Glassnode: XRP futures open contracts rise 41.6% in one week, surpassing $1 billion

According to Glassnode data, open XRP futures contracts have surged by over $1 billion in the past week, from $2.42 billion to $3.42 billion, up 41.6%, according to Foresight News. The significant increase in leverage ratio is consistent with the trend of XRP price rising from $2.14 to $2.48, indicating active speculative activity and increasing directional beliefs.