The open interest in XRP futures has increased by over $1 billion in the past week, indicating growing activity in the market. The asset’s price has also risen, confirming the trend of increasing trader confidence.
This is reported by Finway
Growth of Open Interest
According to Glassnode, the open interest (OI) in XRP futures rose from $2.42 billion to $3.42 billion, representing an increase of over 41%. This sharp rise in leveraged positions occurred simultaneously with the asset’s price increase: from $2.14 to over $2.55.
Speculative Activity in the Market
Analysts note that the heightened speculative activity and growing confidence among market participants reflect positive sentiment regarding XRP’s future. Charts show that the asset is demonstrating steady growth.
“$XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%)”
Earlier, analysts at Standard Chartered predicted that the price of XRP could reach $12.50 in the next three years, highlighting the importance of this asset in the digital currency ecosystem, particularly in the cross-border payments segment. Additionally, in April 2025, HashKey Capital announced the launch of an investment fund based on XRP, with Ripple Labs as the initial investor.