XRP Futures Hit $63B in Year One as South Korea Volume Tops BTC and ETH
CME's regulated XRP futures market is clearing roughly $238M daily, while South Korean exchange volume briefly surpassed both Bitcoin and Ethereum, signaling institutional plumbing rather than retail-driven momentum lifting XRP's credibility.
RWhat's happening
Ripple's asset is experiencing a credibility reset, driven by a combination of macro stimulus speculation and genuine institutional infrastructure adoption. In South Korea, XRP trading volume recently surpassed both BTC and ETH during peak hours, a milestone that reflects neither hype nor meme-driven retail activity, but rather institutional and merchant adoption on a major exchange. CME Group reported $63B in XRP futures volume in the first year of trading, with roughly $238M moving daily through regulated markets; this is the plumbing that underpins serious institutional engagement.
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