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Coinbase’s CFTC-Regulated XRP Futures Launch Marks Institutional Milestone Amid Security Concerns

Coinbase’s CFTC-Regulated XRP Futures Launch Marks Institutional Milestone Amid Security Concerns

Author:
XRP News
Published:
2025-04-22 20:56:21
16
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Coinbase has launched CFTC-regulated XRP futures, a significant step toward institutional adoption of Ripple’s native token. However, the announcement coincides with reports of a compromised XRP Ledger Developer Kit, raising security concerns for crypto wallets. Analysts suggest these developments could significantly influence XRP’s price trajectory in the coming months.

Coinbase Launches CFTC-Regulated XRP Futures

Ripple’s native token XRP is gaining traction with the launch of CFTC-regulated futures on Coinbase. This move is seen as a critical milestone for institutional adoption and marks another step in legitimizing XRP within the broader financial ecosystem. Analysts and traders are closely watching as regulatory and institutional shifts could redefine the XRP price trajectory in the coming months.

XRP Ledger Developer Kit Compromised, Risking Crypto Wallets

The XRP Ledger’s JavaScript SDK was compromised, with versions v4.2.1 through v4.2.4 and v2.14.2 containing a backdoor to steal wallet private keys. The anomaly was flagged by Aikido Security’s automated threat monitoring platform when NPM user ’mukulljangid’ published unauthorized versions of the XRPL package. This poses a severe risk to crypto wallets relying on the software.

XRP’s Rise and Potential to Replace Bitcoin as Digital Gold

XRP has seen significant growth in 2025, hitting a peak of $3.40 after Ripple’s victory in its legal battle with the SEC. With Bitcoin losing its status as a ’safe haven’ and Ethereum in decline, XRP stands out as a competitor to Bitcoin’s ’digital Gold’ narrative. Long-term holders have been rewarded, and institutional trust in XRP has increased following the lawsuit victory.

XRP Eyes Rotation to Channel High

XRP has recently defended a key value area low around $2 after printing a swing failure pattern at $1.60. This rejection of the lows offers a bullish signal and sets up a potential 15% move toward the value area high, which aligns with descending channel resistance on the daily timeframe. While the setup looks promising, volume confirmation will be essential to sustain the move. Price remains active within the bounds of this structure, offering rotational trade opportunities.

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