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XRP open interest hits 2-month high as $1M XRP Ledger transactions surge 280%.

Market News
19 Aug 2026
Coinpaper
View Source
Neutral
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XRP's open interest on Binance has reached a two-month high, signaling increased trader activity in derivatives despite its price hovering near $1. On-chain XRP Ledger transactions over $1 million have surged 280% in 24 hours, with active addresses hitting a two-month peak. Stablecoin RLUSD and real-world asset activity on XRPL are also growing, enhancing liquidity and utility. The key price level remains $1, with market volatility expected as traders watch whether this activity translates into sustained demand for XRP.

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