XRP price surpasses BTC, closing ‘CME gap’ before weekend
May 30, 2026
XRP has taken the lead in the cryptocurrency market’s rebound, outperforming Bitcoin just as the weekend ‘CME gap’ is set to be eliminated. The CME Group is preparing to launch 24/7 trading for its complete suite of cryptocurrency products, paving the way for futures and options linked to major cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, Avalanche, and others.
Currently, there are three significant CME gaps that have yet to be filled, two of which are positioned above Bitcoin’s current price around $73,000, near $78,500 and $80,000 levels. Ripple’s XRP surged ahead of Bitcoin in trading on Friday, with a push in price leading gains across the top ten cryptocurrencies in the market. Retail sentiment on Stocktwits saw an improvement towards Bitcoin, shifting from ‘extremely bearish’ to ‘bearish,’ while XRP remained a top trending cryptocurrency on the platform, despite sentiments still being bearish.
The upcoming move by CME Group to offer around-the-clock trading for its cryptocurrency products is a significant development that could put an end to the highly monitored ‘CME gap’ trading scenario. This change will see cryptocurrency futures and options traded on Globex without any weekend shutdowns, unlike before, when CME gaps emerged due to the temporary market closure. Both Bitcoin and XRP are a part of CME Group’s suite of cryptocurrency products, along with other major cryptocurrencies like Ethereum, Solana, Avalanche, and more.
XRP’s resurgence, leading gains, has caught the attention of many retail traders on Stocktwits, sparking anticipation for weekend price actions. Some traders expressed their frustrations with XRP’s inability to break past the $2 mark. Ethereum and Solana also showed positive performances on Friday morning, with Ethereum struggling to hold over $2,000 and Solana trading above $81. However, both cryptocurrencies saw retail sentiment trending in the bearish territory over the past day, indicating mixed expectations among traders.
The market’s overall cryptocurrency trading volume hovered around $2.5 trillion, with liquidations reducing from a massive $1 billion to approximately $226 million in the last 24 hours. The move by CME Group to adjust its trading hours and eliminate the ‘CME gap’ represents a structural change that could impact cryptocurrency trading significantly. This adjustment aims to remove one of the market’s oldest quirks, reflecting a step towards increased accessibility and flexibility in cryptocurrency trading.
As the market anticipates these changes, the performance of XRP and other major cryptocurrencies will continue to be closely monitored by traders and analysts alike. The elimination of the ‘CME gap’ and the transition to 24/7 trading could mark a new chapter in the cryptocurrency market, potentially reshaping how traders engage and interpret market movements.
