Solana Won’t Hit $238K Soon: Harsh Predictions Amid Coinbase Listing Solana Futures

• Solana futures are coming as Coinbase Derivatives prepares to list SOL and HBAR on Feb. 18, offering cash-settled contracts.
• Institutional interest in crypto products has surged after Trump’s election, with CME mistakenly posting SOL and XRP futures pages.
• SOL and XRP have high long-term targets, but ETFs could accelerate their price growth sooner than expected.

Solana futures are set to debut as Coinbase Derivatives moves forward. The exchange’s subsidiary has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The launch is scheduled for February 18, with contracts settling monthly in cash, pending approval.

The proposed Solana futures contract will be sized at 100 SOL. At current prices, this equates to about $24,000. A smaller “nano” contract will include five SOL. Hedera futures will be set at 5,000 tokens per contract.

This move follows a growing trend in the crypto space. Institutional investors are showing more interest in structured products. Futures contracts allow traders to hedge their positions and speculate on future prices. More liquidity often follows such listings, which could impact SOL and HBAR’s volatility.

The timing of this development is noteworthy. Several financial institutions have ramped up crypto-related offerings following the election of President Donald Trump. Just last week, the Chicago Mercantile Exchange (CME) mistakenly published pages for XRP and SOL futures. CME later stated this was an error, yet it sparked speculation about future listings.

Long-Term Price Predictions for Solana and XRP

According to Changelly, Solana will not reach $238,948.62 anytime soon. The platform forecasts SOL could hit a maximum of $55,970 by December 2050. For a $1,000 investment in XRP today to turn into $1 million, the asset would need to reach $3,110 per coin. Changelly predicts XRP may trade as high as $525.55 in 2050, making the $3,110 target seem distant.

There is always a possibility that SOL or XRP could reach these levels sooner than expected. The cryptocurrency sector is evolving at a rapid pace. Spot ETFs for SOL and XRP could be the next catalyst. If approved, ETFs could push institutional demand to new heights.

Despite bullish prospects, no one knows which asset will hit its long-term target first. What is clear is that institutional adoption is accelerating. Coinbase’s futures listing, along with potential ETF approvals, could reshape the market in the years to come.

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