CME Group will roll out options for XRP and Solana (SOL) futures on October 13, with expiries available daily, monthly and quarterly, adding an extra layer of exposure for investors.CME Group will roll out options for XRP and Solana (SOL) futures on October 13, with expiries available daily, monthly and quarterly, adding an extra layer of exposure for investors.

CME Group plans to roll out XRP and Solana futures options in October

2025/09/18 09:17
3 min read
  • CME Group announced it will launch options trading for XRP and Solana futures on October 13.
  • The products will include both standard and micro XRP and SOL options contracts.
  • CME notes that its suite of XRP and Solana futures is among the fastest adopted futures products.

CME Group will roll out options for XRP and Solana (SOL) futures on October 13, with expiries available daily, monthly and quarterly, adding an extra layer of exposure for investors.

XRP and Solana futures options to go live on CME in October

CME Group, one of the largest derivatives exchanges, plans to roll out options contracts tied to Solana and XRP futures on October 13, subject to regulatory approval, according to a statement on Wednesday.

The contracts will be available in both standard and micro sizes, with expiration choices ranging from daily to monthly and quarterly.

CME introduced Solana and XRP futures in March and May, respectively, offering investors crypto exposure outside of Bitcoin (BTC) and Ethereum (ETH) contracts for the first time.

The exchange noted that more than 540,000 Solana contracts, valued at $22.3 billion and 370,000 XRP contracts, worth $16.2 billion, have been traded on its platform since their respective launches this year.

The products also reached record levels of daily trading activity and open interest in August, placing them among the fastest adopted futures contracts on the exchange.

"The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. 

Options on Solana and XRP futures reflect the industry's shift beyond Bitcoin and Ethereum and indicate a growing appetite for diversified crypto exposure, added Roman Makarov, Head of Cumberland options trading at DRW.

CME is also partnering with crypto prime broker FalconX to increase demand for the products. FalconX Global Co-Head of Markets Joshua Lim noted that the growth of digital asset treasuries and other access vehicles has heightened demand for institutional hedging tools on Solana and XRP.

The development comes as market participants anticipate the Securities & Exchange Commission's (SEC) approval of US spot XRP and Solana exchange-traded funds (ETFs).

CME's crypto futures are often viewed as a benchmark for ETF approvals, since the SEC considers whether an asset has regulated futures contracts when evaluating such applications. 

The regulator is also developing new generic listing standards for crypto ETFs, with some proposals suggesting that approval should follow once futures contracts for the underlying asset have traded on a regulated derivatives exchange over a specified period.


Market Opportunity
Solana Logo
Solana Price(SOL)
$79.86
$79.86$79.86
-4.34%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

New 15% global tariff reshapes landscape – Commerzbank

New 15% global tariff reshapes landscape – Commerzbank

The post New 15% global tariff reshapes landscape – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Economic Research team, led by Dr. Vincent Stamer
Share
BitcoinEthereumNews2026/02/23 21:03
Strategy bitcoin milestone in sight as Michael Saylor prepares 100th purchase amid deep unrealized losses

Strategy bitcoin milestone in sight as Michael Saylor prepares 100th purchase amid deep unrealized losses

Investors are watching closely as Strategy bitcoin activity signals another bold move in the middle of a volatile market cycle. Michael Saylor signals 100th Bitcoin
Share
The Cryptonomist2026/02/23 20:55
From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia

From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia

Saudi Arabia is at the forefront of digital transformation. With Vision 2030 driving innovation and a rapidly growing population of tech-savvy users, mobile apps have become a core driver of business growth in the Kingdom. From e-commerce and fintech to healthcare, logistics, and on-demand services, Saudi businesses are embracing mobile apps to connect with customers and scale faster. But how do you take a mobile app idea and turn it into a successful launch on the App Store or Google Play? This guide breaks down the complete mobile app development process in Saudi Arabia — step by step. Step 1: Validate Your App Idea for the Saudi Market Before you start building, ask: What problem does my app solve for Saudi users? Is there a cultural or market gap my app can fill? How do local competitors approach the same challenge? For example, apps related to digital payments, e-learning, delivery services, and healthcare are in high demand across Saudi Arabia. Conducting market research and aligning your app idea with local user behavior is critical. Step 2: Plan Features with Local Needs in Mind Your app should start with an MVP (Minimum Viable Product) — a core version that solves the main problem. Later, you can scale with advanced features. In Saudi Arabia, consider adding: Arabic language support (essential for user adoption) Integration with local payment gateways like STC Pay, Mada, or Apple Pay Regulatory compliance (especially for fintech and health apps) Localization for user preferences (Hijri calendar, cultural UI elements) Step 3: Select the Right Development Approach You can choose: Native Apps (Swift for iOS, Kotlin for Android) — Great for scalability and performance. Cross-Platform Apps (Flutter, React Native) — Cost-effective for startups targeting both iOS and Android simultaneously. Hybrid Apps — Suitable for simpler apps with limited features. For Saudi startups and enterprises, cross-platform development is often preferred to reach a wider audience quickly and efficiently. Step 4: Design With a Local Touch The design must balance global usability standards with local cultural relevance. UI (User Interface): Clean, modern visuals that align with Saudi branding. UX (User Experience): Simple navigation, clear Arabic text support, and intuitive flows. Wireframing & Prototyping: Test early with Saudi users to ensure adoption. A user-friendly design is one of the top reasons apps succeed in the Kingdom’s competitive market. Step 5: Develop Your Mobile App Once the design is ready, the coding begins. Saudi app development companies often follow Agile methodology, ensuring flexibility and faster delivery. Front-End Development: Interface and user interactions. Back-End Development: Databases, servers, and APIs. Integration: Secure connections between front-end and back-end. Strong collaboration between developers, designers, and business analysts ensures your app aligns with Saudi market needs. Step 6: Testing Across Devices and Networks Saudi users rely on different devices and network speeds. That’s why rigorous testing is critical: Functionality Testing: Features work as expected. Performance Testing: The app runs smoothly on both 4G and 5G networks. Localization Testing: Arabic text displays correctly, without alignment issues. Security Testing: Data protection compliance with Saudi cybersecurity standards. Step 7: App Store & Google Play Launch in Saudi Arabia To publish your app: Apple App Store (iOS): Requires an Apple Developer account and strict guideline compliance. Google Play Store (Android): Faster approval but still requires detailed app info. You’ll also need metadata in both English and Arabic — titles, descriptions, and screenshots — to maximize visibility among Saudi users. Step 8: Market Your App in Saudi Arabia Launching an app is only the beginning. You need a marketing strategy tailored to the Kingdom: App Store Optimization (ASO): Use Arabic and English keywords. Social Media Campaigns: Leverage platforms like Snapchat, Twitter (X), and Instagram, which are highly popular in Saudi Arabia. Influencer Marketing: Collaborate with Saudi influencers for early traction. Paid Ads: Google Ads and Saudi-focused Facebook/Instagram ads. Partnerships: Collaborate with local businesses to reach a wider audience. Step 9: Gather Feedback and Optimize Once your app is live, monitor: User reviews on app stores Analytics on engagement, retention, and churn rates Suggestions from Saudi users for culturally relevant features Continuous updates and improvements are vital to stay competitive. Step 10: Scale With Advanced Features Once your MVP gains traction, you can expand with advanced features such as: AI and machine learning for personalization Blockchain-based payments for fintech apps AR/VR features for retail and gaming apps IoT integration for smart home and mobility solutions Saudi Arabia’s digital ecosystem is growing rapidly — apps that adapt quickly will thrive. Conclusion Mobile app development in Saudi Arabia is not just about building an app — it’s about aligning with Vision 2030, cultural needs, and user expectations. By following a clear process — from idea validation to launch and beyond — you can transform your concept into a profitable digital product. Whether you’re a startup or an enterprise in Saudi Arabia, the opportunity is massive. With the right strategy, you can move from idea to App Store and create an app that truly resonates with Saudi users. From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 14:46