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Ripple (XRP) Open Interest Nears $4B as SEC Acknowledgment Sparks 20% Price Rally

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Summary
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76% Informative

Ripple (XRP) price surged 7% within the daily timeframe on Friday, Feb. 14, 2024 , extending its weekly gains to 20% .

Grayscale ’s XRP and Dogecoin ETF application has been acknowledged by the SEC , fueling optimism for more altcoin ETF approvals in 2025 .

With open interest lurking below $4 billion , bull traders are eyeing a potential retest of the $ 3 territory.

VR Score

67

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61

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42

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formal

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English

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55

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short-lived

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