XRP futures volume across major exchanges reached a six-month high in August, with Binance, Bybit and OKX recording $64.6 billion combined. Binance accounted for roughly $37 billion, followed by Bybit at $14.54 billion and OKX at $12.88 billion. Spot XRP ETFs extended their positive-inflow streak to eight weeks through the week ending September 4, adding $18.96 million in the latest week after $110.49 million the previous week. CryptoQuant said high futures activity alone does not establish a rally, making funding rates and open interest important indicators of positioning. CME later held about $530 million in XRP futures open interest versus Binance’s $510 million. XRP is consolidating near technical levels that traders are watching, with $1.40 as the near-term breakout threshold, $1.388 as triangle support and $3.66 as the key monthly resistance level for a potential long-term target near $60.