XRP Futures Jump to Record Highs as Price Approaches $6 Barrier

XRP (XRP) is showing strong signals of further growth, with open futures open interest surging by 20% in anticipation of hitting new all-time highs. Technical analysis points towards a rally to $6 by August. Several factors are contributing to this bullish trend, including the recent end of the legal battle between Ripple and the SEC, as well as increasing demand for XRP derivatives among institutional investors. Open interest is climbing alongside price, indicating fresh investment in the market, especially from these larger players.