$XRP futures open interest has skyrocketed 8% in the last 24 hours, reaching $424.2 million, with perpetual contracts making up the bulk at $421.2 million. This surge indicates a positive twist for XRP, despite its recent price drop. The increase in open interest suggests that investors are becoming more optimistic about XRP's future performance. Additionally, Ripple's plans to launch a stablecoin could further boost XRP's price.
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