🚨 $XRP Open Interest Explodes Toward $8B! 💣📈
Speculation is heating up fast as XRP nears the $3 mark, with open interest skyrocketing over 50% this July alone! Momentum is building, and bulls are back in control—could this be the start of XRP’s mega breakout?
🔍 What’s Happening?
• Open interest has surged past $8B, just shy of the January 2025 all-time peak of $8.33B (📊 via Coinglass).
• After a multi-month cooldown, XRP has broken out of consolidation with strength.
• Currently sitting just 23% below its legendary 2017 high of $3.84. If history repeats January's move—new ATHs could be next.
🔥 Volume Confirms the Hype
• Trading volume exploded +200% to $35B on July 12.
• Daily volume remains strong around $16B, showing no signs of fading.
• Upbit (South Korea 🇰🇷) is now leading the charge after Binance—Asian markets are watching XRP closely.
📈 Market Structure Insight
The chart shows a classic bullish breakout pattern. If $3 flips to support, expect XRP to ignite toward $3.84 and beyond.
⏳ Is This the Altcoin Catalyst?
With open interest and volume both pumping, XRP may be the signal that Altcoin Season 2.0 is kicking off.
📢 Follow @bullishbanteer for real-time XRP updates and other explosive setups! 🚀
#XRP #AltcoinSeasonLoading #Ripple #CryptoMomentum #USCryptoWeek