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Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'

If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.

Updated Mar 31, 2023, 5:20 p.m. Published Mar 29, 2023, 1:33 p.m.
Open interest in XRP futures hits its highest level since December 2021. (Coinglass)
Open interest in XRP futures hits its highest level since December 2021. (Coinglass)