XRP Overtakes HYPE in Open Interest to Hit $2.60B amid Renewed Institutional Interest
XRP's open interest surged to $2.60 billion, surpassing Hyperliquid's HYPE token. HYPE's open interest dropped over 2.50% to $2.57 billion. Renewed institutional interest, including Ripple partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance, and spot ETF inflows, drove the increase.
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