XRP Open Interest (OI) has surged to a new all-time high, surpassing $10 billion across major crypto exchanges. This jump in futures activity comes as the XRP price climbs toward $3.48, its highest level in years. Historically, rising Open Interest has often coincided with significant price rallies, suggesting the potential for further upside in XRP’s trajectory.
XRP Open Interest Records New ATH
Reports from Coinglass have revealed that the total Open Interest in XRP futures has climbed to a fresh ATH of $10.49 billion, reflecting a sharp increase in trading activity and capital inflows into the derivatives market. Notably, the Open Interest broke ATH targets after it exceeded the $9 billion mark, with trading activity continuing to accelerate, according to a recent X post by crypto analyst Captain Redbeard.
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Coinglass chart data from July 18, 2025, shows that XRP is currently trading at approximately $3.5, marking a significant recovery from its prolonged consolidation period just above $2 in recent months. The spike in Open Interest is reportedly driven by some of the top crypto exchanges, with Bitget leading with $2.21 billion, followed by Binance at $1.83 billion, Gate at $1.69 billion, Bybit at $1.53 billion, and other platforms contributing to the overall increase.
Binance, the dominant player in XRP futures, has seen its Open Interest vault from around $544.4 million on March 11, 2025, to nearly $2 billion in just four months. This reflects a broader trend where major exchanges, including Bitmex, Coinbase, OKX, and Hyperliquid, witness multiple hundred-million-dollar positions being opened by traders betting on XRP’s next move.
The correlation between Open Interest and price action often serves as a crucial signal in the derivatives market. Usually, when OI climbs alongside price, it suggests strong bullish momentum backed by real capital. Conversely, a surge in OI without a corresponding price increase can raise concerns over potential leverage traps or looming liquidations. In the case of XRP, both Open Interest and price appear to be rising, indicating sustained market confidence and the possibility of an even stronger uptrend.
XRP Eyes Three Bullish Targets In 2025
The XRP price is eyeing higher levels this bull cycle, as crypto analyst Armando Pantoja has forecasted three upside targets for the altcoin in 2025. Firstly, the analyst announced that XRP has officially entered price discovery territory after smashing through the long-standing resistance level of $2.98.
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This breakout now marks the possible start of another bull phase, with XRP expected to hit an immediate target of $4 soon. Pantoja’s Projections also extend to a bullish target of $6.37 and even $8.12 before the end of 2025. These targets are based on Fibonacci Extension levels and historical cycle patterns, indicating that XRP could still be in the early phases of a larger breakout.
Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson
https://www.newsbtc.com/analysis/xrp/xrp-open-interest-at-ath/
2025-07-18 20:30:26
