- Coinbase has applied to launch XRP futures.
- XRP futures anticipated to change trading patterns.
- Potential increase in XRP trading volume and price volatility.
Coinbase has submitted an application with the CFTC to launch XRP futures, potentially increasing volume and price fluctuations upon their activation on April 21, 2025.
CoinCatcher and Web3 RootData will present the “Crypto 2025: Breaking the Deadlock and New Birth” event on April 8, involving industry leaders such as Adam Jin and Jenny. Meanwhile, Coinbase’s XRP futures are anticipated to significantly alter trading patterns. XRP is expected to experience changes in trading volume and potentially increased price volatility once these futures contracts are live. The community is observing the move closely, expecting an impact similar to previous futures introductions in markets like Bitcoin and Ethereum.
Coinbase’s XRP Futures: A Game Changer for Trading Volume
CoinCatcher and Web3 RootData will present the “Crypto 2025: Breaking the Deadlock and New Birth” event on April 8, involving industry leaders such as Adam Jin and Jenny. Meanwhile, Coinbase’s XRP futures are anticipated to significantly alter trading patterns. XRP is expected to experience changes in trading volume and potentially increased price volatility once these futures contracts are live. The community is observing the move closely, expecting an impact similar to previous futures introductions in markets like Bitcoin and Ethereum.
Based on CoinMarketCap data, XRP is priced at $2.12 with a market cap of $123.52 billion, making up 4.62% of the total market. In the last 24 hours, its price increased by 5.64%, despite a 23.48% dip in trading volume. The circulating supply is currently 58.27 billion out of a maximum 100 billion tokens.
“Our application to the CFTC for launching XRP futures is a milestone in regulatory engagement, setting the stage for new market dynamics for XRP,” said a Coinbase official.
The Coincu research team notes that while market volatility might increase, the alignment of regulated futures with Coinbase could enhance credibility and investor confidence, contributing to the expansion of XRP’s trading frameworks.
XRP Market Metrics and Expert Forecasts
Did you know? XRP’s trading volume currently stands at $5.59 billion, but a 23.48% decrease was noted in the last 24 hours, suggesting increased future interest could reverse this trend.
Based on CoinMarketCap data, XRP is priced at $2.12 with a market cap of $123.52 billion, making up 4.62% of the total market. In the last 24 hours, its price increased by 5.64%, despite a 23.48% dip in trading volume. The circulating supply is currently 58.27 billion out of a maximum 100 billion tokens.
“Our application to the CFTC for launching XRP futures is a milestone in regulatory engagement, setting the stage for new market dynamics for XRP,” said a Coinbase official.
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