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The cryptocurrency landscape is rapidly evolving, with digital assets gaining unprecedented attention on the global stage. In a significant development, the US President has signed an executive order to establish a strategic cryptocurrency reserve, which will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Could this signal a major shift in how cryptocurrencies are recognised and how will it impact crypto’s market value?
What is Solana?
Solana is a high-performance blockchain designed for decentralised applications and crypto projects, known for its fast transactions and low fees. With its growing adoption, Solana Futures offer a way to track price movements within a regulated framework. Follow these links to view the contract specifications for the new Solana and Micro Solana Futures contracts now:
Comprehensive Suite of Cryptocurrency Futures & CFDs
In addition to CME Solana Futures, you can access a wide range of cryptocurrency products, including Crypto CFDs for Bitcoin, Ethereum, Litecoin, Ripple, as well as newly launched Crypto CFDs for Solana, Cardano, and Dogecoin (currently available on Phillip MT5, soon to be added on Phillip Nova 2.0). These products provide additional exposure to digital assets, allowing traders to engage with crypto price movements. Find out more here.
Note: Trading of cryptocurrencies or crypto derivatives carries significant risk and may not be suitable for all investors. Please visit our website (www.phillipnova.com.sg) for more details.
