CME launches spot-quoted XRP and SOL futures to expand crypto offering

XRP has emerged as a leader in institutional inflows, with Spot XRP ETFs experiencing 19 consecutive days of inflows totaling nearly $1 billion, despite the cryptocurrency's price remaining stagnant around $2. This disconnect between strong demand and price performance raises questions about market dynamics.

Paradex has launched Privacy Perps, a new feature that encrypts trades and account data across all layers, enhancing end-to-end user data privacy in the cryptocurrency space. This initiative aims to provide users with greater security and confidentiality in their transactions.

XRP has transitioned from being viewed as a speculative cryptocurrency to a recognized digital asset in regulated markets, reflecting increased legal clarity and institutional interest. This shift is underscored by recent developments from the US Commodity Futures Trading Commission (CFTC) and growing demand for compliant blockchain solutions.

Bitcoin and Ether have shown a rebound in the latest ETF weekly recap, while Solana and XRP have extended their inflow streaks, indicating a positive shift in investor sentiment towards these cryptocurrencies. The report highlights a significant inflow of $224 million into Bitcoin ETFs, alongside renewed interest in Ether as ETF inflows resume, suggesting a recovery from previous market volatility.

Ethereum's price dropped 9% in just eight hours, falling to $2,933, as over $670 million in long positions were liquidated during a significant downturn in the cryptocurrency market. This sharp decline highlights the volatility that characterizes the crypto landscape, particularly for leveraged trading strategies.

Bitcoin's price remains below the $90,000 mark, struggling to regain higher levels as market bulls attempt to defend current demand zones. Following a significant correction, the price has entered a consolidation phase, which may appear stable but is accompanied by rising structural risks according to on-chain data from CryptoQuant and XWIN Research Japan.

Trust Wallet has announced the introduction of zero swap gas fees on the Ethereum network, allowing users to perform token swaps without incurring transaction costs. This initiative aims to enhance user experience by eliminating the financial barrier associated with gas fees during swaps.

MetaMask has introduced Bitcoin support, allowing users to buy, swap, and transfer BTC directly within the wallet using various payment methods. This enhancement marks a significant expansion of MetaMask's functionality in the cryptocurrency space.