As XRP continues to rise in 2025, one other piece of fine information has arrived.
XRP futures quantity on Kraken has surpassed Solana buying and selling quantity for the primary time, Coindesk reported.
XRP Surpasses Solana!
XRP futures buying and selling quantity on Kraken Alternate has surpassed Solana (SOL) futures quantity for the primary time.
In accordance with the info, XRP futures quantity reached $3.48 billion in July, surpassing Solana’s quantity of $3.23 billion.
Alexia Theodorou, head of derivatives at Kraken, stated that the surge in XRP buying and selling quantity was because of the rally it skilled after the favorable decision of the US SEC case and the arrival of a crypto-friendly US administration.
“Whereas the worth of XRP has elevated by greater than 40% this month, Solana’s enhance over the identical interval has been solely 17%.
The rise in XRP futures quantity displays renewed optimism in the direction of XRP.
With the conclusion of the lawsuit between Ripple and the SEC, market confidence in XRP has elevated.
Regardless of XRP’s quantity management on Kraken, Solana nonetheless dominates international futures open curiosity with $10.69 billion in comparison with XRP’s $8.53 billion open curiosity.
*This isn’t funding recommendation.
