MOEX to Launch MOEXXRP Price Index on May 13, 2026

CoinEdition2026/05/11 17:12

By:CoinEdition

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The Moscow Exchange (MOEX) will launch the MOEXXRP index on May 13, 2026, in line with the exchange’s broader plan of expanding its regulated crypto benchmark suite beyond Bitcoin and Ethereum for the first time.

According to reports, MOEXXRP is one of four indices that MOEX has outlined for release, including MOEXSOL, MOEXTRX, and MOEXBNB, representing indices for SOL, TRON, and BNB, respectively.

The MOEXXRP index will act as a real-time, institutional-grade benchmark for Ripple’s XRP on MOEX. As part of the expansion into crypto-linked instruments, it will provide a formal, regulated mechanism for tracking XRP’s market value within Russia’s financial infrastructure.

According to MOEX’s announcement, the upcoming index will aggregate price data from four major exchanges, including Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%). It will be updated every 15 seconds during trading sessions and on weekends. MOEX’s initial targets for the upcoming product include qualified and professional investors, reflecting Bank of Russia regulations on crypto-linked instruments.

Analysts consider the latest development another adoption milestone for XRP. The upcoming launch will mark a significant step in integrating the cryptocurrency into traditional finance, allowing Russian investors exposure without relying on foreign platforms.

MOEX plans to expand its crypto-linked indices beyond Bitcoin (MOEXBTC) and Ethereum (MOEXETH), with a target of increasing the list to 10 and introducing futures contracts linked to these new indices later in 2026.

The majority of crypto community members believe the latest move by MOEX lays the groundwork for anticipated direct cryptocurrency trading on the platform by early 2027. They consider the index launch a key step in developing a supervised, transparent crypto market in Russia.

(adsbygoogle = window.adsbygoogle || []).push({});

In the meantime, XRP has experienced a price surge within the past 48 hours, retesting the $1.50 psychological resistance ahead of a potential breakout. TradingView’s data reveal that the cryptocurrency tested that level in the middle of April before returning to its rangebound trend. A confirmed break above $1.50 will boost XRP’s bullish sentiment and set the stage for a sustained rally.

Related: XRP Price Prediction: Funding Rates Have Been Negative for 3 Months While XRP Is Up 27%

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

1. U.S. equities gained over the week, while crypto assets declined, reflecting a divergence in risk appetite. From October 3 to 9, the S&P 500 rose 1.15% and the Nasdaq 100 gained 0.24%, while BTC, ETH, and SOL fell 2.31%, 6.84%, and 7.99%, respectively. The U.S. Dollar Index advanced 0.27%, and although the 10-year U.S. Treasury yield declined 3.3 basis points, it remained elevated at 5.244%. High funding costs therefore continued to weigh on risk asset valuations. 2. Weak employment data have not eliminated inflation concerns, while AI and on-chain finance face growing scrutiny over commercial viability. September nonfarm payrolls increased by just 29,000, yet the minutes of the Federal Reserve's September meeting still pointed to the possibility of further rate hikes before year-end. This week's CPI release and major bank earnings will provide important tests of growth and inflation pressures. Revenue recognition and reporting practices in AI, underlying asset rights in RWA, and operating costs for Layer 2 networks are also becoming increasingly important measures of commercial viability. 3. Bitget has completed its phased service restoration, while the Bitget Alliance Program continues to support clients' trading and capital management needs. We completed the planned restoration on October 2 and replenished the Protection Fund to more than $300 million on September 30. According to DefiLlama, assets tracked on the platform rebounded from approximately $5.647 billion on October 1 to $6.223 billion on October 11. This report also outlines VIP level protection, user rewards, and institutional fee incentives to help high-value clients plan their trading activities according to their account type. Assets to watch: BTC, ETH, SOL, SUI, PUMP, gold, JPM, BAC, and ASML. Key areas of focus this week: The October 14 U.S. CPI release; bank net interest income and credit costs; AI cash flow generation; and post-recovery trends in assets held on Bitget, settlement efficiency, and trading conditions. Market data are current through October 9 or the latest local trading day. Official announcements and promotion terms were reviewed through October 12.

Bitget•2026/10/13 07:46