Coinbase Launches 24/7 Altcoin Futures Trading for XRP, SOL, and ADA

Coinbase has announced the launch of 24/7 futures trading for XRP, Solana, and Cardano. This move marks a significant step towards facilitating institutional participation in the altcoin market. Coinbase seeks to attract institutional traders by offering regulated options with continuous access throughout the day. The integration of futures trading into existing cryptocurrency offerings aims to boost liquidity and enhance price discovery. The launch positions Coinbase as the first U.S. CFTC-regulated exchange to offer 24/7 futures for these altcoins, establishing a precedent for future regulatory compliance in the crypto derivatives market.