The institutional arm of the leading crypto exchange, Coinbase, will be offering 24/7 trading for XRP and Solana (SOL) futures to its institutional traders in the U.S. This remarkable expansion from Coinbase highlights its growing dominance within the crypto industry as well as the demand for alternative crypto assets like Solana (SOL) and XRP in the country.
As per the official announcements, the 24//7 futures trading for XRP and SOL will go live from 13 June, with it “unlocking real-time access to U.S. traders” and “reflecting the always-on nature of crypto markets.”
Coinbase is currently the largest crypto exchange in the United States, and third largest worldwide. Its vast product suite and service offering makes it one of the most popular crypto exchanges among retail as well as institutional traders.
With this development, institutional investors in the U.S. will be enabled to trade XRP and Solana futures alongside other leading crypto assets like Bitcoin and Ethereum.
In recent trading sessions, XRP futures already showed a combined volume of 13,000 contracts and nano Solana futures leading at 23,000 contracts, which highlights growing institutional interest.
XRP has recently gained significant traction, with a notable surge in its on-chain activity. However, its price struggles to break the $2.35 resistance, a key level for a bullish breakout. Similarly, Solana is also facing a resistance at $180 while currently priced at $163.5 with a 24-hour trading volume of $3.69 billion.
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