XRP Price Soars Amid Community Engagement and New Rewards Initiative

The price of XRP is showing significant growth, driven by increased trading activity and a new community rewards program launched by Ripple. As the open interest for XRP futures contracts rises, so does its market capitalization and trading volume. This comes amidst skepticism about long-term price expectations, especially as many experts remain cautious about reaching exorbitant figures like $100 per XRP in the near future. 7.11% increase in open interest indicates that more money is flowing into the market.