$XRP
The Chicago Mercantile Exchange (CME) is preparing to launch XRP futures contracts on May 19, indicating interest from large financial institutions. Futures contracts typically pave the way for the launch of exchange-traded funds (ETFs), as seen with Bitcoin and Ethereum. With the legal situation for Ripple improving in the United States, the price of XRP has risen to about $2.50, amid whale purchases of $1.66 billion over three weeks. If a small portion of index fund money flows into XRP, its market value could increase by 22%.
Active trading, particularly in South Korea, confirms strong momentum, despite ongoing legal concerns. However, the publication warns against trading futures contracts.
