As XRP continues to rise in 2025, another good news has arrived.
Kraken’s XRP futures volume is surpassing Solana’s trading volume for the first time, Coindesk reported.
XRP surpasses Solana!
Kraken Exchange’s XRP futures trading volume surpassed Solana (SOL) futures volume for the first time.
Data shows that XRP futures volume reached $3.48 billion in July, surpassing Solana’s $3.23 billion volume.
Kraken’s Derivatives Head Alexia Theodorou said the surge in XRP trading volume was due to the positive resolution of the US SEC case and the rally experienced after the arrival of the US administration, which is crypto-friendly.
“XRP prices have risen by more than 40% this month, but Solana’s increase over the same period was just 17%.
The increase in XRP futures volume reflects new optimism about XRP.
The conclusion of the lawsuit between Ripple and the SEC has increased the market’s confidence in XRP.
Despite XRP’s volume leadership at Kraken, Solana still controls global future interest of $10.69 billion compared to XRP’s $8.53 billion public interest.
*This is not investment advice.
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