CME XRP and Solana Futures Open Interest Surges to Record $3B
October 29, 2025 — Open interest in XRP and Solana futures on the Chicago Mercantile Exchange (CME) hit an all-time high this week, reaching roughly $3 billion as institutional and retail investors increased exposure to regulated crypto derivatives.
CME data showed futures tied to XRP and Solana (SOL) reached record participation on Monday, underscoring steady demand for transparent and exchange-listed products. The exchange reported around 9,900 active XRP and micro XRP contracts and 15,600 open positions in standard and micro SOL futures — together amounting to nearly $3 billion in notional open interest.
According to Tim McCourt, CME’s Global Head of Equity and FX Products, the milestone reflects the continued adoption of regulated instruments as investors seek safer and more efficient ways to trade digital assets. “The growing use of listed futures demonstrates investors’ preference for regulated venues to manage crypto exposure,” McCourt said at the Token2049 conference in Dubai.
CME introduced its standard Solana futures in March, each contract representing 500 SOL. The product surpassed $1 billion in open interest by August. XRP futures, launched shortly afterward, crossed the same threshold within three months of debut.
The record-setting open interest marks another step in the institutionalization of the crypto market, as professional traders increasingly turn to CME for access to altcoins like XRP and Solana under regulated conditions.
