XRP's price has surged over 125% this month, driven by record futures open interest and increasing institutional demand, pushing its market cap past $207 billion.
XRP's price has soared to a high of $3.6510, marking a rise of over 125% since April. The market cap has reached over $207 billion, with futures open interest hitting an all-time high of $10.6 billion. The XRP Ledger's total value locked increased by 70% to $93 million, indicating strong demand in the ecosystem. Analysts note that XRP's technical indicators suggest potential further gains, with a target price of $5.27 based on recent patterns.