Coinbase Expands 24/7 Futures to Solana, XRP, and Cardano Amid Rising Altcoin Demand

Coinbase is gearing up to broaden its futures trading capabilities, introducing round-the-clock contracts for Solana (SOL), XRP, and Cardano (ADA) starting June 13.

This marks a strategic move to offer U.S. traders compliant access to altcoin derivatives as the platform adapts to a rapidly shifting regulatory environment.

Previously, Coinbase’s 24/7 futures access was limited to Bitcoin (BTC) and Ethereum (ETH), but the latest update brings altcoins into the mix. According to Coinbase, these new offerings will give users greater flexibility in risk management and trading execution by mirroring the non-stop nature of crypto markets.

Coinbase Financial Markets CEO Andy Sears hailed the expansion as a breakthrough, emphasizing that continuous access to CFTC-regulated futures contracts is reshaping how retail and institutional investors engage with crypto derivatives.

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Each altcoin contract comes with specific parameters: XRP futures will represent 10,000 XRP per contract and are cash-settled in USD, with a 10% hourly price cap. ADA contracts are sized at 1,000 ADA, allowing traders to scale positions more easily. These additions follow strong performance metrics—Solana futures, for example, have already seen over 23,000 contracts traded, with XRP futures surpassing 13,000.

The move is especially notable as it comes shortly after Coinbase experienced a security breach, indicating the company is pushing forward with its growth strategy despite recent setbacks.

With altcoin derivatives continuing to gain traction—and futures now accounting for the lion’s share of crypto trading volume globally—Coinbase’s 24/7 expansion signals a clear intent to claim a larger share of this competitive and increasingly vital segment of the market.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.