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Market Musing-g

Here’s why May 19 will change the history of Ripple

BTCXRP

By Cointribune

2 hours ago

4 mins read

Content

In brief

The CME Group paves the way for the institutionalization of Ripple

A bullish impact expected on the price of XRP

Ripple enters a new era. The Chicago Mercantile Exchange (CME) Group, a global benchmark for derivatives, announces the launch of futures contracts on Ripple. A historic decision that propels XRP into the big leagues and could ignite its price in the coming weeks.

In brief

The CME Group will launch futures contracts on XRP on May 19, 2025, with micro and standard formats.

This announcement formalizes the integration of Ripple into traditional financial markets.

Analysts anticipate a rise in XRP to between $2.80 and $3.50 by July, driven by institutional investors.

$XRP

Additionally

XRP: +600% on-chain activity in 4 days, a sustainable rebound?

An explosive surge in network activity, renewed interest from traders, and a chart flirting with a technical breakout… XRP, often sidelined in recent months, is making a strong comeback. Behind this spectacular awakening lie rarely seen on-chain dynamics and a price at a crossroads. Should we see the return of a giant or just another illusion in the volatile theater of altcoins? A dive into the most discussed comeback of the week.

In brief

XRP records a 600% increase in payments in just four days.

11.7 million transactions processed in 24 hours, a record this year.

The price is attempting to break through resistances at $2.18 and $2.27.

The strong comeback of XRP could aim for a technical target of $2.70.