XRP Surpasses $151 Billion Market Cap amid CME Futures Launch
By: crypto news australia|2025/05/14 14:00:19
0
Share
XRP has regained its position as the third-largest cryptocurrency by market capitalisation at US$151 billion, overtaking Tether (USDT) for the second time in recent days.CME Group has officially announced XRP futures will launch on 19 May, offering both micro contracts (2,500 XRP) suitable for retail traders and standard contracts (50,000 XRP) for institutional investors.Both contract types will be cash-settled daily against the CME CF XRP-Dollar Reference Rate, providing transparent pricing without requiring actual token delivery.The announcement follows an earlier website error in January when CME prematurely reported plans for XRP futures, which Bloomberg analyst James Seyffart had commented “makes sense” even at that time.XRP has reclaimed its third spot on the market-capitalisation list after reaching it yesterday and temporarily slipping back to fourth within hours. It has now hit a market capitalisation of US$151 billion (AU$233.1 billion), pushing it past Tether (USDT) once again.While the market cap climbed by 2.5 per cent, XRP’s trading volume is down 43 per cent over the past 24 hours at US$6 billion (AU$9.3 billion). The price of XRP rose 2.5 per cent in the same period, trading at US$2.56 (AU$3.95) at the time of writing.Yesterday’s price gains seem linked to rumours of an XRP exchange-traded fund (ETF), and ETF news is still dominating the narrative. Mark your calendars and get ready to expand your crypto portfolio with XRP futures starting May 19. Trade your market view with confidence with CFTC-regulated XRP futures, available in larger- and micro-sized contracts. https://t.co/QKapp7sxi6 pic.twitter.com/Xnys8py1Du— CME Group (@CMEGroup) May 13, 2025Read also: Australia Appoints Pro-Crypto MP Andrew Charlton as Assistant Minister for the Digital EconomyXRP Futures Arrive 19 MayCME Group is launching XRP futures on 19 May and offers two contract sizes to suit different traders:Micro contracts (2,500 XRP): feature lower margin requirements, making them accessible to retail traders and smaller institutions; they also allow precise position sizing and smaller-scale hedging strategies.Standard contracts (50,000 XRP): provide deeper liquidity and tighter spreads for larger institutions and high-frequency traders, enabling efficient hedging of substantial XRP exposures.Source: CME GroupBoth contract types are cash-settled daily against the CME CF XRP-Dollar Reference Rate, offering transparent pricing without requiring token delivery.Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, said that interest in XRP and the XRP Ledger continues to grow “as institutional and retail adoption for the network grows”.He added that they are eager to launch these futures “to provide a capital-efficient toolset to support clients’ investment and hedging strategies”. As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens. Giovanni Vicioso, CME Group XRP Futures Error Turns into Real ProductIn January, CME Group clarified that a website announcement indicating that SOL and XRP futures would launch soon was made in error.However, the latest confirmation that these contracts are proceeding is welcome news and, as Bloomberg analyst James Seyffart commented, “makes sense”, echoing his remarks from January when the website error was being discussed.Read also: Coinbase First Crypto Firm to Rocket into S&P 500, Sparks 24% One-Day RallyThe post XRP Surpasses $151 Billion Market Cap amid CME Futures Launch appeared first on Crypto News Australia.
You may also like
Where will South Korea's cryptocurrency taxation head?
There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...
Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats
"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."
Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing
Overview of Important Market Events on April 29
Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions
The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...
Dan Bin takes action, building a position in Circle
If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.
The Impossible Triangle of DeFi Lending
Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.
Bitcoin ETF News: Why Bitcoin Is Falling Even After $2.43B ETF Inflows in April
Bitcoin ETF news today shows $2.43B in April inflows as institutions absorbed thousands of BTC, yet the price dropped from $79K to $76K. Traders are now watching whether the $80K resistance breaks or triggers another pullback.
What Is RWA in Crypto? Real-World Assets Explained (2026 Guide)
What Is RWA in Crypto?RWA stands for Real-World Assets — traditional financial assets like bonds, real estate, gold, and private credit that have been converted into blockchain tokens.
Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil
The narrative of RWA is not about traditional finance trying to capture crypto users, but rather crypto trying to capture traditional users.
Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think
Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.
Oracle: The Second Battlefield Behind the Prediction Market War
By 2026, the oracle track has essentially evolved from the early "data pipeline" into a "verifiable facts layer" that supports the entire on-chain economy, and prediction markets serve as a magnifying glass to observe the competition in this red ocean.
a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."
The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure
Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S
Overview of Important Market Events on April 28
From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic
This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...
Why Private Credit Became the First True Bridge from TradFi to DeFi
Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.
Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital
Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.
When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products
Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.
My view on blockchain has changed
In-depth Reflection on the Value of Blockchain Applications and the Time Dimension
Where will South Korea's cryptocurrency taxation head?
There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...
Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats
"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."
Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing
Overview of Important Market Events on April 29
Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions
The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...
Dan Bin takes action, building a position in Circle
If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.
The Impossible Triangle of DeFi Lending
Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com