XRP Futures OI Jumps 30% — Is a Price Breakout Imminent?

XRP is a well-established cryptocurrency powered by RippleNet and the Ripple Protocol Consensus Algorithm (RPCA), enabling fast and low-cost cross-border transactions without the need for mining. As the fourth largest cryptocurrency by market capitalization, it uniquely serves as a medium of exchange between various currencies, ensuring liquidity in the global payment network.

Recently, the heat of its derivatives market has surged: the open interest (OI) of futures has skyrocketed by 30% in 10 days, exceeding 4.75 billion USD. Even more astonishingly, CoinGlass data shows that the total open interest across the entire market peaked at 7.9 billion USD, setting a new historical high. This reflects that institutional investors are intensifying their positioning through futures tools, and the growing demand for derivatives has become an important engine driving prices.

Gate Platform Dynamics: Trading Activity and Price Resilience in Tandem

At Gate Exchange, XRP demonstrates strong market participation. As of July 7, 2025, its spot price is $2.2706. The platform’s contract trading performance is particularly impressive, with its share continuously increasing, becoming the core driving force of trading activity. The surge in open contracts, accompanied by a doubling of trading volume, resulted in a 24-hour contract trading volume of $42.87 billion, highlighting the strong demand from Gate users for leveraged exposure to XRP.

The technical indicators show resilience: the price holds steady at the support level of the 50-day and 100-day Exponential Moving Average (EMA) intersection at $2.26, while the Relative Strength Index (RSI) remains above the neutral line of 50, indicating that bullish momentum has not yet exhausted. If it can hold this support level, it will build momentum for a breakthrough of the previous high.

Price Prediction: Technical Patterns and Market Sentiment Indicate an Upside Breakthrough

Multiple technical indicators are releasing positive signals. On the weekly chart, XRP confirms a breakout from a months-long “flag consolidation” structure, with a measured target of $3.20, a potential increase of over 40%. If it breaks the $2.28 resistance in the short term, it may accelerate towards testing $2.65. Analyst @best_analysts points out that if a daily “bullish pennant” pattern forms, the target could further rise to $3.40.

Derivatives data corroborates bullish expectations: Despite a significant short position in futures (with funding rates often negative), the cumulative trading volume increment (CVD) in the spot market continues to dominate the upward trend, creating a “spot long vs futures short” competitive landscape. Whale actions are intensifying, with Santiment monitoring a total of 2,365 transactions exceeding $100,000 in a single day, marking a six-week peak.

Future Outlook: Ecological Expansion and Compliance Driving Long-Term Value

Ripple is accelerating its global strategic layout. Recently, it partnered with the Japan External Trade Organization (JETRO) to support Web3 Salon, funding Japanese startups to develop DeFi, asset tokenization (RWA), and payment solutions on the XRPL chain, with single project support of up to $200,000. This move lowers the compliance market entry barrier and strengthens ecosystem diversity.

Traditional financial channels are also expanding. On May 18, the Chicago Mercantile Exchange (CME) officially launched regulated XRP futures and micro futures products, providing compliant exposure for institutions. This echoes the trend of a 141% year-on-year surge in CME cryptocurrency derivatives trading volume, further solidifying XRP’s position in mainstream financial infrastructure.
As Ripple’s banking license application progresses and the stablecoin RLUSD is incorporated into the services of AMINA Bank, XRP has established a unique foothold in bridging the fiat and crypto worlds.

As Japanese startups leverage XRP to develop blockchain payments, the CME Group opens the door to futures for institutions, and Ripple’s ambitions extend from courtroom victories to the reconstruction of global financial architecture—XRP is not just a token, but also a vessel for the integration of traditional and crypto economies.