Coinbase extends its 24/7 futures trade to Solana, XRP and Cardano in the face of increasing demand for altcoins

Coinbase is preparing to expand its futures trade opportunities and to introduce tradable contracts for Solana (SOL), XRP and Cardano (ADA) around the clock from June 13th.

Dies is a strategic step to offer US retailers compliant access to altcoin derivatives, since the platform adapts to a rapidly changing regulatory environment.

So far, the 24/7 access to Futures from Coinbase was limited to Bitcoin (BTC) and Ethereum (ETH), but the latest update is now also added. According to Coinbase, these new offers offer users more flexibility in risk management and commercial execution, since they reflect the non-stop character of the cryptoma markets.

Andy Sears, CEO of Coinbase Financial Markets, praised the expansion as a breakthrough and emphasized that continuous access to CFTC-regulated editing controls changes the way in which private investors and institutional investors deal with crypto derivatives.

Each altcoin contract has specific parameters: XRP futures correspond to 10,000 XRP per contract and are billed in USD bar, with an hourly price limit of 10%. ADA contracts have a size of 1,000 ADA, which makes dealers more easily scaling their positions. These additions follow strong performance data-for example, over 23,000 Solana futures contracts have already been traded, while XRP futures exceeded the 13,000 mark.

This step is particularly noteworthy because it takes place shortly after a security violation at Coinbase and shows that the company drives its growth strategy ahead, despite the latest setbacks.

Since Altcoin derivatives continue to become more important and now make up the lion's share of the global crypto trade volume, the 24/7 expansion of Coinbase signals the clear intention to conquer a larger proportion of this competitive and increasingly important market segment.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.