Ripple’s XRP Surpasses Binance Futures Trading Volume Amid Uncertainty in Market Sentiment

Ripple tops Binance Futures’ trading volume – what next for XRP in 2025?

Ripple’s XRP has emerged as the most traded altcoin on the Binance Futures market, with a staggering $116 billion trading volume as of December 20th. According to CryptoQuant’s JA Maartunn, XRP’s massive trading volume sets it up for a potential rebound amongst the other altcoins.

In a surprising turn of events, Ripple has surpassed all other cryptocurrencies in terms of trading volume on Binance Futures, with over $116 billion worth of trades in just two weeks. This monumental achievement is likely to draw attention from institutional investors and retail traders alike.

The recent data shows that XRP’s total Open Interest (OI) stood at a staggering $2.05 billion as of press time, with Binance accounting for nearly 42% ($851 million) within the past 24 hours. Notably, this figure marked a 6% increase over the same period.

As previously reported by AMBCrypto, XRP has been in a downtrend since early December, shedding nearly 24% as of this writing. Following last Friday’s 15% pump, XRP entered a tight consolidation below $2.3. In a critical juncture for the cryptocurrency, the market is now at a crossroads.

As of now, failure to hold above the 50-day Moving Average could potentially drive the altcoin down to the range-low of $1.9, which has acted as a liquidity pool since early December. Conversely, a continued recovery towards the upper channel might result in an additional 20% gains for XRP investors.

The market sentiment currently appears uncertain, with an almost neutral RSI (Relative Strength Index) indicating no significant directional bias. The liquidation heatmaps, however, indicate that the upside liquidity is concentrated at $2.4 and $2.3 levels.

Source: eng.ambcrypto.com