The story of Solana and XRP takes a new turn. These two altcoins, long seen as outsiders in front of Bitcoin and Ether, are now invited into the arena of regulated derivative products. For the Mercantile Chicago Exchange (CME), the question was simple: why not offer them a springboard to seduce institutional investors and conquer the world? The answer will fall on October 13, 2025, the date on which the CME will officially launch the options on Solana and XRP contracts.
In short
- CME will launch options on future Solana and XRP on October 13, an institutional first.
- More than 540,000 Solana contracts exchanged since March, representing $ 22.3 billion notional dollars.
- XRP has recorded 370,000 contracts since May, reaching an open record record of 942 million.
- The crypto institutional market requires new tools, Falconx and Cumberland greet this strategic diversification.
From trading crypto to Wall Street: How Solana and XRP appeal to institutions
So far, only Bitcoin and Ethereum were entitled to their options on future at the CME. Solana and XRP now join the club. The options, available in standard and micro versions, will offer daily, monthly and quarterly expirations. A product designed to seduce both large institutions and active traders.
The movement is based on an already spectacular adoption. Since their launch, 540,000 Solana contracts have been exchanged, representing $ 22.3 billion notional dollars. On the XRP side, more than 370,000 contracts have circulated, or $ 16.2 billion. August has broken records: 9,000 soil contracts per day, and an open record record of $ 942 million for XRP.
Giovanni Vicioso, global manager of crypto products at the CME, sums up this advance:
As one of the largest liquidity suppliers in the ecosystem, the Cumberland team is delighted to support the continuous expansion of CME Group Crypto offers. The launch of options on Solana and XRP contracts once again illustrates the passage beyond the pillars that are Bitcoin and Ether, and demonstrates the persistent demand on the market to have an exposure to a wider set of products.
This CAP Franchi confirms that Solana and XRP are no longer just technical alternatives, but real reference assets for the institutional crypto market.
Records that change the situation for Crypto derivatives
This Opening to the options on Solana and XRP responds directly to an institutional request in full explosion. The rise of cash in digital active ingredients has strengthened the need for suitable cover tools. Actors like Falconx or Cumberland are delighted with this turn, believing that the diversification of derivative products will strengthen the efficiency of the markets.
The arrival of these contracts comes in a clearer regulatory environment in the United States, carried by the Genius Act and a White House favorable to the Crypto sector. The CME thus capitalizes on this window to expand its offer and are ahead of its competitors, whether they are called Coinbase, Kraken or Robinhood.
The figures that mark a turning point
- 540,000 Solana contracts that have been exchanged since March 2025, for $ 22.3 billion;
- 370,000 XRP contracts traded since May 2025, representing $ 16.2 billion;
- Record August 2025: 9,000 soil contracts per day;
- Open Interest XRP at $ 942 million, a historic summit.
In parallel, the markets scrutinize the projects of ETF Spot Solana and XRP. Actors like Rex Shares and Osprey Funds are preparing their weapons, while the SEC still delays its decisions. The CME options may well serve as a reference to regulators, strengthening the chances of seeing these Crypto ETF validated in the short term.
The coincidence intrigues: why does the CME choose October to launch these options? Some analysts point out that this calendar meets that of the dry, which must rule on an ETF Solana postponed to the same period. Strategy or simple coincidence? One thing is certain: if the authority validates an ETF Sol this month of October could become a pivotal moment for altcoins and for the future of the Crypto market.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
