Solana (SOL) Eyes Reversal After Hitting Key Assist as Coinbase Launches SOL Futures…

Coinbase Will get CFTC-Regulated SOL Contracts

Coinbase has introduced the launch of Solana (SOL) futures contracts, marking a major step in increasing its derivatives market throughout the U.S. The newly launched contracts are regulated by the Commodity Futures Buying and selling Fee (CFTC), reinforcing compliance and legitimacy within the sector. 

This transfer comes amid rising demand for regulated crypto futures, permitting merchants to entry SOL futures with better safety and transparency. The addition of SOL futures follows Coinbase’s latest push to broaden its futures choices past Bitcoin and Ethereum, catering to altcoin buyers in search of hedging and leverage alternatives. 

Because the regulatory surroundings evolves, Coinbase’s initiative may drive additional institutional adoption and market liquidity for Solana, strengthening its place as one of many main blockchain ecosystems.

SOL Worth Evaluation

As of February 20, 2025, Solana (SOL) is buying and selling at roughly $174, reflecting a modest enhance of zero.29% over the previous 24 hours. Nonetheless, over the previous week, SOL has skilled a decline of about 9.56%, and it stays 40.98% under its all-time excessive of $294.85, achieved on January 19, 2025. The latest value motion has introduced SOL to a important help stage round $160, a threshold not noticed since November 2024.