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XRP News Today: Coinbase TAS Launch Imminent - How Will Price React?

XRP News Today: Coinbase TAS Launch Imminent - How Will Price React?

CoingabbarEN
Release Time:
2026-04-23 08:30:00
0

XRP faces potential volatility as Coinbase prepares to launch its Trade at Settlement (TAS) service for XRP-linked futures on May 1, 2026. The platform's expansion into nano and standard futures contracts arrives amid a fragile 0.89% weekly gain, setting the stage for a decisive price move as institutional hedging tools go live.

XRP News: Coinbase Futures Plan Meets Fresh ETF Demand

Coinbase said traders will soon be able to use Trade at Settlement, or TAS, for futures on the asset. TAS lets traders place trades near the official settlement price. That can help futures users manage end-of-day risk with more precision.

Coinbase TAS plan

The timing stands out. April 2026 has been the token's strongest month since September 2025. It has gained high over the past week after the SEC dropped its lawsuit against Ripple Labs.

That legal shift removed a long-running cloud.

What XRP Flows and Whales are Showing?

CoinMarketCap placed the coin price around $1.35 to $1.50 range from April 17 to April 23. The tone looked slightly bullish after it reclaimed short-term moving averages. Still, the 100-day EMA near $1.54 remains the next key test.

XRP Price today

Another signal came from larger holders. Wallets with big balances added roughly $500 million in tokens. At the same time, spot ETF products posted seven straight days of net inflows in April 2026.

Those two facts point to steady demand.

What could shape XRP next?

Ripple also signed its first deal with a Korean insurer. The deal targets near real-time settlement of Korean treasuries. That adds a fresh business use case outside the usual trading story.

The setup looks firmer than it did months ago. Legal pressure has eased. New futures tools are coming. Fresh inflows have arrived. Even so, the $1.54 area now looks like the line that could shape the next move.

Conclusion

XRP News now sits at a useful crossroads. Demand has improved, yet resistance still caps the near term. If flows stay firm and the May 1 Coinbase launch lands smoothly, sentiment could stay supported. For now, watch whether the price holds recent higher lows while broader crypto demand stays steady through the next sessions.

This content is for information only. It is not financial advice, investment advice, trading advice, or a recommendation to buy, sell, or hold any asset. Crypto assets can be highly volatile. Always verify facts, assess your own risk, and speak with a licensed financial adviser before making any financial decision.

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