News and analysis on encrypted currencies, Blockchain and decentralized financing

After submitting an official request to CFTC, Coinbase derivatives will be now ready to include future contracts on Solana.

This step opens the doors to new speculation opportunities, especially for customers of the institutional type, which indirectly affects the SEC decision regarding the immediate launch of Solana ETF on American stock exchanges. The list was set on February 18.

Let’s see everything in detail below.

Coinbase’s derivatives are preparing to include future contracts after applying to CFTC at the beginning of the month

Coinbase derivativesA platform that focuses on trading of encryption derivatives and organizer In the United States, it was announced The upcoming list of future contracts Solana.

The subsidiary for the exchange of cryptocurrency bearing the name called a document for self -education a few days ago to the commodity futures trading committee (CFTC) To notify the intention of recounting the original.

In addition to the new exchange on Solana (SOL), Coinbase is said to have applied to launch products on the basis Hedra (HBAR), Blockchain product based in the United States of America.

According to CFTC, the list is expected to be settled on Tuesday, February 18, when new contracts will be settled on a monthly basis.

If there are no objections from the organizer, The size of the contract for Solana decades will be 100 SolAnd reward is currently approximately 24,000 dollars.

The institutional section of Coinbase will also submit Solana Contracts.Nano“5 Sol. At the same time, Hedra futures will be 5,000 icons.

We remind you that Coinbase derivatives are currently providing exposure to the encryption market through derived products based on a specific set of coins.

This includes assets such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Polkadot, Shiba Inu, Avalanche, ChainLink and Stellar, as well as gold and oil.

The choice of providing a specific market for Solana comes in a continuous man The organizational change of the cryptocurrency market in the United States.

With the entry of the new supporter to Crypto Donald TrumpIt can open new views to organize more suitable for this sector, which facilitates approval of financial products based on digital assets such as Solana.

Coinbase shakes the market: ETF On $ Sol next to Wall Street?

The strategic step is followed by Coinbase derivatives for diving in Solana Futures, the constant pressure from the encryption operators on second To order the ETF product based on the same currency. In recent months, many companies have submitted documents to the Securities and Exchange Committee, specifically a request for entry Sol Investment Funds in Wall Street. Among the main asset managers, we find gray investments and the exchange of CBOE BZX, 21shares and BitWise.

at this point, The list of future contracts on Solana can affect Coinbase’s derivatives on SEC’s decision on this issue. the Corporate Coinbase’s sub -platform is already organized by CFTC and tracks strict criteria to determine its offers for investors. Indirectly, the fact that Coinbase acts as a bridge between the world of encryption and the organized markets can positively affect the choice of American regulatory authority.

However, it should be noted that CFTC does not have the same weight as other institutional entities in the United States, such as CME.

If the high Chicago Mercantile in the Solana Futures Insert, SEC will be more inclined to follow up with the approval of the relevant investment funds.

Moreover, in some cases against Coinbase and Binance, SEC Sol has been identified as possible asset security: this can strongly limit the agency’s freedom if it is considered in this way.

In any case, the new Trump administration’s effect will definitely have a positive impact in this context, taking into account the appointment of supporter Paul Atkins As a new SEC president. Investors trust that in 2025, immediate ETF markets can be approved for existing assets such as Sol, XRP and LTC.

According to Polymarkket events, there is currently 35 % is an opportunity to agree to Solana ETF by July 31. Expand horizons, by the deadline at the end of the year, probability It rises to 84 %.

Solana encryption price analysis

The Solana Future Contracts menu can give Coinbase derivatives a touch of vitality to make a Sol price that was missing for a few weeks. Current currency prices are close to the symbolic quote $ 300 On January 19, only to continue selling the heavy market. From that moment on, the Bears dominated the situation, which created a strong structure for Solana, which is now trading at $ 192 per code.

In the middle of the decline, the currency also lost the support of the 50 EMA, with a highlight of A powerful, strong, short -term component. Trading volumes decreased significantly, as well as financing rates on futures and Open attention One of the markets of derivatives.

In recent days, there has been a real re -seizure of the entire encryption sector, as it usually happens during the emerging market stages, which re -balances market transgressions.

Now Solana needs a new incentive to return to a bull look and aims to its highest levels ever during the year 2025. The approval of Spot ETF will be the ideal narration for riding in the coming monthsIt is sufficient to restore the attention of investors. Even on the Mimin interface, Solana can acquire a large air force if pump.fun It continues to record excellent sizes as in recent months.

The first goal for Sol recovery is set at $ 220, in order to set the triple bottom in the daily currency graph under the current quotes. After that, it will be necessary to recover 260 dollars and settle on it to start running another leg.

For ORSI, a decline of less than $ 180 will be already sufficient to continue keeping the situation in their grip and aims at the new Ribassisti goals.