🚀 XRP is making waves! Over the weekend, XRP futures open interest hit record highs, with prices soaring over 20% in just 24 hours, reaching a three-year high of $1.20. This surge follows news of 18 U.S. states suing the SEC, sparking optimism for a more crypto-friendly regulatory environment.
- Open interest in XRP futures is at an all-time high, with over 2 billion tokens in play.
- Traders are slightly leaning towards short positions, with 51% betting against further price increases.
- Ripple Labs' upcoming RLUSD stablecoin could further boost XRP's future prospects.
What are your thoughts on XRP's rally and the regulatory landscape? Share in the comments!