- On April 21, XRP’s active addresses surged 67.5%, rising from 27,352 to 40,366 in one day, signaling renewed network engagement, overall momentum.
- Coinbase secured CFTC approval and launched a new CFTC‑regulated XRP futures contract, providing institutional investors compliant derivative exposure on its trading platform.
- XRP investment products attracted $37.7 million in weekly inflows, while year‑to‑date net inflows reached $214 million and drove strong market momentum growth.
On April 21, active addresses for XRP increased by 67.5%, from 27,352 to 40,366, over one day alone. Meanwhile, Coinbase was granted approval by the CFTC to list futures for XRP on their platform.
Surge in XRP Network Activity
XRP’s network recorded a sharp jump in active addresses on April 21. The count rose from 27,352 to 40,366 in one day. Analyst Ali Martinez tweeted that this 67.5% surge signals fresh life on the XRP ledger. The message drew attention across crypto circles.
Moreover, rising user engagement often suggests future price movements. This pattern aligns with historical correlations in blockchain networks. Network validators process transactions at higher rates. This level of activity may reflect renewed developer engagement. This jump contrasts with stable address activity earlier in April. Such shifts may attract trading volume.
Coinbase Launches CFTC-Regulated XRP Futures
Coinbase recently received Commodity Futures Trading Commission approval for an XRP futures contract. The decision authorizes regulated derivatives trading.The exchange announced on Monday that the CFTC-regulated XRP futures product is now live. Institutional investors gain new exposure.
In addition, Coinbase joins Bitnomial as a major platform listing XRP derivatives. This move may encourage further institutional participation. CFTC oversight provides clarity for derivatives markets. That may lead to tighter regulatory compliance. Derivatives volumes are crucial for price discovery. The new futures contract may drive liquidity.
Rising Investment Flows into XRP
XRP investment products saw inflows of $37.7 million last week. That made it the top performer among digital asset offerings. Year-to-date net inflows reached $214 million, placing XRP third among all digital assets. The asset continues to attract capital.
Furthermore, this capital uptake coincides with the network activity surge. It suggests growing confidence in XRP’s on-chain dynamics. Analysts note the synergy between network growth and capital inflows. XRP may build momentum into mid-year. Rising activity may support broader market interest.
