XRP Futures Surge 29% on Binance Amid High Volatility

XRP futures on Binance have seen a significant surge in activity over the past two weeks, rising by 28.6% and reaching its highest level since June 2026.

The increase in XRP futures activity coincides with the recent test of spot support around $0.98, suggesting that investors are taking on more leveraged positions in anticipation of a potential price rebound.

Data from CryptoQuant shows that open interest (OI) on Binance has climbed from approximately $181 million on August 3 to $232.7 million on August 17, indicating a reactivation of capital within the derivatives segment.

However, analysts note that this behavior reflects the sustained opening of new leveraged orders on the exchange, which can act as a catalyst for sharp directional moves if cascading liquidations are triggered.