#Xrp🔥🔥 futures explosive growth, surpassing #solana , just how strong is the upward momentum? 🔥

Recently, XRP's futures trading volume has skyrocketed by 207.74%, reaching $12.4 billion in just one day, directly surpassing Solana's $9.6 billion! 😱 The open interest also increased by 15.02%, reaching $5.9 billion, exceeding major coins like Dogecoin, Ethereum, Solana, and Toncoin, showcasing its strength over numerous competitors! 💪

What's even more interesting is that XRP's financing rate has turned positive, which means buyers may be 'sending money' to short sellers to maintain their positions, with the market atmosphere extremely hot! 🔥 This momentum has made XRP one of the highest liquidated non-stablecoins in the past 24 hours, with its popularity truly off the charts! 📈

However, high-leverage orders have also brought risks—currently, short positions worth approximately $150 million are facing liquidation danger, with opening prices between $3.27 and $3.37. If the bulls continue to push, these shorts may be forced to close their positions, triggering a short squeeze that could drive XRP's price above the critical $3.50 mark, reaching new highs! 🚀

Meanwhile, the number of positions has slightly decreased, indicating that traders are more inclined to be bullish and full of confidence. However, selling pressure still exists, and the overall market has not completely relaxed its vigilance. 😎

In summary, XRP's recent popularity and data are very impressive, creating a strong bull market atmosphere, but the risks brought by high leverage cannot be ignored. Everyone should be cautious when entering the market, keep a close eye on market changes, and don't let the surface of explosive growth cloud your judgment! 😉