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Coinbase Launches XRP Futures, Ripple's Price Surge Anticipated

Coin WorldTuesday, Apr 22, 2025 2:34 am ET

1min read

Coinbase Institutional has recently announced the addition of XRP futures contracts to its platform, marking a significant development for Ripple investors. This new feature is now certified by the CFTC and is available on Coinbase Derivatives LLC. The launch follows a previous request by Coinbase to the US Commodity Futures Trading Commission for approval to self-certify the XRP futures products. Coinbase confirmed the launch, stating, “Coinbase Derivatives LLC now offers CFTC-regulated futures for XRP.”

These new futures contracts come in two varieties: an institution-focused product with a 10,000 XRP contract and a retail investor-friendly version called nano, which is a 500 XRP contract. Both contracts are traded in US dollars, making them accessible to a broader range of investors. This move not only increases accessibility but also provides essential risk management features for both institutional and retail investors.

In addition to the launch of XRP futures, there have been other significant developments for Ripple. The recent joint appeal dismissal by both Ripple and the SEC has led to a pause in the lawsuit, allowing time for the two parties to reach an agreement. The proposed settlement includes a reduction in the fine amount from $125 million to $50 million and the lifting of the ban on XRP institutional sales. Furthermore, the recent launch of Teucrium’s 2x leveraged XRP ETF is expected to attract more investors, potentially leading to a bullish price movement for XRP.

Currently, XRP is in a consolidation trend, with the RSI indicating a neutral zone at 47 and the ADX showing a lack of trend strength at 17. There is strong support forming at the $2.00 level and resistance near $2.20. The stability in the RSI moving average suggests an impending change in trend. If XRP breaks through the $2.20 resistance, the price prediction could reach $2.35. For further upward movement, the RSI needs to exceed 60, and the ADX should be near the 25 point, which could potentially drive the XRP price to $2.50.

Another positive development for XRP is Ripple’s acquisition of the Hidden Road brokerage firm. This purchase is expected to expand the XRP ecosystem and increase the adoption of the token. With these fundamental developments building bullish momentum, investors can anticipate a potential price surge for XRP in the near future.

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