XRP staking reaches 1.93 billion, showing signs of possible recovery
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According to a report by Bijie Network: XRP derivatives are showing signs of recovery, with open interest surging by 4.28% in the past day. Active futures contracts have increased to 1.93 billion XRP, equivalent to approximately $2.96 billion. Despite a 12% drop in XRP price on the day, this growth indicates investor optimism about a potential breakout for XRP. Meanwhile, XRP ETFs led by Franklin Templeton and Bitwise remain stable, with recent inflows of $4.83 million, suggesting that institutional investor interest in XRP remains strong.
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