China News Today TheBitTimes.com

Summary ⚈ XRP open interest rose 28% since April 15, nearing a 1-month high at 1.51 billion. ⚈ XRP price surged 10.52% to $2.31, bringing 2025 year-to-date gains to 11.32%. ⚈ New XRP ETFs and upcoming CME options launch contribute to growing speculative sentiment. XRP open interest is nearing a 1-month high, per data retrieved by Finbold from cryptocurrency on-chain and market data analytics platform CryptoQuant . To be more precise, as of April 27, some 1.51 billion derivatives positions were open, marking a roughly 28% increase from a 1-year low of 1.18 billion positions on April 15. XRP open interest 1-month chart. Source: CryptoQuant Coupled with recent increases in XRP’s price, the rise in open interest suggests a widespread bullish sentiment.  At press time, the cryptocurrency was changing hands at a price of $2.31, having marked a 10.52% surge from the $2.09 price point seen on April 15 which has brought year-to-date (YTD) gains up to 11.32%. ...

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