XRP is struggling to rebound from its latest price correction after falling back toward its multi-year low of $0.98. Despite the continued weakness in the XRP price, activity in the cryptocurrencys derivatives market has surged, particularly on Binance. Data from crypto analytics platform CryptoQuant shows that XRP open interest on Binance increased by approximately 28.6% in two weeks. Open interest climbed from around $181 million on August 3 to $232.7 million by August 17, pushing XRP futures activity on the exchange to its highest level since June 2026. A sharp increase in XRP open…
Source:: XRP Open Interest Jumps 29% on Binance as Bearish Pressure Builds