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XRP's Open Interest on Binance hits lowest since 2024 amid a year-long bear market and 65% price drop.

Market News
30 Jul 2026
Finbold
View Source
Bearish
pluang ai news

XRP's Open Interest (OI) on Binance has fallen to its lowest level since 2024, dropping 78.28% to about $370 million as of July 29, 2026. This decline in derivatives market activity reflects a broader bearish trend, with XRP's price falling over 65% in the past year to $1.08. The drop in OI coincides with a crypto market downturn led by Bitcoin and a shift of capital towards AI stocks. Traders are reducing exposure to XRP derivatives amid ongoing negative sentiment, signaling continued caution in the market.

More News (XRP)

Ripple mints 15 million RLUSD on Ethereum amid major exchange listings in South Korea

Ripple mints 15 million RLUSD on Ethereum amid major exchange listings in South Korea

Ripple recently minted 15 million RLUSD stablecoins on the Ethereum blockchain, increasing activity around RLUSD. This follows a week of significant RLUSD minting and burning on both Ethereum and the XRP Ledger. RLUSD also gained major exchange listi...

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XRP ETFs reach $1.5 billion in cumulative inflows, led by Franklin Templeton's XRPZ fund.

XRP ETFs reach $1.5 billion in cumulative inflows, led by Franklin Templeton's XRPZ fund.

XRP exchange-traded funds (ETFs) have achieved a significant milestone with $1.5 billion in total net inflows as of July 29, 2026, driven by steady institutional interest despite price volatility. Franklin Templeton's XRPZ ETF dominates the inflows, ...

Market News
Bullish
5 hours ago
Seoul police bust fake Flare Network XRP scam, recover 3.4 million coins worth $8.55M

Seoul police bust fake Flare Network XRP scam, recover 3.4 million coins worth $8.55M

South Korean authorities arrested three suspects and sought a fugitive in a major XRP staking scam that defrauded 71 investors of 3.4 million XRP, valued at about $8.55 million. The fraudsters created a fake website mimicking the Flare Network, promi...

Market News
Bearish
6 hours ago
XRP hits key resistance near $1.10, facing uncertain direction amid low buying volume.

XRP hits key resistance near $1.10, facing uncertain direction amid low buying volume.

XRP has reached a critical resistance zone around $1.09-$1.10, failing to break above the 50-day and 100-day moving averages after a recent decline. The price is consolidating near $1.08, with sellers active and buying volume low, indicating weak mar...

Technical Signals
Neutral
7 hours ago
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