Gemini has opened XRP perpetual trading to users across the European Union, marking a major step in its derivatives expansion.
The exchange confirmed that traders can now open long or short positions on XRP with leverage of up to 100x.
The product has no expiration date, allowing traders to maintain exposure without rolling contracts every month.
All trades are settled in USDC and support cross-collateral, giving users more flexibility when managing leveraged positions.
Gemini expands EU derivatives with XRP perpetuals
Gemini described the XRP perpetuals as a product built for investors seeking advanced trading tools in a secure and regulated environment, fully integrated with its broader system that already supports multiple crypto pairs.
Per Gemini’s announcement, the rollout strengthens its footprint in Europe’s growing derivatives market while reinforcing its commitment to regulatory compliance.
The exchange aims to attract professional traders looking for institutional-grade products under the EU’s evolving digital asset framework.
XRP’s inclusion reflects rising demand for leveraged crypto trading across the region, but its market price has yet to show any significant response.
XRP price rejection after attempted breakout
According to CoinGecko, XRP’s price hovered around $2.29 at press time, following a 2.8% rise in the past 24 hours, but remains down 10.52% over the last week.
Traders say the market attempted to break through resistance but failed, causing XRP to form lower lows.
Analysts believe a push above $2.65 could renew buying pressure toward the $2.75 level.
According to technical updates from Crypto VIP Signal, XRP now trades within a tight consolidation zone after last week’s pullback.
Traders appear cautious, balancing the short-term losses with broader interest driven by new derivatives listings.
The $2.00 support range remains crucial for maintaining the token’s short-term uptrend.
Gemini’s new perpetuals could influence trading activity as EU users gain access to leveraged XRP exposure.
A spike in futures volume could affect spot market movements if traders start using leverage to hedge or amplify bets.
The coming weeks may test whether XRP can regain momentum in the market
For now, XRP stays under close watch as new trading options begin to reshape its liquidity across major exchanges.