The milestone highlights an extraordinary surge in institutional demand for XRP, underscoring its growing role in global finance. It places XRP alongside Bitcoin, Ethereum, and Solana in CME’s elite billion-dollar futures club, cementing its position as one of the most-watched assets in digital markets.

CME Milestone Highlights Institutional Demand for XRP

The CME Group confirmed on August 25 that its entire crypto futures suite surpassed $30 billion in notional open interest for the first time. Within that, XRP’s rapid rise stood out. According to CME, both Solana and XRP futures topped $1 billion, but XRP hit the mark at record speed.

CME Group’s crypto futures suite surpassed $30B in open interest, with XRP becoming the fastest contract to cross $1B in just over three months. Source: CME Group via X

For institutions, CME’s regulated futures—settling to the CME CF XRP-Dollar Reference Rate and supervised by the CFTC—offer trusted access to a volatile market. Analysts say the surge reflects confidence in XRP’s role within diversified portfolios, especially as traditional finance integrates crypto exposure through compliant instruments.

XRP Price Action Struggles Despite Derivatives Boom

While XRP futures surged, the price of XRP today has battled to stay above $3. On August 25, heavy trading volume sent the token tumbling from $2.96 to $2.84, a level described as “critical support” by traders. Institutional buying quickly stepped in, lifting XRP back to $2.92 by session’s end.

XRP was trading at around $2.99, up 3.43% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Brave New Coin data shows XRP price hovering around $2.99 on August 27, marking a 3.43% daily drop and a 3% weekly decline. The asset remains nearly 20% below its July peak of $3.65, yet is still up close to 390% year-on-year.

Technical signals point to further testing of lower levels. Bollinger Bands have tightened, RSI sits in neutral territory, and analysts warn of a possible retest between $2.60 and $2.00. Still, a convincing breakout above $3.10 could trigger a move toward $3.40, with bulls eyeing $3.70 as the next upside target if current support holds.

Ripple Ecosystem Expansion Adds Momentum

Beyond derivatives, Ripple Labs has been busy extending XRP’s utility. Recent reports highlight a partnership with Gemini to launch an XRP-focused credit card, integrated with Ripple’s RLUSD stablecoin. This follows Ripple’s backing of Gemini’s IPO efforts, showcasing its push to expand XRP’s role in payments, tokenization, and broader adoption.

Gemini launched the XRP Edition of its Credit Card on August 25, 2025. Source: Diana via X

Corporate remittance pilots also keep XRP relevant in global finance, even as ongoing regulatory pressures—especially around the Ripple vs SEC lawsuit—continue to weigh on sentiment.

Renewed Speculation Over Spot XRP ETF

The derivatives breakthrough has also reignited XRP ETF news. Several asset managers—including 21Shares, Bitwise, Grayscale, and Canary Capital—have pending filings with the SEC for spot XRP ETFs.

Institutional demand for XRP ETFs is being underestimated, with XRP emerging as one of the most sought-after and liquid assets in current ETF applications. Source: SMQKE via X

Nate Geraci, president of ETF consultancy NovaDius Wealth, pointed out: “CME Group says XRP futures contracts crossed $1 billion open interest in just over three months—the fastest ever. With nearly $800 million already in futures-based XRP ETFs, demand for a spot product is likely being underestimated.”

Given how the SEC has treated Bitcoin and Ethereum ETF approvals, analysts believe strong futures liquidity could strengthen the case for a U.S. spot XRP ETF. Such a development would be a major catalyst for XRP price predictions for 2025 and beyond.

Outlook: Will XRP Go Up Next?

The CME milestone firmly places XRP among the most actively traded crypto futures globally. While the XRP price today faces resistance and technical uncertainty, institutional appetite suggests the long-term trajectory could remain bullish.

If ETF approval materializes and Ripple continues expanding its ecosystem, traders argue that XRP price predictions for 2025 and 2030 may need upward revision. For now, all eyes remain on whether XRP can reclaim $3.10 and hold momentum toward $3.70 in the weeks ahead.

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Filed under: Bitcoin - @ August 27, 2025 8:18 pm