$XRP RP XRP on the verge of a powerful breakthrough as open interest approaches a monthly maximum level.

Open interest in XRP contracts has risen to 1.5 billion, nearing the monthly maximum level of 1.52 billion. This coincided with a price increase to $2.37 (+6.81%) after the SEC submitted a letter regarding a settlement in the Ripple case. If XRP surpasses the $2.40 level, it could target levels of $2.58 and then $3.00, supported by rising institutional expectations.