The XRP cryptocurrency experienced a decline below the $2 support level, but traders held on to long positions, keeping XRP's open interest above $3 billion. XRP then rebounded, trading at $2.18 and boosting investor confidence. CME Group announced plans to introduce a Solana futures contract, igniting optimism among crypto users and increasing buying interest in XRP and other cryptocurrencies with pending ETF applications. Despite market concerns, interest in XRP, HBAR, and Litecoin remains high. Analysts believe the pending ETF applications will lead to increased adoption and institutional investor participation.
Content Editor ( coinedition.com )
- 2025-03-02
XRP Open Interest and CME ETF Announcement Triggers Altcoins Recovery
