Coinbase has announced a major step forward by enabling round-the-clock trading of XRP and Solana futures for institutional investors in the United States. The move aligns with increasing demand for altcoin derivatives and comes as US lawmakers debate a clearer regulatory framework for crypto. Coinbase continues to position itself as a regulated leader in this fast-moving space.
Growing Momentum for XRP and Solana Futures on Coinbase
Starting June 13, eligible institutional clients in the US will be able to trade XRP and Solana futures 24/7 on Coinbase. The launch highlights the exchange’s commitment to matching the non-stop nature of the global crypto market. Already the largest US-based exchange, Coinbase is responding to investor appetite for more than just Bitcoin and Ethereum.
Recent volume data supports this expansion. XRP futures have seen 13,000 contracts traded in a short period, while nano Solana futures surpassed 23,000. This level of activity signals that institutional players are increasingly diversifying their crypto exposure. On-chain metrics also show rising engagement for XRP, though the asset is currently struggling to break through the $2.35 resistance level. Solana, on the other hand, trades at $163.5, just below a key resistance at $180, with a 24-hour trading volume near $3.7 billion.
Coinbase’s launch comes as US regulators inch closer to defining comprehensive crypto legislation. While the specifics of the new crypto law are still being debated, platforms that embrace transparency and compliance—like Coinbase—are gaining investor trust.
By expanding into futures tied to high-potential altcoins, Coinbase is sending a clear message: the institutionalization of crypto is moving forward, and access to professional-grade products will no longer be limited to traditional assets.