XRP Futures trading volume on the CME reached $63 billion in its first year, reflecting strong institutional interest. Whales have increased their XRP holdings by over 71 million tokens in one week, while spot XRP ETFs saw $97 million inflows in May, led by Bitwise. Open Interest and long positions in XRP derivatives are rising, suggesting a possible new upward trend if price volatility increases. However, price movement remains sideways for now, with potential for a breakout if resistance at $1.38 is overcome.
Tokens linked to real-world assets (RWA) and stable-value tokens reached new all-time highs recently, even as major cryptocurrencies like Bitcoin and Ethereum remain significantly below their previous peak prices. This divergence highlights a fragmen...
Ripple's stablecoin RLUSD reached an all-time high onchain market cap of $1.7 billion, with its circulating supply doubling to about $660 million in just one quarter. Launched in December 2024 and approved by the New York Department of Financial Serv...
Top crypto futures traders increased bullish exposure to Solana, with a notable 4.72 percentage point rise in USD-margined long positions, signaling strong risk appetite. Dogecoin and XRP also maintained heavy long positions across margin types, whil...
Evernorth's chief business officer, Sagar Shah, explained that XRP and RLUSD serve different but complementary roles on the XRP Ledger. XRP acts as a neutral intermediary asset that routes trades and connects liquidity pools without issuer restrictio...
CME Group's XRP futures suite reached $62.87 billion in notional volume in its first year, reflecting growing institutional interest in regulated crypto derivatives. The product lineup includes futures, options, and spot-quoted futures, allowing prof...
