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CME Exchange Announces XRP Futures Launch, Fueling $3 Price Target Optimism

CME Exchange Announces XRP Futures Launch, Fueling $3 Price Target Optimism

Published:
2025-04-24 16:51:14
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CME exchange News -

The CME Group’s introduction of XRP futures contracts, set to debut on May 19, has sparked bullish momentum among traders. Ripple CEO Brad Garlinghouse praised the development as a watershed moment for institutional adoption, stating on Twitter: "While long overdue in many respects, this represents a critical and exciting milestone."

This derivatives offering lends regulatory legitimacy to XRP, historically one of cryptocurrency’s most heavily scrutinized assets. market analysts are now targeting the $3 price level, with CME’s involvement viewed as a key driver for enhanced liquidity and more robust price discovery mechanisms.

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