$XRP The futures of XRP have reached a historic record in open interest, recently surpassing $1.1 billion. This milestone indicates increasing activity in the market and traders' interest in XRP. Here are some key details ¹:

- *Open Interest*: The open interest in the perpetual futures of $XRP XRP reached a historic high of 2.34 billion XRP, valued at over $1.1 billion.

- *Market Sentiment*: The 14-month Relative Strength Index (RSI) for XRP skyrocketed to 92, marking its highest level since October 2017. Despite this momentum, the funding rate for XRP remains relatively low, at 13%.

- *Trading Volume*: The trading volume of XRP futures approached $4 billion, largely driven by institutional trading platforms.

- *Price Increase*: The price of XRP has risen to a six-month high near $3.05 and even reached a historic record above $3.60 in July 2025.