XRP Climbs to $2.13 as CME Futures Launch and SEC Settlement Drive Institutional Momentum
XRP is trading 1.55% higher on Wednesday at $2.13, up 18.3% over the past month as institutional interest, favorable legal momentum, and a growing derivatives market drive renewed confidence in Ripple’s native token.
CME Group will launch XRP futures on May 19, marking a watershed moment for the token’s accessibility to institutional investors. The move brings XRP into the same arena as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which both saw price appreciation after debuting futures markets on CME.
XRP daily transactions have surged to over $5.3 billion in anticipation, with active wallet addresses skyrocketing more than 600% in the last week.
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Ripple’s legal battle with the SEC continues to trend in its favor. The regulator dropped …
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