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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

XRP Futures Open Interest Soars to $3.91 Billion Record

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XRP News

The post XRP Futures Open Interest Soars to $3.91 Billion Record appeared first on Coinpedia Fintech News

XRP has hit a milestone with futures open interest reaching $3.91 billion, reflecting strong investor confidence. Key contributors include Binance, Bybit, and Bitget, which collectively dominate over 80% of open interest. Derivatives activity has surged, with futures trading volume up 289% to $60 billion and options open interest growing 16.2% to $992.33K. The uptick is attributed to Ripple’s legal wins, RLUSD stablecoin launch, and cross-border payment adoption. Analysts predict XRP could reach $3 soon, with long-term targets as high as $5.34 by 2025, boosted by potential political shifts.

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