The recent breakout in the price of XRP has seen its open interest explode to peak levels, nearing a major $10 billion mark. Data provided by Coinglass has showcased a massive 142.97% increase in XRP’s open interest over the last month.

This implies that the amount of XRP committed to the XRP futures market by investors has surged significantly from the level it last achieved in the previous month.

You Might Also Like
Wed, 07/23/2025 - 15:06 Two Enormous XRP Ledger Accounts Activated. Is Ripple Involved? ByAlex Dovbnya
HOT Stories Bitcoin Cycle Theory Is Dead, Top Analyst Says Bitcoin Plunges as Galaxy Digital Deposits $1.5 Billion Worth of BTC to Exchanges Shiba Inu (SHIB) Lost It All, Dogecoin (DOGE): This Is Unexpected, Ethereum (ETH) Too Strong Still Buying? Ripple's Larsen Dumps $200 Million Worth of XRP, Analyst Says

On June 24, XRP holders locked up to $3.91 billion in the token’s futures market, and growing investors' interest has seen this surge to more than double within a month, hitting a massive $9.50 billion as of July 24. This impressive growth in its futures activities suggests that retail and institutional investors holding XRP are preparing for something big in the near term.

XRP OI stable but in peak levels

While XRP’s open interest has surged massively from the levels it was at in the previous month, it has remained stable with a slight dip of 1.20% over the last day. This suggests that the recent price dip that saw XRP fall below the $3 mark on June 23 has caused investors’ confidence to waver, as many began to trade cautiously.

This slight dip in XRP’s OI over the last day is reflected in its spot trading price, which has only surged by a mere 1.82%, trading at 3.20 as of press time, according to data from CoinMarketCap.

Source: CoinMarketCap

 

While the asset has been faced with several regulatory backlashes, causing it to fall to nearly zero, the token is back on its feet and has continued to build a reputable foothold amid the ongoing bull cycle.

While the massive surge in open interest indicates growing confidence among investors, which propels the token for further upsurge in its price, its open interest is expected to remain on the rise as the potential XRP ETF launch, major Ripple developments, its regulatory clarity with the SEC, and many other major factors have kept investors optimistic and reignited their stance on the asset.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。