CME Exchange Debuts XRP Futures as Token Holds Steady Near $2.34; Maker and Quant Rally on RWA Momentum
Ripple’s xrp price remained stable around $2.34, experiencing slight declines for the second consecutive day as CME Group introduced cash-settled XRP futures contracts. The Commodity Futures Trading Commission’s classification of XRP as a commodity facilitated institutional and retail engagement, with $2.4 million in trading volume recorded at launch.
Meanwhile, Maker (MKR) and Quant (QNT) continued their upward trajectory following Robinhood’s submission of a real-world asset (RWA) proposal to the SEC. Investor enthusiasm for RWA-linked tokens has reignited, showcasing growing market confidence in blockchain-based asset tokenization.