XRP Surges to Six-Month High as Binance Open Interest Explodes
XRP has made a significant move towards the $1.40 mark, reaching its highest price in six months as market momentum returns.
The asset has seen a 38.9% gain over the past seven days, with trading activity and derivatives positioning pointing to growing interest.
Data from CryptoQuant shows Binance open interest surging to 263 million, while whale accumulation is also on the rise.
A notable development in payments has added another adoption catalyst for XRP, as it is now available on BitPay Wallet.