XRP flips BNB as open interest builds back toward pre-crash levels
coindesk|2026年03月17日 06:41
The token broke through $1.50 resistance on a 125% volume spike, pushing its market cap to $93.4 billion. Binance futures open interest has climbed 59% since October even as the price remains 58% below its high.
What to know : XRP has surged 11% over the past week to $1.53, reclaiming the No. 4 spot by market value with a capitalization of about $93.4 billion and breaking through resistance around $1.40. Open interest in XRP futures on Binance has risen 59% since late October to about 353 million XRP even as the token trades 37% below its prior level, signaling traders are adding leverage into the rally rather than unwinding positions. While current open interest remains below the peak seen before last October’s crash, the buildup of leveraged bets as XRP tests the $1.50 to $1.60 range suggests stronger structural support but also growing risk if the breakout fails.
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