Coinbase has filed paperwork with the Commodity Futures Trading Commission (CFTC) to list futures for Solana (SOL) and Hedera (HBAR). They aim to launch these futures by February 18, 2025.

The Solana futures will be sized at 100 SOL. If approved, that would be worth about $24,000. Coinbase is also introducing "nano" Solana contracts, which will consist of five SOL each. For Hedera, the futures contracts will be set at 5,000 HBAR.

This move comes as many players in the crypto space are exploring new products. The recent inauguration of crypto-friendly President Donald Trump has sparked interest. Just last week, the CME Group accidentally published a page about futures for XRP and SOL. They clarified that it was a mistake and no decisions have been made yet regarding those futures.

Coinbase Derivatives, a part of the cryptocurrency exchange, is positioning itself to take advantage of the growing market for crypto derivatives. They are focused on expanding their offerings to meet the demand in this evolving landscape.