XRP's open interest has increased by 19% to surpass $2 billion as trade volume hits a one-week high amid a price rebound. XRP's recovery is leading the broader market, rising by 11% in the past 24 hours to test the $2.40 level. This surge in interest and activity coincides with XRP's impressive close above $2 last year, marking the first time it ended a year above that price. The increase in open interest is accompanied by a surge in prices, and a similar spike in open interest on Christmas Day corresponded with a price increase above $2.32. XRP's spot market volume has also spiked, increasing by 153% in the past 24 hours to $10.97 billion. The cryptocurrency is currently trading at $2.40 and its market cap is at $137.73 billion. Analysts predict that XRP could reach as high as $27 in 2025.



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