XRP Price Holds Near $1 as Futures Volume Surges

The XRP token price remains near $1 as derivatives markets show increased activity. According to Coinglass, futures open interest has climbed to $2.75 billion, while trading volume has surged by 77% over the last day.

Rising open interest typically indicates growing conviction among traders and more capital flowing into the market. However, this also sets the stage for sharper price movements if sentiment shifts.

The long-to-short ratio on Binance and OKX shows a clear bullish tilt, with leveraged traders heavily favoring long positions. This lopsided positioning carries risk, as a meaningful drop could trigger liquidations that accelerate any decline.