The post XRP Futures Open Interest Soars to $3.91 Billion Record appeared first on Coinpedia Fintech News
XRP has hit a milestone with futures open interest reaching $3.91 billion, reflecting strong investor confidence. Key contributors include Binance, Bybit, and Bitget, which collectively dominate over 80% of open interest. Derivatives activity has surged, with futures trading volume up 289% to $60 billion and options open interest growing 16.2% to $992.33K. The uptick is attributed to Ripple’s legal wins, RLUSD stablecoin launch, and cross-border payment adoption. Analysts predict XRP could reach $3 soon, with long-term targets as high as $5.34 by 2025, boosted by potential political shifts.