XRP Price Prediction: Ripple Futures Open Interest Tops $1B at CME, With $3.70 Eyed Next

XRP Price Prediction: Ripple Futures Open Interest Tops $1B at CME, With $3.70 Eyed Next

News BackgroundCME Group said its crypto futures suite has surpassed $30 billion in notional open interest for the first time, with SOL and XRP futures each crossing $1 billion. XRP became the fastest contract to hit the milestone, doing so in just over three months.The development is viewed as a signal of market maturity and new institutional capital entering derivatives.Broader crypto markets remained firm into late August, though regulatory o…

XRP Futures Hit $1B Open Interest Fastest in CME History

XRP futures passed $1B open interest in three months at CME, showing strong demand. XRP futures contracts hit $1B daily turnover on Aug 25, lifting total volume to $9.02B. Analysts believe rising futures activity may bring faster approval for spot ETFs. XRP set a new benchmark at the Chicago Mercantile Exchange (CME), Wall Street’s largest crypto trading venue, by becoming the fastest futures contract in history to surpass $1 billion in open int…

Expert Predicts XRP ETF Demand as CME Futures Become Fastest to Hit $1B OI

The XRP ETF debate has gained significant traction following the official closure of the Ripple vs SEC lawsuit. Nate Geraci, the President of NovaDius Wealth Management and host at ETF Prime Podcast, believes there will be organic demand for spot XRP ETFs. Expert Predicts Demand For The XRP ETFs In an X post, Geraci opined The post Expert Predicts XRP ETF Demand as CME Futures Become Fastest to Hit $1B OI appeared first on CoinGape.

XRP price crashes as CME futures open interest surges: buy the dip?

XRP price crashed below the support at $3, coinciding with the ongoing crypto market crash. Ripple (XRP) token was trading at $2.9380, down by 20% from its highest point this year, meaning it has moved into a bear market. Still,…

XRP Futures Hit $1 Billion Open Interest on CME

XRP futures on the CME Group have just made history by becoming the fastest crypto contract ever to reach $1 billion in open interest, according to CryptoPotato—from there, it soared into rarefied territory with Bitcoin and Ethereum status. This milestone speaks volumes about institutional interest in XRP and the growing maturity of the crypto derivatives space.  A New Speed Record in Derivatives Ripple’s XRP futures didn’t take their sweet time…

XRP Shatters Records: Fastest to $1B Open Interest on CME Futures

XRP has set a new benchmark for institutional adoption, becoming the quickest contract ever to reach $1 billion in open interest on the CME Group’s derivatives marketplace. The achievement places XRP futures alongside Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in CME’s “$1B club,” a level often...