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XRP's futures open interest on Binance rises 1.3%, boosting its price to $1.50 amid strong market activity.

Market News
29 Sep 2026
Tokenpost
View Source
Bullish
XRP's futures open interest on Binance rises 1.3%, boosting its price to $1.50 amid strong market activity.

XRP's monthly average open interest on Binance increased by nearly 1.3%, marking its strongest rise since August 2025. This surge highlights significant futures trading activity contributing to XRP's price rebound, which has climbed over 70% since late August. As of September 29, XRP was trading around $1.50, up about 50% in the past month. The growth in open interest likely reflects both increased trader participation in long and short positions and the mechanical effect of rising prices on existing contracts, signaling robust market interest and momentum for XRP.

XRP continues to show strong interest among traders on Pluang, where it trades at Rp26.949 with a 1-day gain of 1.38%. Buy orders dominate at 60%, indicating positive sentiment. These figures are current as of Sep 29, 2026, 15:41 WIB.

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