XRP Soars 50.7% In Key Stats Amid Largest-Ever Futures Listing

Rippleโ€™s native crypto regains market confidence as the Chicago Mercantile Exchange gets ready to open up XRP trades.

Business man walking towards the peak of the mountain and on top of the peak there is a hand dropping XRP coins.
Created by Kornelija Poderskytฤ— from DailyCoin

The largest-ever XRP coin listing on Derivatives markets is bound to see the light of day later this month, potentially resulting in eventual price appreciation. CME Group, the largest global provider of Derivatives trading, is bound to open leveraged XRP price trading on their stock exchange effective on May 19, 2025.

Upon the first day of trading on the globeโ€™s largest operator of Derivatives markets, the leveraged contract will go live with 50,000 XRP as one contract unit, as defined by the CME CF XRP-Dollar Reference Rate. Moreover, the settlement procedures will follow that of Bitcoinโ€™s (BTC), which can be found in the rulebook on CMEโ€™s website.

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Even though thereโ€™s still two weeks of time before this major XRP breakthrough happens, itโ€™s crystal clear that the bullish news is already moving Derivatives markets. XRPโ€™s options plays, popularly known as the Options Volume (OV) on Derivatives, have soared in triple digits since CME confirmed the XRP Futures listing on their stock exchange.

XRP Daily Derivatives Trades To Exceed $5B?

Digging into the daily Derivatives market trends, we can establish that the twist is already taking place. According to blockchain analytics platform CoinGlass, a wave of bullish Ripple (XRP) price predictions on the speculative markets has boosted the trading volume by 50.73% over the past 24 hours, summing up to $4.96 billion in the daily timeframe.

As we can see in the table above, the Open Interest (OI), or unsettled plays on Ripple (XRP) price, has kept steady at $3.6 billion since yesterday, even though the volume on both XRP Futures and XRP Options picked up significantly.

From one perspective, this hints at crypto traders using leverage playing it more safely than usual. On the other hand, Ripple (XRP) price at phased consolidation mode has brought more hurdles for XRP believers than short-sellers.

On The Flipside

  • According to the liquidation stats from CoinGlass, XRP bulls got wiped out of $13 million in two days in opposition to $3 million liquidations in over-leveraged short XRP price placements.

Why This Matters

Adoption in a highly-regulated traditional stock exchange environment enables investors without blockchain experience to invest in XRP without participating directly in crypto trading.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaลกevskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

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