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Monero’s XMR Rockets 40% as XRP Leads Crypto Majors Gains
Trading volumes for XMR zoomed from an average of $50 million on a seven-day rolling basis to over $220 million in the past 24 hours
Updated Apr 28, 2025, 9:28 a.m. Published Apr 28, 2025, 6:35 a.m.
What to know:
- Bitcoin traded above $94,800, up 0.7% over 24 hours, with the CoinDesk 20 index 2.2% higher.
- Monero surged as much 40% in 24 hours, with trading volumes increasing significantly, following a possible exploit.
- Crypto market sentiment remains cautiously bullish amid macroeconomic challenges and regulatory changes.
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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