Ripple’s XRP has been locked in a tight range, trading between $2.70 and $3.00 over the past two months. While the spot price has shown little direction, new derivatives tied to the token are proving far more active. CME Group, the world’s largest derivatives marketplace, reported that its recently launched XRP and Micro XRP futures have gained consistent traction in just four months. Nearly 400,000 contracts have already been traded since listing. The exchange noted that this level of activity reflects strong participation from both institutional investors and retail traders.