XRP Futures Open Interest Exceeds $1 Billion in One Week
- Open interest in XRP futures increased by over $1 billion in one week.
- XRP’s price rose from $2.14 to over $2.48 during the same period.
- Leveraged positions surged by more than 41%, from $2.42 billion to $3.42 billion.
- Standard Chartered predicts XRP could reach a value of $12.50 within three years.
- HashKey Capital plans to launch an XRP-based investment fund across Asia by April 2025.
The open interest in XRP futures surpassed $1 billion in a week, with its price climbing from $2.14 to over $2.48, reflecting increased speculative activity and trader confidence.
Source (2.6)https://hodl.press/xrp-futures-open-interest-surges-over-1b-in-a-week/?rand=24434
