Overview
- The token’s weekly gain of about 11% lifted its market value to roughly $93.4 billion, returning it to the fourth-largest spot by market cap.
- XRP broke through the $1.40 ceiling on a 125% jump in trading activity, with volume rising to about $3.22 billion.
- Binance futures open interest has climbed to roughly 353.49 million XRP, up about 59% since late October, signaling new leveraged positioning.
- Current open interest remains below the pre-crash peak above 400 million XRP, creating room for additional leverage but also exposure to a sharp pullback if the breakout falters.
- The rebound tracks a broader crypto upswing, with bitcoin briefly testing $75,000 as spot BTC ETFs drew about $767 million in inflows.