XRP Futures Open Interest Registers $1B Rise In The Last Week

By: ripple coin news|2025/05/13 19:30:12

The futures open interest of XRP has risen high during the past week registering a gain of more than $1 billion in its value. The rise coincides with the price rally of the word’s fourth largest digital currency XRP which also occurred last week. Currently, the price value is trading successfully in the positive zone.A Potential Rise of 41.6% In The Past Week In Futures Open InterestAs per new analysis shared by Glassnode in its official tweet, the futures open interest of XRP picked up the pace last week reaching the mark of $3.42 while jumping from the low figure of $2.42 and it happened within the duration of the past seven days.$XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%). This sharp increase in leverage coincides with a price rally from $2.14 to $2.48, suggesting elevated speculative activity and growing directional conviction, pic.twitter.com/QbsaOM9oxE— glassnode (@glassnode) May 13, 2025Overall, the coin saw a spike of 41.6% in its futures open interest which is a staggering increase in spite of the fact the price value of the coin has been trading in the bearish zone in the past few months.Will This Futures Open Interest Push XRP Rally?XRP price value has recorded significant gains over the course of the last seven days. Within the duration of the past week, the price value of the coin has surged high by more than 22%. It jumped to its high of two months which is $2.62 before correcting to the level of $2.54 a few hours after.Currently, the price value of the digital currency is hovering at around the figure of $2.55 with a positive change rate of 4.90% in one day, as the of the press time, and is also up by 21.25% in the past seven days. This means that the fourth biggest crypto by market cap is trading in the bullish zone and is all set to register a bullish rally. The spike in the digital currency’s futures open interest is also a signal of a significant price rally.The post XRP Futures Open Interest Registers $1B Rise In The Last Week appeared first on Ripple Coin News.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."