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XRP(CRYPTO: XRP) is showing signs of a healthy price recovery as spot buying increases and leverage remains below its previous local peak.
XRP Makes Higher High on Lower Open Interest
Crypto analyst Cryptoinsightuk on Friday highlighted a potentially constructive divergence between XRP price and derivatives positioning.
Open interest has started rising, while positive funding rates suggest positioning remains tilted toward longs.
However, spot trading volume also increased around the recent bottom, indicating the recovery isn’t being driven solely by leveraged traders.
More importantly, XRP has climbed above its Aug. 30 local price high while open interest, measured in both dollar and XRP terms, remains below the levels recorded at that previous peak.
“In short, XRP is making a higher high in price with lower open interest than at the previous local high,” Cryptoinsightuk said.
The setup could suggest XRP’s latest advance is relying less on leverage than the previous rally, potentially leaving the market less vulnerable to a derivatives-driven unwind.
XRP Has Broader Visibility
Florida Athletics announced a multi-year partnership with Ripple beginning with the 2026 Florida football season.
Under the agreement, the XRP logo will appear prominently on the field at Ben Hill Griffin Stadium, alongside branding across digital properties and event signage.
University of Florida Athletic Director Scott Stricklin said, Friday, the partnership reflects Florida’s history of embracing innovation and technology.
Ripple will also support financial and technology education for Florida student-athletes and the wider campus community, covering traditional finance and digital assets.
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