XRP Open Interest Sees Strongest Growth Since August 2025
CryptoQuant analyst Darkfost reported that XRP open interest has recorded its strongest growth since August 2025. XRP has seen a technical rebound of over 70% since late August, currently trading at approximately 1.50 dollars. Data from Binance indicates that futures activity has significantly contributed to this rally, with monthly open interest growth reaching nearly 1.3%. Analysts attribute this to increased bullish momentum attracting more traders and the mechanical rise in position value due to price appreciation.
Summaries are written by AI from the original article. Not investment advice.