About Ripple

TL;DR XRP broke above $2.00 and remains on an upward trend, driven by a macroeconomic environment that favors risk assets and key technical support. The announcement of a possible Franklin Templeton ETF based on XRP strengthened institutional interest and added extra momentum to the token.

XRP, the fourth-largest digital asset by market capitalization, is experiencing bullish sentiments with a massive surge in trading volume and a significant uptick in price. The coin rose by 124.3% in volume or $5.92 billion, sparking hopes of new price levels.

The Securities and Exchange Commission has a new chairman, and many prominent figures in the industry are rushing to weigh in on the new sheriff in town. Paul Atkins, who officially took office on April 22, opened his speech with a message of direction and reform.

Trading-desk watchers received a fresh dose of long-term optimism for X on Tuesday after crypto analytics boutique Sistine Research published a multi-year XRP/US Dollar chart pointing to an eventual advance into the $33 to $50 region. The chart they circulated on X shows that the 2,500-day symmetrical triangle dating back to the January 2018 top actually resolved to the upside in mid-November 2024, when a single, outsized green candle catapulted XRP north.

An XRP Ledger (XRPL) validator has warned projects and developers that the network is compromised. He revealed some critical issues on the network, which put users and their funds at risk of an exploit.

If you're following developments in the cryptocurrency market, you've likely noticed that Coinbase Derivatives has introduced XRP futures contracts to its US derivatives exchange. This move is part of a broader trend where regulated platforms are expanding access to futures trading, giving investors new ways to engage with digital assets like XRP (XRP).But what exactly are XRP futures?