these ￰4￱ futures launched in March 2025 and quickly rose to prominence, followed by XRP futures in ￰5￱ have now joined the ranks of the exchange’s most traded crypto derivatives, competing directly with Bitcoin and Ethereum ￰6￱ record milestone is part of a growing interest in its digital currency ￰7￱ McCourt, Global Head of Equities, FX, and Alternative Products at CME, noted that the exchange has witnessed intense client demand for nonstop ￰8￱ response, the CME Group had revealed plans to make cryptocurrency futures and options available for trading 24 hours a day, seven days a week, starting from early 2026, although pending ￰9￱ increase in open interest highlights how XRP and Solana now dominate the altcoin derivatives scene on ￰10￱ futures surpassed $1 billion in open interest by August 2025, just five months after their launch, while XRP futures achieved the same within three ￰11￱ data shows that XRP futures on the CME reached a notional volume of $26.9 billion in October and over 567,000 contracts traded within six months of ￰12￱ Interest In XRP And Solana The record in open interest follows CME’s introduction of options on XRP and Solana futures to expand its cryptocurrency derivatives portfolio beyond Bitcoin and ￰13￱ expansion allows traders to access options on SOL, Micro-SOL, XRP, and Micro-XRP futures, each offering daily, monthly, and quarterly expirations to meet different trading ￰14￱ Reading: Ethereum and Solana Price Ready To Send Hard?

Legendary Analyst Says It’s Time To Pay Attention The expansion also points to the growing sophistication of institutional participation in Solana and XRP ￰15￱ first XRP options trade was executed on October 12 between Wintermute and ￰16￱ first trade for options on SOL futures was executed on Monday, October 13, between Cumberland DRW and ￰17￱ image from Medium, chart from ￰18￱