XRP key price metric up by 300% in 2025 as the altcoin hits new all-time highs
XRP has entered a price discovery phase for the first time since 2017, achieving a three-month consecutive green candle, a feat only accomplished once before. XRP's price soared to new all-time highs on certain exchanges, with a significant resistance level at $3.40. The open interest in XRP futures has skyrocketed to $7.9 billion, a 300% increase since January 1, although analysts suggest the rally is primarily spot-driven rather than futures-driven. Data points to a rise in XRP exchange reserves, indicating profit-taking among investors despite a steady rise below the year's average. Additionally, whale activity has spiked, with over 2,300 transactions exceeding $100K recorded recently, marking the highest activity in six weeks. This growth in transactions and exchange reserves highlights mixed investor behavior, reflecting both bullish sentiment and profit realization. Overall, XRP's market dynamics display a complex interaction between spot and futures market participants.
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