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XRP futures open interest rises to $620M as price nears $1.60, signaling increased derivatives activity.

Technical Signals
13 Oct 2026
Tokenpost
View Source
Bullish
XRP futures open interest rises to $620M as price nears $1.60, signaling increased derivatives activity.

XRP's futures open interest surged from $360 million in August to about $620 million as its price rallied between $1.55 and $1.60 in September and early October. This rise in open interest, which measures unsettled futures positions, indicates growing derivatives activity alongside the token's price increase. Binance reported an eight-month high average open interest of $511 million over the past 30 days, reflecting heightened trading interest. While increased open interest shows more market participation, it does not confirm that leverage drove the price rise.

XRP trades at Rp24,433 on Pluang as of Oct 13, 2026, 19:51 WIB, down 1.78% in the last day. The token's market cap stands at Rp1.533,65 trillion with a 24-hour volume of Rp48,02 trillion. Pluang users show a balanced order activity with 56% buying and 44% selling, holding XRP for an average of 72 days.

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