XRP Primed for Takeoff as CME Futures Launch Signals Wall Street’s Crypto Appetite Grows
Institutional money is finally putting its weight behind XRP—whether that’s a vote of confidence or just another speculative casino for suits remains to be seen.
The big move: CME Group’s new XRP futures contracts went live this week, giving hedge funds and asset managers their first regulated playground to bet on the embattled token. Trading volumes surged 300% on day one—because nothing screams ’healthy market’ like leveraged derivatives.
Why it matters: When Wall Street shows up, prices tend to follow. Bitcoin’s 2020 bull run kicked off six months after CME launched BTC futures. Now XRP gets its turn, with open interest already hitting $240M despite the SEC’s legal overhang.
The cynical take: Banks still won’t touch XRP for actual payments, but they’ll happily trade paper versions of it. Somewhere in Zurich, a Goldman Sachs VP is explaining to clients how this ’uncorrelated asset’ hedges against inflation while his algo flips contracts every 47 seconds.
Ripple Clears Roadblocks, Ready to Embrace Increasing Institutional Adoption
Rumors about a CME XRP futures listing started last April 2025
Ripple Labs may have encountered a regulatory hiccup, but XRP remains on a solid roadmap. In the words of Ripple’s Alderoty, today’s developments don’t change Ripple’s wins. Instead, XRP holders and supporters can count on another victory, this time firming up the company’s argument that it’s expanding the asset’s use cases and institutional adoption.
Chicago-based CME Group recently shared that it’s launching its XRP futures on May 19th. The plan to offer XRP futures comes after the group introduced its SOL-based futures and added pricing indices for XRP last year. The group’s MOVE to introduce pricing indices reflects a growing confidence in XRP among traditional finance institutions.
When the rumor about the XRP futures broke out last month, price targets swirled, with some looking at a possible $2.74 TP. The formal launch of XRP futures coincides with the growing interest in structured cryptocurrency offerings. Some analysts see this announcement as a catalyst for the potential approval of spot ETFs somewhere later this year.
XRP Price Recalibrates, Trading Volume Continues to Increase
XRP repositions and will make another run to $2.60
XRP is currently trading above $2.43, reflecting a slight increase from $2.47, with a 2% drop from yesterday’s close. Ripple’s XRP was one of the top performers in the market in recent days, with its price testing $2.60 multiple times, and briefly topping Tether’s USDT to become the third biggest crypto.
Zooming out the charts, XRP still delivers huge price gains; the crypto is up 17% on a month-over-month basis and an impressive 370% year-on-year growth. In addition, trading volume continues to surge and has increased by 15% to hit over $5.6 billion.
Meet Remittix, The Next-Gen Crypto Set to Flip the PayFi Script
As Ripple Labs continues to hurdle roadblocks and sees increased institutional adoption, another crypto built in the same PayFi model is gaining ground. Remittix, a payment network that’s built on the ethereum blockchain, aims to reinvent cross-border payments. While popular fintech apps like Spribe and Wise already handle cross-border payments, these platforms only allow fiat-to-fiat settlements.
Remittix addresses the gap by allowing crypto-to-fiat transactions, using a smart contract built on the Ethereum chain. The result isn’t just an expansion of cross-border payments applications, but a PayFi solution that’s safe, cost-efficient and truly inclusive. Remittix’s Pay API is safe, with its Ethereum-based smart contract rated ‘Very Safe’ by Blocksafu.
The project’s native token, RTX, is currently in pre-sale and priced at $0.0757 and set for another increase to $0.0781, which extends the growing gains of early adopters. With less than 20% of the token supply up for grabs, now is the best time to buy in, join the growing Remittix community and potentially collect a life-changing ROI upon listing.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
