XRP holds above $1 after leverage flush as network activity improves
CoinDesk·
60-second summary
XRP holds above $1 as network activity improves, with active addresses and ETF inflows rising, but it still needs to reclaim $1.10 for a cleaner chart. Open interest has collapsed from last year's highs, indicating a decrease in leverage, which could be a positive sign for the cryptocurrency's stability and potential price growth in the market.
Open interest has collapsed from last year’s highs while active addresses and ETF inflows rise, but XRP still needs to reclaim $1.10 before the chart turns cleaner.