CME launched Cardano futures on Feb. 9, 2026, starting the six‑month futures track required under the SEC's generic listing standards approved in September 2025. According to Reuters, those rules can reduce the exchange-side timeline for a spot ADA ETF to roughly 75 days from 240, making Aug. 9, 2026 the earliest date the futures condition could be met.

Injective’s INJ climbed 35% from $2.97 on 19 February to $4.02 on 21 February, with trading volume up 57% day over day, according to CoinMarketCap. Pineapple said it bought $2 million in INJ and keeps $20.79 million in reserves, while a real-time EVM mainnet upgrade went live on 20 February. Resistance sits at $4.16 and $6.09.

XRP exchange-traded products have seen inflows stall around $1.23 billion after earlier rapid growth, while the token's price has dropped by more than 10% this week. Recent trading days in February recorded either flat or minimal flows, and XRP has retreated from above $1.65 to around $1.40 despite brief double-digit gains. On-chain analytics point to dominant short activity, but some data suggest XRP may be undervalued and could potentially rebound based on past loss patterns.

XRP is consolidating between $1.20 and $1.40 inside a long-running descending channel while printing its largest realized loss spike since 2022, suggesting possible exhaustion near key support. On-chain and derivatives data show NVT has surged over 100% and nearly 69% of Binance's top traders are positioned long, creating an imbalance that could fuel either a sharp rebound or a liquidation-driven breakdown if support fails.

XRP has fallen about 70% from its 2025 high of $3.65 to nearly $1.10, with realized losses recently spiking to roughly $908 million in the largest capitulation event since 2022. Large wallets and spot ETFs have been absorbing distressed supply as exchange reserves fall to five‑year lows and 30‑day volatility compresses, pointing to a maturing but still fragile market structure. While a past $1.93 billion loss event preceded a 114% rebound, changing liquidity conditions and institutional participation may alter the speed and scale of any recovery in the current cycle.

XRP just saw its largest on-chain realized loss since 2022, with weekly losses totaling $1.93 billion. The extreme drawdown coincided with a deep capitulation phase, and the last comparable event in November 2022 preceded a 114% rebound over eight months.

On February 22, 2026, on-chain trackers Arkham Intelligence and Lookonchain flagged Vitalik Buterin withdrawing 3,500 ETH from Aave and selling 571 ETH. Earlier in February, reported sales climbed to 6,183 ETH at a $2,140 average exit price, while ETH has continued to trade below $2,000 amid broader weakness.

SBI Holdings is rolling out a ¥10 billion tokenized bond program for retail investors, recorded onchain via ibet for Fin by BOOSTRY. The three-year notes offer indicative 1.85%–2.45% annual yields with semiannual coupons, and qualifying buyers receive XRP worth about ¥200 per ¥100,000 invested at issuance and with each coupon through 2029. Secondary trading is expected on March 25 via the Osaka Digital Exchange START system.