[XRP Funding Rate Plummets Over 40% in a Day] The daily funding rate for XRP has dropped nearly 80%, indicating continued pressure in the derivatives market. As of press time, according to real-time data from CryptoQuant, this unfavorable change is also accompanied by a roughly 4% decline in open interest. Since the funding rate reflects the balance between long and short traders, the intensified negative value of this indicator suggests that the market is betting on further price declines.