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The soccer price for the Lion and Player is soft. I hate each of my arcu lorem, ultricy kids, or ullamcorper football.
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The XRP price has risen to $2.61 in the last 24 hours, recording a 22% increase over the last seven days, allowing us to maintain a steady pace. Traders are building up into futures contracts.
Notable performances were in the open interest sector, jumping over 40%.
Related readings
Rising activities
XRP futures skyrocketed from $2.42 billion to $3.42 billion in just a week, according to GlassNode data posted on May 13th. That $1 billion increase represents an almost 42% increase in active contracts.
When both price and open interest rise, it usually means new money comes in, and traders expect it more upside down.
$ xrp Open interest on futures has skyrocketed over $1 billion over the past week, rising from $2.42 billion to $3.42 billion (+41.6%). This rapid increase in leverage coincides with a price rise of between $2.14 and $2.48, suggesting a rise in speculative activity and a growing conviction of direction. pic.twitter.com/qbsaom9oxe
-Glass Node (@GlassNode) May 13, 2025
Price vs. market profit
Based on the report, XRP’s one-week gain outperforms the broader cryptocurrency market, which has risen about 12% over the same period. If most major coins are rising in low double digits, a jump of nearly 20% is not a small feat.
Traders now consider XRP one of the more powerful performers and bet accordingly.
Momentum indicators are heading up
XRP trades above the 200-day moving average for 10-50 days. This indicates that both short-term and long-term trends are favorable to buyers. The relative strength index is 68, which is too much to reach the zone.
There is still space for the gathering to continue before reaching the ceiling. The divergence of moving average convergence is also high, suggesting a continuing momentum of the rise.
Institutional demand increases
Meanwhile, XXRP ETFs have been influx for five consecutive weeks. Last week, we added $14 million in new money, starting from $10 million a week ago. The fund currently holds $100 million in assets.
Even with an annual fee of 1.80% (almost twice as many Bitcoin ETFs), investors still have value in the XRP-linked product.
Odds and projection
Based on a market consul platform like Polymarket, there is a 79% chance that the US Securities and Exchange Commission will immediately approve the Spot XRP ETF.
According to analysts at JPMorgan, these ETFs can attract as much as $8 billion in their first year. This is more than what the Ethereum Fund saw after its launch in September 2024. Such demand could potentially increase XRP even higher.
Related readings
Outlook and risk
A solid influx of ETFs that bring together price action, raise interest, and steady inflows of ETFs will be a bullish case. If a trader locks up a profit, rapid profits can easily disappear. If it falls below the 50-day average, it will act as a warning signal. Regulation delays or broader crypto sales could similarly derail the gathering.
For now, XRP is sitting on a critical average and seeing fresh capital in it. Many traders and institutions are bullish. However, anyone participating should look at the technical level and look to news about Spot ETF approval.
If these pieces fall into place, the XRP can lift another leg. However, if the market calms down or regulators suspend, execution could stall.
Gemini Images, TradingView charts
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