22-7-2025 – XRP surged to $3.6510 Tuesday, marking a 125% rally from April lows as futures open interest hit an all-time high of $10.6 billion, nearly tripling from last month’s $3.7 billion floor, according to CoinGlass data.

The token’s market capitalization now exceeds $207 billion, supported by unprecedented institutional activity across major exchanges. Bitget leads futures positioning, followed by Gate, Binance, Bybit, and CME, with Binance and Bybit recording 5.65 million and 1.85 million contracts traded respectively. The Teucrium 2X Long Daily XRP ETF reached a record $506.6 million in assets, reflecting growing institutional demand.

XRP Ledger ecosystem metrics are also hitting milestones, with total value locked surging 70% over 30 days to $93 million. Ripple USD stablecoin market cap jumped to a record $532 million since its December launch, approaching PayPal USD’s $847 million valuation. The ledger’s stablecoin supply has climbed above $93.2 million, indicating expanding utility.