Coinbase has officially launched CFTC-regulated futures for Solana (SOL) targeting institutional and professional traders. This move comes amid SOL’s recent struggles with a 35% decrease over the past month, yet optimistic frameworks may signal a turnaround.
SOL’s price has slightly recovered, currently at around 171 USD. If interest from institutional investors continues to grow, forecasts indicate that SOL could reach between 200 and 300 USD by mid-2025, which may alleviate current concerns regarding the impending unlock of Solana tokens.