XRP is experiencing a significant surge, outperforming the broader cryptocurrency market. As of 11:50 AM CEST today, XRP's price increased by 3.5% to $2.64, according to wallstreetONLINE.
Over the past week, XRP's growth exceeded 22%, while the overall crypto market grew by approximately 13%. The futures open interest for XRP has also seen a substantial increase.
Specifically, it climbed by over $1 billion in seven days, reaching $3.42 billion, marking a 41.6% increase. This surge has propelled XRP to become the third-largest cryptocurrency, surpassing Tether.
This article is based on our author's analysis of materials taken from the following resource: www.wallstreetonline.de.