XRP’s price rose to 3.54 USD, close to its 2018 peak. The total open interest in XRP futures reached a new high of 11 billion USD, highlighting increased institutional activity in the market.
On July 19, a major transfer of 20.5 million XRP valued at over 70 million USD occurred, but it hasn’t impeded XRP’s bullish momentum. Overall market sentiment remains positive as the total crypto market cap surpasses 4 trillion USD.
Leave a Reply