XRP has surged to $1.53, boosting its market capitalization to $93.4 billion and surpassing BNB to reclaim its position as the fourth-largest cryptocurrency. As of March 17, open interest in XRP futures on Binance has risen to 353 million tokens, marking a 59% increase from its October 2025 low. This indicates a renewed buildup of leveraged positions in the derivatives market. Analysts note that while open interest remains below the pre-crash peak of over 400 million tokens, there is still room for further leverage expansion.
XRP Surges to $1.53, Reclaims Fourth Spot in Crypto Rankings
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
