XRP simply reclaimed a rating it hasn’t held in weeks, and the derivatives market suggests merchants are positioning for extra.
The token surged to $1.53 on Tuesday, up 11% on the week, overtaking BNB to change into the fourth-largest cryptocurrency by market cap at $93.4 billion. The transfer broke via $1.40 resistance, per CoinDesk analytics, with buying and selling quantity exploding 125% to $3.22 billion.
Coinglass knowledge exhibits XRP open curiosity on Binance has climbed to 353.49 million XRP as of March 17, up from 222.79 million on Oct. 24, 2025, when XRP was buying and selling at $2.39. That is a 59% improve in open curiosity whereas the worth is 37% decrease. New leveraged positions are constructing into the restoration moderately than unwinding, which is a essentially completely different setup from the deleveraging that dominated January and February.
The Binance OI chart exhibits the total arc. Open curiosity peaked above 400 million XRP in September 2025, collapsed through the October crash that took the worth from $3.65 to beneath $2, and spent the subsequent 4 months slowly rebuilding.
The present 353 million is approaching however hasn’t but matched these pre-crash ranges, which implies the market has room so as to add leverage earlier than hitting the focus that preceded the final wipeout.
Merchants will possible now monitor whether or not the $1.50-$1.60 zone holds or turns into one other failed breakout in a token that has been stuffed with them since October. Open curiosity constructing into the transfer provides it extra structural assist than earlier makes an attempt, however XRP approaching pre-crash leverage ranges at 58% beneath the pre-crash value is a setup that works till it would not.
