Fun

XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next?

News Feed - 2025-07-19 05:07:26

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP Open Interest (OI)has surged to a new all-time high, surpassing $10 billion across major crypto exchanges. This jump in futures activity comes as the XRP price climbs toward $3.48, its highest level in years. Historically, rising Open Interest has often coincided with significant price rallies, suggesting the potential for further upsidein XRP’s trajectory.   XRP Open Interest Records New ATH


Reportsfrom Coinglass have revealed that the total Open Interest in XRP futureshas climbed to a fresh ATH of $10.49 billion, reflecting a sharp increase in trading activity and capital inflows into the derivatives market. Notably, the Open Interest broke ATH targets after it exceeded the $9 billion mark, with trading activity continuing to accelerate, according to a recent X postby crypto analyst Captain Redbeard.  Related Reading XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next? 3 hours ago


Coinglass chart data from July 18, 2025, shows that XRP is currently trading at approximately $3.5, marking a significant recoveryfrom its prolonged consolidation period just above $2 in recent months. The spike in Open Interestis reportedly driven by some of the top crypto exchanges, with Bitget leading with $2.21 billion, followed by Binance at $1.83 billion, Gate at $1.69 billion, Bybit at $1.53 billion, and other platforms contributing to the overall increase. Source: Chart from Coinglass


Binance, the dominant player in XRP futures, has seen its Open Interest vault from around $544.4 million on March 11, 2025, to nearly $2 billion in just four months. This reflects a broader trend where major exchanges, including Bitmex, Coinbase, OKX, and Hyperliquid, witness multiple hundred-million-dollar positions being opened by traders betting on XRP’s next move. 


The correlation between Open Interest and price action often serves as a crucial signal in the derivatives market. Usually, when OI climbs alongside price, it suggests strong bullish momentum backed by real capital. Conversely, a surge in OI without a corresponding price increase can raise concerns over potential leverage traps or looming liquidations.In the case of XRP, both Open Interest and price appear to be rising, indicating sustained market confidence and the possibility of an even stronger uptrend. XRP Eyes Three Bullish Targets In 2025


The XRP price is eyeing higher levels this bull cycle, as crypto analyst Armando Pantoja has forecastedthree upside targets for the altcoin in 2025. Firstly, the analyst announced that XRP has officially entered price discovery territoryafter smashing through the long-standing resistance level of $2.98.  Related Reading Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst 4 days ago


This breakout now marks the possible start of another bull phase, with XRP expected to hit an immediate target of $4 soon. Pantoja’s Projections also extend to a bullish target of $6.37 and even $8.12 before the end of 2025. These targets are based on Fibonacci Extension levels and historical cycle patterns, indicating that XRP could still be in the early phases of a larger breakout.   XRP trading at $3.4 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

News Feed

Bitcoin miner reserves held steady in February, despite $40B flows to exchanges
Ana Paula Pereira4 hours agoBitcoin miner reserves held steady in February, despite $40B flows to exchangesBitcoin miners’ holdings remained stable in February at around 1.82 million BTC despite miners’ sales ahead o
Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap
Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap The Luna Foundation Guard, a new decentralized organization developed to support the Luna
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
The Fed Will Keep Focusing on Crypto — Fed Governor Says "We Do Not Want to Hinder Innovation" Federal Reserve Governor Michelle Bowman says while “cryptocurrency activitie
Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin Cash
Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin Cash On January 31, Btc.top founder Jiang Zhuoer addressed the Bitcoin Cash (BCH) community again after his ini
Biggest Movers: SHIB Surges 10% on Saturday, as NEAR Hits 2-Week High
Biggest Movers: SHIB Surges 10% on Saturday, as NEAR Hits 2-Week High SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was a
Tom Blackstone11 hours agoOPNX launches ‘oUSD’ credit currency for crypto margin tradingThe new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from ot
US Treasury Sanctions First Crypto Mixer
US Treasury Sanctions First Crypto Mixer The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer.
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and trac
Exchange Crypto with 0% Fees in Lumi Wallet
Exchange Crypto with 0% Fees in Lumi WalletEverybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all crypto to crypto exchange operations. Al
Solana prevents potential outage, patches critical vulnerability
Ezra Reguerra1 hour agoSolana prevents potential outage, patches critical vulnerabilitySolana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the
Elon Musk’s New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% in 24 Hours
Elon Musk"s New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% in 24 Hours The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “
Bank of England to experiment with wholesale CBDC, synchronization
Derek Andersen5 hours agoBank of England to experiment with wholesale CBDC, synchronizationThe BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.609 Total views1 Total sharesListen