TLDR
- XRP futures on CME Group crossed $1 billion open interest milestone in record time
- XRP trading between $2.84-$3.02 with recent 4.06% growth in 24 hours
- Technical analysts identify bull flag pattern potentially signaling a move toward $5.00
- $25.02 million in net inflows on August 25 showing renewed investor confidence
- CME’s total crypto futures suite surpassed $30 billion in notional open interest
XRP has reached a new milestone in the institutional trading space, with futures contracts on the CME Group platform crossing $1 billion in open interest. This achievement makes XRP the fastest crypto contract to reach this mark, taking just over three months since its May launch.
The token has shown strong momentum, currently trading at $3.02 with a 4.06% increase over the past 24 hours. This price action comes after a period of volatility where XRP traded within a 5% range between $2.98 and $2.84.
On August 25, XRP experienced its heaviest trading day since mid-July, with 7,533 futures contracts changing hands. This represents more than $1 billion in daily volume.
CME Group announced the milestone on social media, noting that its wider crypto futures suite has now surpassed $30 billion in notional open interest for the first time. Both Solana and XRP futures crossed the $1 billion mark, with XRP achieving this threshold at record speed.
The achievement shows growing institutional appetite for regulated exposure to digital assets. The regulated nature of CME’s contracts, which settle to the CME CF XRP-Dollar Reference Rate and are supervised by the CFTC, has been key in attracting demand.
Market observers view the milestone as a sign of market maturity and deepening liquidity in digital asset derivatives. Analysts suggest it reflects a new wave of institutional capital as traditional finance increasingly embraces crypto markets through regulated venues.
XRP Price Action Shows Strong Support
XRP’s price movement has been notable in recent days. On August 25, the token fell from $2.96 to $2.84 on volume three times higher than its daily average.
Institutional buying quickly stepped in, lifting the token back to $2.92. Market participants described the $2.84 level as critical support, with volumes suggesting renewed corporate and fund activity.
In the final hour of the August 25 session, XRP rose 0.7% from $2.90 to $2.92 on more than 5.7 million traded tokens. This price action reinforced the $2.80 level as an important support zone.
The token has since pushed higher, breaking above the psychologically important $3.00 level. This has renewed trader confidence after recent market turbulence.
Technical Indicators Point To $5 Target
Technical analysts have identified a bull flag pattern forming on XRP’s daily chart. This continuation pattern often signals the next leg higher in a price trend.
As CryptoPulse explained on social media, XRP could be gearing up for a breakout toward the $5.00 price mark. This view depends on buyers maintaining support at key levels.
The token is currently holding above the $2.75 demand zone, which keeps the bullish structure intact. As long as the price stays above this mark, the bull flag pattern remains in play.
🚀 $XRP could be gearing up for its next big breakout toward $5+
On the daily chart, #XRP could be forming a bull flag — a continuation pattern that often signals the next leg higher. Price is holding well above the $2.75 demand zone, keeping the bullish structure intact.
— CryptoPulse (@CryptoPulse_CRU) August 26, 2025
If buying pressure remains strong, XRP may encounter its next resistance levels at $3.20 and $3.50. However, failure to hold above $2.80 could see the token sliding back to test lower support levels.
Ryan Lee, chief analyst at Bitget, noted that XRP is at a technical crossroads. Bollinger Bands are tightening, RSI remains neutral, and low buying volume suggests a possible retest of lower levels between $2.60 to $2.00.
“A break above the $3.10 level with conviction and volume, and a run toward $3.40 could follow,” he added. “But derivative markets are skewed short, and upside stays guarded until momentum firms.”
On August 25, XRP recorded net inflows of $25.02 million, indicating that fresh capital is returning to the asset. This influx of funds has helped push the price above $3.00 and generate new momentum.
Since the launch of CME’s XRP futures in May, over 251,000 contracts have been traded, representing $9.02 billion in cumulative notional volume. This strong derivatives activity feeds into broader speculation about potential spot XRP ETF approvals.
Several asset managers, including Grayscale, Bitwise, and 21Shares, have filed applications with the US Securities and Exchange Commission for spot XRP ETFs. Market participants believe strong futures liquidity could support these cases.
The surge in XRP futures comes against a backdrop of firm crypto markets, with Federal Reserve Chair Jerome Powell’s signals of rate cuts at Jackson Hole fueling risk appetite across equities and digital assets.
