XRP News Today: XRP Gains Traction as Coinbase Launches Futures & South Korea Favors Ripple Over Bitcoin

2 hours ago 1

Rommie Analytics

 XRP Gains Traction as Coinbase Launches Futures & South Korea Favors Ripple Over Bitcoin

From regulated futures on Coinbase to record-breaking demand in South Korea, Ripple’s native token is making waves despite stagnant short-term performance. Analysts and traders are watching closely, as both regulatory and institutional shifts could redefine the XRP price trajectory in the coming months.

Regulated XRP Futures Go Live on Coinbase

Coinbase has officially launched CFTC-regulated XRP futures, a move seen as a critical milestone for institutional adoption. These futures contracts, approved earlier this month, now allow regulated exposure to the Ripple-linked asset, marking another step in legitimizing XRP within the broader financial ecosystem.

Regulated XRP Futures Go Live on Coinbase

Coinbase Derivatives LLC has officially launched CFTC-regulated futures contracts for XRP. Source: Coinbase Institutional via X

“This is more than just a product launch—it’s about giving institutions a safe, compliant avenue to engage with XRP,” one market strategist explained. Unlike earlier iterations from Bitnomial, Coinbase’s futures debut signals growing demand from traditional finance players who have been waiting for regulatory clarity.

Regulated crypto futures are often viewed as precursors to spot exchange-traded funds (ETFs). According to a recent Kaiko report, XRP has even overtaken Solana in the U.S. spot ETF race, thanks to its deepening market liquidity. Over a dozen XRP ETF applications are now awaiting review—another potential catalyst for a future price rally.

XRP Dominates Trading in South Korea

Across the Pacific, South Korea has emerged as a major hub for Ripple XRP news, where the token has consistently outperformed Bitcoin in trading volume. On Upbit—Korea’s leading exchange—XRP’s daily trading recently surpassed $6 billion, accounting for over a third of total volume.

XRP Dominates Trading in South Korea

A major whale has acquired $19.6 million worth of XRP on Upbit, highlighting South Korea’s growing influence in the XRP market. Source: Nicole via X

More than 3.5 million South Koreans reportedly hold XRP, representing a significant percentage of the population. Analysts attribute this local enthusiasm to the token’s utility in cross-border transactions and its appeal as a stable alternative amid ongoing geopolitical uncertainty.

“There’s clearly strong faith in XRP’s practical use case,” noted an analyst from Seoul. “Unlike speculative tokens, XRP solves real problems in international finance—something Korean traders understand well.”

This robust demand comes as XRP approaches key price levels. With the token hovering near $2.15, just below resistance at $2.20, technical analysts suggest it could rise toward $2.29 if buying pressure continues. This has further fueled XRP price prediction discussions across global markets.

SEC Shake-Up Renews Optimism for Ripple Lawsuit

Adding to the momentum is the appointment of Paul Atkins as the new SEC Chair, replacing Gary Gensler. Atkins, a known proponent of digital innovation, is expected to steer the agency in a more crypto-friendly direction. His arrival has reignited speculation about a resolution to the XRP lawsuit, which has long clouded Ripple’s future.

SEC Shake-Up Renews Optimism for Ripple Lawsuit

Paul Atkins is now SEC Chair, marking a potential shift toward pro-crypto regulation. Source: JackTheRippler via X

Insiders believe the SEC may now be more inclined to withdraw its appeal in the ongoing legal battle concerning XRP’s classification as a security. Such a move would not only end the years-long standoff but could also clear the path for an XRP spot ETF—a potentially transformative moment for the Ripple market.

“Having your coin get ETF-ized is like being in a band and getting your songs added to all the streaming platforms,” said Bloomberg’s Senior ETF Analyst Eric Balchunas. “It doesn’t guarantee success, but it puts your asset where most investors are.”

Ripple CEO Brad Garlinghouse has previously emphasized the firm’s readiness to expand once the case concludes, pointing to recent acquisitions and partnerships, including the $1.3 billion purchase of Hidden Road, a prime brokerage firm.

Analyst Warns of “Price Trap” Amid Institutional Moves

Despite these favorable developments, XRP value remains under pressure. Currently trading near $2.09, the asset has struggled to break through resistance, even as headlines stack in its favor. Some analysts argue this may be by design.

Analyst Warns of “Price Trap” Amid Institutional Moves

XRP was trading at around $2.10 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

A prominent figure in the XRP community, known as 589Bull, claims the weak price action is a deliberate tactic to shake out retail investors. According to him, institutions are quietly building infrastructure—futures markets, ISIN codes, and ETF pipelines—while suppressing hype to accumulate assets at lower prices.

“Price is not the truth, but the trap,” he said. “XRP is being embedded in the next financial system—but the on-ramp isn’t for retail holders just yet.”

He warns that chasing short-term gains or panicking over dips may cause investors to miss out on the long-term vision, which is gradually being realized behind the scenes.

Looking Forward: A Tipping Point for Ripple XRP?

From Coinbase futures to South Korea’s trading dominance and renewed legal optimism, XRP is firmly back in the spotlight. While its current price may not reflect the full scope of these advancements, the groundwork being laid today could dramatically alter its future.

With Ripple crypto adoption gaining traction, particularly among institutions, and the Ripple lawsuit possibly nearing an end, the pieces may finally be falling into place for a breakout, both legally and financially.

Read Entire Article