🚀 $XRP Open Interest Surges to $8B – Is a Major Breakout Coming?

XRP is heating up again as open interest soars past $8 billion, marking a massive rebound in July! The price is now pushing toward the $3 mark, hinting that the next leg of its bull run might just be beginning.

🔹 Open Interest Explosion

XRP’s open interest has surged over 50% this month, now sitting just $400M shy of January’s record $8.33B (Coinglass data).

The last time open interest was this high, XRP rocketed to $3.20 — and this time, bulls are determined to flip $3 into strong support.

🔹 Price Outlook

XRP is now only 23% away from its 2017 ATH of $3.84.

If July’s momentum mirrors January’s price action, we could be looking at new all-time highs very soon.

🔹 Volume Confirms the Move

Daily trade volume spiked 200% to $35B on July 12, holding steady at $16B+ in recent days.

Binance leads the charge, while Upbit (South Korea) holds the second-highest XRP trading volume — showing strong Asian market interest.

💥 What’s Next?

If open interest continues climbing, XRP could break past $3 and aim for its 2017 record — or beyond. Bulls are watching closely; this could be the start of something huge.

#XRP #Ripple #CryptoNews #Altcoins #BullRun