Coinbase Goes All In—XRP, SOL & ADA Futures Now Live 24/7

Coinbase, one of the top US-regulated crypto exchanges, is expanding its futures trading suite by offering 24/7 trading for Solana (SOL), XRP, and Cardano (ADA) futures starting June 13. This is a big deal for US-based traders to have compliant, always-on access to high-demand altcoin derivatives.

This follows the successful launch of 24/7 futures for Bitcoin (BTC) and Ethereum (ETH). “24/7 CFTC regulated markets is a game changer for the industry” said Andy Sears, CEO of Coinbase Financial Markets.

By offering continuous trading on these three altcoins, Coinbase is meeting the expectations of modern traders in the fast moving digital asset space. Crypto never sleeps and neither do these futures.

Contract Details & Limits

Each contract is designed to help traders manage risk and capital:

• XRP Futures: 10,000 XRP per contract, USD cash-settled, 10% hourly price movement cap

• SOL Futures: Same as existing BTC/ETH contracts

• ADA Futures: 1,000 ADA per contract, cash-settled

These new instruments are for both retail and institutional investors. The trading model has hourly volatility controls to ensure market stability while allowing strategy execution 24/7.

Altcoin Futures Demand Surges

The market has responded well. Since the announcement:

• 23,000 Solana futures have traded

• 13,000 XRP contracts have changed hands

This is a big demand for altcoin derivatives especially with global crypto adoption on the rise. Derivatives make up over 75% of total crypto trading volume so this is a big move for Coinbase to gain more market share.

But despite the new trading options the overall market is still bearish. As of latest data:

• SOL is at $163.80, down 5.23%

• XRP is at $2.18, down 4%

• ADA is at $0.7025, down 7%

• Total crypto market is down 2.9% to $3.33 trillion

So while the infrastructure is evolving the broader market sentiment is still weighing on prices.