XRP Price Stabilizes Near $1.08 Amid Decline in Open Interest
XRP's price has stabilized near $1.08 as open interest on major exchanges like Binance, Bybit, OKX, and Kraken has dropped back to pre-rally levels.
This decline suggests that leveraged positions have been largely flushed from the market, contrasting with the elevated open interest seen during XRP's January and July 2025 price peaks.
Analysts believe that the reduction in leverage could lead to a healthier market structure if spot demand continues to support XRP.