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XRP Surges Past Hyperliquid, Zcash in Futures Open Interest with $9B Volume

Guavy AI Editorial Team
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HYPE BNB XRP ZEC
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XRP has surpassed Hyperliquid and Zcash in futures open interest, indicating massive interest from traders. The surge in XRP's price to $1.62 today is attributed to massive buying on derivatives exchanges CME and Binance.

The futures open interest for XRP climbed $4.10 billion over the past 24 hours, reaching a 9-month high. This positioned XRP to surpass Hyperliquid and Zcash in futures open interest, according to Coinglass data.

CME remained a core venue for futures trading after it surpassed Binance recently. XRP futures OI on CME skyrocketed more than 16% in 24 hours and 14% in last 4 hours to $756 million, at the time of writing.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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