XRP Futures Open Interest Hits Record $10 Billion as Price Soars to $3.48
XRP has reached a historic milestone as its futures open interest surged to an unprecedented $10.49 billion, coinciding with a price rally to $3.48—the highest level in years. This remarkable growth underscores renewed institutional interest and strong market conviction. Leading exchanges like Bitget and Binance are at the forefront, with $2.21 billion and $1.83 billion in open interest, respectively. The derivatives market boom signals robust confidence in XRP's upward trajectory, marking a pivotal moment for the digital asset in 2025.
XRP Open Interest Surges to Record $10 Billion Amid Price Rally
XRP futures open interest has skyrocketed to an unprecedented $10.49 billion, marking a historic milestone for the digital asset. The surge coincides with XRP's price ascent to $3.48, its highest level in years, signaling renewed institutional interest.
Bitget leads exchange activity with $2.21 billion in open interest, followed closely by Binance at $1.83 billion. The derivatives market boom suggests growing conviction among traders, with historical patterns indicating such liquidity inflows often precede sustained price appreciation.
Analysts note the timing aligns with XRP's breakout from a multi-month consolidation above $2. The simultaneous surge in both spot and derivatives activity paints a bullish technical picture, though some caution remains given the asset's volatile history.
XRP Shows Bearish Reversal Signals After Strong Rally
XRP has formed a falling star candlestick pattern on its daily chart, signaling potential short-term bearish reversal after a robust altcoin rally. The pattern—characterized by a long upper wick, small real body, and minimal lower shadow—often marks exhaustion in bullish momentum.
The asset briefly touched $3.70 before facing rejection, settling NEAR $3.49. Despite maintaining week-to-date gains, warning signs emerge as the Relative Strength Index (RSI) breaches 88, entering overbought territory. Historically, such levels precede consolidation or pullbacks.
Recent institutional demand and trading volume initially fueled XRP's outperformance against LAYER 1 peers. However, the falling star formation suggests vulnerability. A confirmed red close with elevated selling volume could trigger a correction toward $3.20 or lower.
Market sentiment appears to be shifting as euphoria fades. Bulls must now defend key psychological levels to prevent deeper retracement. The coming sessions will reveal whether XRP consolidates or surrenders recent gains.
XRP Is Climbing to $10: What You Should Do Next?
Ripple (XRP) continues to solidify its position as a leading cryptocurrency, overcoming legal and regulatory hurdles to emerge as a dominant market player. The token's relentless pursuit of global collaborations and integration of traditional banking elements into Web3 finance underscores its long-term potential. Analysts predict a breakout rally, with price targets reaching $10 and beyond.
Egrag crypto highlights XRP's ambitious trajectory, noting key resistance levels and potential highs of $20-$30. Ripple's strategic moves—including banking license applications and RLUSD adoption—signal transformative shifts in the market. Investors are advised to reinvest wisely as the token approaches these critical thresholds.
Analyst Advises XRP Investors to Prepare for Exit Amid Price Surge
XRP has broken through the $3 resistance level, now trading 15% below its all-time high of $3.84. Crypto analyst Tony 'The Bull' Severino suggests this rally presents a prime exit opportunity for investors.
The asset has entered price discovery territory, indicating market participants are reassessing its value. Severino's analysis, first flagged in May 2025, identified critical levels using monthly RSI indicators that foreshadowed the current breakout.
XRP Surges to $3.45 Amid ETF Speculation, $6 Target in Sight
XRP has shattered records with a 25.8% weekly surge, breaching $3.45 as institutional interest intensifies. The rally coincides with mounting anticipation for a July 25 SEC decision on spot ETF approvals—a catalyst analysts believe could propel the token to $6.
ProShares will debut the first XRP futures ETF on July 18, 2025, adding fuel to the bullish momentum. Whale activity underscores the fervor: 2,743 wallets now hold over 1 million XRP each, collectively controlling 47.32 billion tokens.
Technical charts reveal a completed symmetrical triangle formation, reinforcing the $6 price target. The breakout liquidated $31.44 million in short positions, signaling a decisive shift in market sentiment.
XRP Price Prediction: After Skyrocketing 24% to New All-Time High This Week – What’s Next?
XRP has surged 24% this week, hitting a multi-year high of $3.27 and pushing its market cap beyond $190 billion for the first time. The rally coincides with the NYSE listing of ProShares Ultra XRP ETF, the first XRP-linked ETF on a major U.S. exchange. Currently trading at $3.25, XRP is just 15% shy of its 2018 all-time high of $3.84.
Perpetual futures open interest reached a record $8.8 billion, reflecting nearly 2.9 billion XRP in Leveraged contracts. Meanwhile, California Governor Gavin Newsom's launch of the California Breakthrough Project at Ripple’s headquarters adds governmental credibility to XRP's utility narrative.
Technical analysis reveals a seven-year symmetrical triangle breakout, with Fibonacci targets pointing to $4.70-$6.48. Historical cycle patterns suggest potential moves toward $22-23. The daily chart shows a 126% rise since April lows, with a decisive breakout above the $2.50-$3.00 resistance zone.
