CME Group Plans Options for Solana and XRP Futures in October, Hyping Snorter Token’s $3.9M Presale
CME Group prepares to launch Solana options and XRP futures in October, fueling Snorter Token’s almost $4M presale.
The Chicago Mercantile Exchange Group (CME) plans to introduce options for Solana and XRP futures on October 13.
The options contracts will apply to ‘SOL, Micro SOL, XRP, and Micro XRP futures, with expiries available every day of the business week, every month and every quarter’, according to the official press release.
The Global Head of Cryptocurrency Products at CME, Giovanni Vicioso, declared that:
‘The launch of options on Solana and XRP futures is the latest example of the move beyond the staples of bitcoin and ether and demonstrates continued demand from the market to have exposure to a broader set of products.’
This move comes as Solana futures are outperforming expectations, with over 540,000 contracts trading since launch on March 17. The news could be the fuel $SOL needed to push past $250, after it briefly showed its head above $249 this last Sunday.
In light of this recent announcement, Solana-based Snorter Token’s ($SNORT) almost $4M presale could see an increase in investor engagement soon.
The Futures Market is Expanding in the US
It was the CME Group, along with the Chicago Board Options Exchange (CBOE), who released the first US futures trading in 2017 for none other than Bitcoin.
The same CME release Micro Ether futures precisely four years later, in 2021, which, according to Tim McCourt, Head of Equity Index and Alternative Investment Products at CME, proved beneficial for $ETH.
He claims $ETH’s price has more than doubled since that happened, which opened the doors to more market participants.
Now is Solana’s and XRP’s turn, which shows progress and the need for asset diversification. It also speaks to what the markets want, and we can see this sentiment on Solana’s chart.
$SOL is up 35% over the past 30 days and 90% over the past year, with steady growth since April 16, 2025.
If this means anything, it’s one thing: the market is ready for the next big move, and CME’s options are exactly that. Coinbase already set the stage after releasing its CFTC-regulated futures for $SOL and $HBAR in February this year.
Plus, Trump’s GENIUS Act, currently in the implementation phase, is the main catalyst for a stronger, more stable, and more trustworthy crypto market.
This reflects in $SOL’s performance over the past year and brings more fuel to the Snorter Token’s $3.9M presale fire.
How Snorter Token Turns Novice Traders in Pro Coin Hunters
Snorter Token ($SNORT) is the official coin of the Snorter ecosystem, which feeds the Snorter Bot. This is the sniper rifle-proficient Aardvark whose sole mission is to turn novice traders into successful coin hunters with minimal effort.
To achieve that, the Bot addresses some of the problems linked to manual coin hunting, like the risk of running into scam projects and the high skill gap between beginners and pros.
The first has an easy fix thanks to Snorter Bot’s native scam detectors, which highlight and avoid any suspicious project that could honeypot or rug pull you.
The Bot’s automated sniping, customizable activity, and fast reaction times eliminate the second problem. Not only can you customize the Bot to fit your investment strategy, but you can also rely on the Copy Trading feature to benefit from other traders’ strategies.
But given that coin hunting is a game measured in seconds, is the Bot fast enough? According to the official whitepaper, Snorter Bot may just be the fastest and most reactive trading companion you can get:
‘[…] The bot monitors liquidity in real time and executes a buy as soon as funds are detected, while applying slippage and tax rules to avoid failed or penalized trades.’
Plus, Snorter Bot only operates in its Telegram chat; no more multiple wallets scattered around different exchanges or browser extensions to help you track and personalize your trading activity.
The presale is enjoying increased investor support, as it raised $3.98M so far, with $SNORT valued at $0.1047. The token’s low presale price is the strongest incentive for an early investment, alongside the 117% staking APY.
If you want to get your fair share of $SNORTs, visit the official presale page first to learn more about the project, then get your tokens while they’re still cheap.
This isn’t financial advice. Do your own research (DYOR) and invest wisely.
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
