As the momentum for cryptocurrency acceptance in the mainstream market continues to grow, Solana (SOL) futures were traded for the first time on the Chicago Mercantile Exchange (CME) in the U.S. derivatives market. In February of this year, CME revealed plans to launch two types of Solana futures contracts: one is a standard contract representing 500 SOL, while the other is a 'micro' contract aimed at retail investors, representing 25 SOL per contract. After Coinbase launched related products in February, these contracts became the first regulated Solana futures to enter the U.S. market. These contracts are settled in cash rather than physical SOL. According to preliminary data from the CME website, nearly 40,000 SOL (approximately $5 million) worth of Solana futures changed hands on the first trading day of the March 17 contract. Early pricing data indicates that traders may hold a bearish outlook on SOL.