XRP Open Interest Hits $5.2 Billion: A Sign of Surging Trader Confidence and Market Volatility
XRP futures open interest has surged to a staggering $5.2 billion, reflecting heightened market activity and trader engagement. With Bitget leading the pack, this development signals potential price volatility and growing interest in the cryptocurrency.
XRP Open Interest Surges to $5.2 Billion, Signaling Heightened Market Activity
XRP futures open interest across major cryptocurrency exchanges skyrocketed to 2.11 billion tokens, valued at nearly $5.2 billion, marking a 31% increase over two weeks. This surge reflects growing trader engagement and potential price volatility ahead.
Bitget leads with $1.26 billion in XRP open interest, followed by Binance and Gate.io, while CME trails significantly. Current levels rank among the highest observed this year, underscoring renewed institutional and retail interest in the digital asset.
Ripple CEO Garlinghouse Thinks Crypto ETFs Are About to Explode – Here’s Why
Ripple CEO Brad Garlinghouse has spotlighted the accelerating institutional adoption of crypto-based exchange-traded funds (ETFs) following the debut of the first XRP futures ETF on Nasdaq. In a recent episode of Ripple’s "Crypto in One Minute" podcast, he outlined two pivotal factors driving this trend.
Institutional investors, including pension funds and endowments, are increasingly seeking regulated avenues to gain crypto exposure. ETFs provide a familiar, compliant framework for these traditionally risk-averse entities. The January 2024 launch of spot Bitcoin ETFs marked a watershed moment, with Garlinghouse noting their success has paved the way for broader product diversification.
The Nasdaq-listed XRP futures ETF represents a strategic expansion beyond Bitcoin-centric offerings. Market analysts interpret this as a signal that traditional finance is warming to altcoins—provided they meet regulatory benchmarks. Garlinghouse’s commentary underscores a broader shift: digital assets are no longer fringe instruments, but viable components of institutional portfolios.
Why Ripple and XRP Could Be the Backbone of The G20’s Financial Plan?
Ripple’s XRP and blockchain technology are emerging as pivotal solutions for the G20’s cross-border payment objectives. The U.S. Faster Payments Council’s 2025 report underscores the potential for U.S. payment firms to revolutionize global transactions, emphasizing speed, cost efficiency, and reliability.
The $34 trillion cross-border payment market is under scrutiny as the G20 prioritizes enhancements to foster trade and economic growth. Ripple’s infrastructure aligns seamlessly with these ambitions, offering a scalable framework for 2030 targets.
Analyst Predicts XRP Could Surge 1,772% to $27 by July 2025
EGRAG Crypto, a prominent chartist, has drawn parallels between XRP’s current price action and its 2017 bull run, suggesting a potential rally to $27 within the next 60 days. The projection hinges on a repeat of historical patterns where XRP surged from $0.0055 to $0.3988 in a two-month span before entering consolidation.
Key resistance levels at $2.7 and $3 must be breached to confirm the uptrend, with Fibonacci targets at $8.49 and $13.79 acting as intermediate milestones. The $2.3 support level remains critical for maintaining bullish momentum.
Market participants are watching for a July 2025 timeline, which WOULD mirror the 2017 cycle’s explosive conclusion. Such a move would represent a 1,772% gain from current levels, reigniting debate about XRP’s capacity for parabolic rallies despite recent underperformance.
