CME Group to launch Solana futures as Bitcoin Pepe’s presale hits $3.65m
The post CME Group to launch Solana futures as Bitcoin Pepe’s presale hits $3.65m appeared on BitcoinEthereumNews.com.
Key takeaways The CME Group is set to launch Solana futures on its platform as demand for crypto products increases. The Bitcoin Pepe presale has reached $3.65 million and is now set to enter its sixth stage. CME Group to launch Solana futures for its clients CME Group, the world’s largest derivatives marketplace, announced on Friday that it will introduce Solana (SOL) futures on March 17, expanding its suite of cryptocurrency derivatives. The futures product, pending regulatory review, will allow traders on CME to manage SOL price risk with two contract sizes: 25 SOL and 500 SOL. The company’s CEO added that the launch of the SOL futures on its platform comes as CME is responding to increasing client demand for a broader set of regulated products. With the launch, SOL futures will join CME’s crypto product suite, which includes bitcoin and ether derivatives. What is Bitcoin Pepe? The broader crypto market underperformed last week but that hasn’t halted developments within the industry. CME is launching SOL futures to users while new projects are emerging with exciting use cases. Bitcoin Pepe is a new project looking to revolutionise the Bitcoin blockchain. This project is seeking to leverage the liquidity and security of the Bitcoin blockchain. It will use Bitcoin’s position in the market to introduce memecoins to its ecosystem. The team explained that Bitcoin Pepe is a layer-2 network building on the Bitcoin blockchain. It is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network. As a L2 network, Bitcoin Pepe will build a home for memecoin activities within the Bitcoin ecosystem. This will help it unlock decentralized finance (DeFi) and meme trading on top of BTC. Bitcoin Pepe is also the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain, making…
Filed under: News - @ March 2, 2025 8:13 am