CME Group, the world's largest derivatives marketplace, has announced that it plans to introduce Solana (SOL) futures on March 17, expanding its range of cryptocurrency derivatives. The new contracts, subject to regulatory review, will offer traders the ability to manage SOL price risk with contract sizes of 25 SOL and 500 SOL. The contracts will be cash-settled using the CME CF Solana-Dollar Reference Rate, and this move is seen as a step toward greater institutional adoption of crypto. The addition of SOL futures could potentially pave the way for the approval of SOL exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC).



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