📈 XRP (XRP)

Current Price: ~$1.29 - $1.31

Top News

CME Group is officially launching 24/7 trading for XRP futures today, May 29, at 4:00 p.m. CT. This major update expands the digital asset futures market by providing continuous, round-the-clock access to both standard and Micro XRP futures contracts. To ensure consistent order book depth and tight spreads during off-hours, CME is actively utilizing a market-maker incentive program that will run through January 2027.

On the spot market, XRP recently dropped from $1.3267 to around $1.2993, facing heavy selling pressure that pushed the token below a critical support zone. Because of this recent weakness, market sentiment has plunged into extreme fear territory, and the 30-day MVRV ratio has dropped to its lowest level since December 2020. Despite the negativity, some market analysts argue that this level of extreme fear has historically increased the chances of a short-term price bounce.

Zooming out, XRP remains down more than 60% from its July 2025 cycle high of $3.65, but the underlying setup still shows promise. Growing institutional interest, fueled by spot XRP ETF inflows and rising transaction activity on the XRP Ledger, is creating a strong fundamental backdrop. Market observers emphasize that any potential return to the $3 level in 2026 will largely depend on broader crypto market recovery, renewed ETF demand, and continued regulatory clarity.