The price of Ripple-linked cryptocurrency XRP has not seen a significant increase despite bullish news about its potential in the US Strategic Crypto Reserve. However, there has been a significant surge in XRP's Open Interest, indicating increased market activity and bets on a price rally. Traders are expecting an upward movement in price supported by the Strategic Crypto Reserve and other developments. Despite conflicting signs, including a decline in price and trading volume, traders on various exchanges have remained active in the crypto space. Experts predict that if interest in XRP futures continues and trading volume picks up, it could trigger a recovery.
Content Editor ( u.today )
- 2025-03-08
1.43 Billion XRP in 24 Hours, What's Happening?
