XRP’s Open Interest Plummets: Signals Potential Price Rally

XRP is experiencing a significant technical reset as its open interest on Binance has plummeted to levels last seen in May 2025. This move comes amid rising institutional demand and the looming approval of spot XRP ETFs, potentially setting the stage for a major price surge. Analysts believe this reduction in leverage positions and increased buy pressure from strong holders could trigger an upward movement for the token.