- Russia’s MOEX announced it will launch the MOEXXRP price index on May 13, 2026.
- The crypto community considers the upcoming MOEXXRP launch a boost for XRP.
- MOEX is expanding its crypto-linked products ahead of potential direct crypto trading.
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.
MOEX Will Release MOEXXRP Alongside Other Indices
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.
An Adoption Boost for XRP
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.
How Has XRP Responded?
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%
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