📊 Current Performance of XRP:
XRP is currently trading at a price of $2.39, with a daily trading range between $2.31 and $2.39.
🗓️ Upcoming Key Events:
1. Launch of XRP Futures Contracts at CME Group – May 19, 2025
CME Group, the world's largest derivatives exchange, is preparing to launch XRP futures contracts on May 19, 2025. This event is considered an important step toward enhancing the legitimacy of XRP and attracting institutional investors.
2. Legal Developments with the U.S. Securities and Exchange Commission (SEC):
On May 15, 2025, the federal court rejected a proposed settlement between Ripple and the SEC, meaning the case will continue and a final decision is postponed.
📈 Future Predictions and Analysis:
Short-term Predictions: Analysts expect XRP's price to range between $2.14 and $2.44 during May 2025.
Long-term Predictions: Some estimates suggest the price could reach $5.50 in 2025, $8.00 in 2026, with the possibility of exceeding $10.00 in 2027.
🧠 Summary
XRP is experiencing a critical period with the upcoming launch of its futures contracts at CME Group and ongoing legal challenges with the SEC. While these developments present growth opportunities, they also carry risks that investors must consider.