XRP Futures Trading on Coinbase: A Step Closer to Mainstream Adoption?

As the cryptocurrency market continues to evolve, major exchanges are constantly looking for ways to innovate and provide investors with more options. Coinbase, one of the leading cryptocurrency exchanges, has recently made a significant move by filing for self-certification of XRP futures on its derivatives exchange, regulated by the CFTC. This development not only signals a step towards mainstream adoption of XRP but also raises questions about the future price targets for the digital asset.

Coinbase Files for XRP Futures Trading

Coinbase Derivatives, a derivatives exchange regulated by the CFTC, has filed to self-certify XRP futures. This move aims to provide a regulated, capital-efficient way for investors to gain exposure to one of the most liquid digital assets. The exchange anticipates the contract going live on April 21, 2025, with more details to come as the launch approaches.

Ripple: In What Year Will XRP Hit $10?

Ripple (XRP) has been trending in the cryptocurrency market. Despite facing multiple legal barriers, the token has reached the top of the market radar. Currently trading at $2.04, XRP has breached the $2 mark. Investors are curious about its long-term future. Nearly 18 organizations have filed for an XRP ETF, which guarantees a bullish price surge for the token once approved.

XRP Lawsuit Hit With Emergency Motion Over ‘Decisive Evidence’

A surprising new filing has appeared in the XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs. The filing promises ’decisive evidence’ in favor of the defendants and broader ’liberty for the American people.’ The emergency request was filed by Justin W. Koerner, but it doesn’t make clear what the so-called ’decisive evidence’ is or how it would benefit Ripple. The news was broken by FOX Business journalist Eleanor Terrett.

XRP Market Signals Strength As Active Addresses Count Increase Sharply

XRP has remained a notable contender in the crypto market, reaching a new all-time high in the ongoing bull market cycle. Despite dropping by more than 30% from its current high, analysts anticipate another surge due to increasing network activity. Investors’ interest in XRP has risen, evidenced by a sharp increase in active addresses on its network. Glassnode reports that XRP has become a new retail favorite this cycle.