XRP (XRP) — Onchain News & Whale Tracking

Ondo Finance Expands Institutional Coverage by Deploying OUSG on the XRP Ledger

On January 28th, as per official information, Ondo Finance is set to deploy its tokenized U.S. Treasury bond fund, Ondo U.S. Short-Term Government Bond (OUSG), onto the XRP Ledger (XRPL). This deployment is scheduled to become operational within the next six months, making OUSG accessible to the extensive institutional user base of the XRPL and introducing composable and compliance-first assets to a blockchain specifically designed for financial institutions. This integration lays the foundation for institutional DeFi and advanced cash management solutions, forging a more intimate relationship between DeFi and traditional finance than ever before.

Upbit 24-Hour Spot Trading Volume Ranking: XRP, BTC, JUP Take Top Three

On January 28th, based on CoinGecko data, within the past 24 hours, Upbit's trading volume reached $4.949 billion. The XRP/KRW trading pair accounted for 29.81% of the volume and ranked first in the South Korean won market. The remaining top five in terms of trading volume are: BTC, JUP, USDT, and SOL.

Upbit 24-hour Spot Trading Volume Ranking: XRP, JUP, SBD Take Top Three

On January 27th, based on CoinGecko data, within the past 24 hours, the trading volume on Upbit reached $5.05 billion. The XRP/KRW trading pair accounted for 11.56% of the volume and ranked first in the South Korean won market. The remaining top five in terms of volume are: JUP, SBD, BTC, and USDT.

CoinShares has submitted an S-1 application to the SEC for spot Litecoin (LTC) and XRP ETFs.

On January 25th, Coinshares submitted the spot Litecoin ETF to the U.S. SEC this Friday and also submitted the S-1 application for the spot XRP ETF.

21Shares: US SEC's Newly Established Cryptocurrency Working Group to Expedite Approval of ETFs such as SOL, XRP, and DOGE

On January 23rd, the U.S. Securities and Exchange Commission announced the establishment of a new cryptocurrency working group. Insiders view this as a gateway to updated regulations and the approval of more cryptocurrency funds. Matt Mena, a cryptocurrency research strategist at 21Shares, stated that the newly established U.S. Securities and Exchange Commission cryptocurrency working group led by Commissioner Hester Peirce may expedite the approval of a wider range of cryptocurrency ETFs, including SOL, XRP, LTC, DOT, and DOGE.

Upbit 24-Hour Spot Trading Volume Ranking: VTHO, XRP, SOL Take Top Three

On January 23rd, according to CoinGecko data, within the past 24 hours, the trading volume on Upbit reached 4.38 billion USD. The VTHO/KRW trading pair accounted for 22.55% of the volume, taking the lead in the Korean won market. The remaining top five in trading volume are XRP, SOL, DOGE, and BTC.

CME Clarifies: No Official Decision Has Been Made Yet on Launching XRP and SOL Futures Contracts

On January 23rd, the FOX reporter Eleanor Terrett posted on social media that a spokesperson for CME clarified that the information on its Beta website was mistakenly published and has now been removed. CME has not made any official decision regarding the launch of XRP and SOL futures contracts. Previously reported by BlockBeats, according to Cointelegraph, the CME website indicated that XRP and SOL futures contracts would be launched as early as February 10, 2025, subject to regulatory approval. According to the information on the website, the standard SOL contract size is 500 SOL, and the micro is 25 SOL; the standard XRP contract size is 50,000 XRP, and the micro is 2,500 XRP. All contracts are settled in USD.

Bloomberg ETF Analyst: CME to Launch XRP and SOL Futures Contracts

On January 23rd, Eric Balchunas, Bloomberg's senior ETF analyst, confirmed that the CME is indeed launching XRP and SOL futures contracts.
Earlier market reports suggested that CME futures for XRP and SOL would become live on February 10th following regulatory approval.

Market News: XRP and SOL CME Futures to Launch on February 10th Upon Approval Review

On January 23rd, according to market information, XRP and SOL CME futures will become live on February 10th following regulatory examination.

Upbit 24-hour Spot Trading Volume Ranking: VTHO, DOGE, XRP Hold Top Three Positions

On January 22nd, based on CoinGecko data, in the past 24 hours, the trading volume on Upbit reached 6.67 billion US dollars. The VTHO/KRW trading pair accounted for 32.37% of the volume in the Korean won market and ranked first. The remaining top five in terms of volume are: DOGE, XRP, BTC, and SOL.

Upbit 24H Spot Trading Volume Ranking: XRP, BTC, SOL Take Top Three

On January 21st, based on CoinGecko data, within the past 24 hours, the trading volume on Upbit reached $8.725 billion. The XRP/KRW trading pair accounted for 27.94% of the volume and ranked first in the South Korean won market. The remaining top five in trading volume are: BTC, SOL, DOGE, and ETH.