Following a strong rally on Monday, XRP overtook Tether to become the third-largest cryptocurrency by market capitalization, which briefly crossed $150 billion. Despite a pullback amid broader market corrections, XRP is still trading 4% higher on the 24-hour chart at $2.47. Data from Coinglass indicates continued bullish sentiment among traders, with XRP futures open interest rising 14.42% to $5.29 billion and options volume jumping 76%. Meanwhile, blockchain analytics firm Santiment reported that the XRP Ledger has reached a milestone of 6.5 million users—the highest in its 12-year history.
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XRP
Following a strong rally on Monday, XRP overtook Tether to become the third-largest cryptocurrency by market capitalization, which briefly crossed $150 billion.
Despite a pullback amid broader market corrections, XRP is still trading 4% higher on the 24-hour chart at $2.47.
Data from Coinglass indicates continued bullish sentiment among traders, with XRP futures open interest rising 14.42% to $5.29 billion and options volume jumping 76%.
Meanwhile, blockchain analytics firm Santiment reported that the XRP Ledger has reached a milestone of 6.5 million users—the highest in its 12-year history.