Darkfost2026-09-29

XRP Open Interest hits Its strongest Growth since August 2025

Since late August, XRP has been in a technical rebound that has pushed it to a gain of more than 70%. Today, XRP is trading around $1.50, up roughly 50% over the past month. At the same time, XRP's Open Interest on Binance suggests that futures activity has contributed significantly to this momentum. With an average monthly growth of almost 1.3% on Binance, XRP's Open Interest has just recorded its strongest increase since August 2025. Two phenomena, often linked, explain this. On one hand, the bullish momentum has attracted more investors, who have taken both long and short positions on XRP. On the other, the price increase has mechanically raised the value of open positions. Open Interest growth has slowed slightly, but it remains positive, indicating that speculators are still increasingly active. Caution is nonetheless warranted. Even as Open Interest rises, sell-side volume has dominated in recent days. The weekly average of Net Taker Volume on Binance now stands at -$115 million, its highest level since December 2025 with is reflecting waning demand in XRP derivatives. If this persists, XRP could fall further until an extreme consensus is reached, a signal that often precedes a potential reversal.