XRP Open Interest Plummets, Speculation Points Towards Major Price Surge

XRP’s open interest on Binance has dropped below $200 million, mirroring levels last seen in early 2024. This drop coincides with continued stability above $2.60, leading analysts to speculate about a major price breakout. Notably, experts attribute this trend to the reduction in speculative positions and the emergence of strong holders as potential catalysts for a new upward movement. The current setup aligns with historical patterns where a similar decline in leverage led to significant price jumps in 2025.