CME Group, one of the largest derivative exchanges in the world, officially launched the future of Solana (left), opened a new era in the cryptocurrency derivative market.
CME Group, one of the largest derivative exchanges in the world, has officially launched Solana (left) drought transactions and introduces a new investment tool to the company's investors. This development is considered an important step in the maturity of the cryptocurrency market, while Solana's price increased to $ 123 in a short time. This move, a sign of increasing institutional demand for products provided by cryptocurrencies, causing Solana to find more space in traditional financial markets after the future Bitcoin and Ethereum. Giovanni Vicioso, head of CME Group's global cryptocurrency products, said new term trading contracts will provide more efficient investment and protection strategies for investors. The company's interest in Future transactions of Solana On March 16, the first process between Falconx and Stonex revealed the interest of corporate investors for the derivative products prescribed. The Future of the CME Group's solana is presented in two different contracts: Micro contract: 25 left size Standard contract: Both 500 products are paid in cash in the CF CF Solana polarization ratio. The release of future transactions of Solana strengthens the relationship between traditional finance and cryptocurrency market, and aims to help corporate investors develop risk management strategies. Great market manufacturers like Cumberland Drw, Falconx and Stonex consider CME's move as a turning point in the maturity of the cryptocurrency derivative market. Recent movements on solana prices and market expectations After CME Group's notice, Solea Price has increased to $ 123. However, since March 18, the withdrawal price is $ 123.27. Technical indicators show that Solana checks the $ 126.99 resistance and can create a new increase trend if it exceeds this level. Although the RSI indicator indicates that the momentum is neutral, the MACD index says that the market price increases may continue, the risk of turning to potential. According to experts, if Solana exceeded the important resistance of $ 126, the price seemed to be able to achieve the $ 128-130 band. However, if this resistance cannot break, the price is at risk of withdrawing to $ 121.85. Some analysts predict that corporate investors' interest will increase when the launch of Solana Futures and the price of this situation can bring the price for the $ 140-150 band. The introduction of Solana's future transactions is considered an important step to support the increase in the participation of the organization in the cryptocurrency market. This new product of CME Group provides more risk protection and risk management strategies for corporate investors, and contributes to the market more stable.