XRP appears to be recovering faster than most altcoins, despite broader market issues.
According to CryptoQuant, open interest in the token reached $1.90 billion, with Binance's share accounting for nearly 50% of this amount.
XRP also recorded a 28% increase in active wallets to 5.75 million. According to analytics firm Santiment, the number of non-zero addresses with the altcoin has sharply increased since October 2024.