XRP Futures Surge 29% on Binance, Flashing Bullish Signal for XRP

TL;DR:
- XRP open interest on Binance rose from $181 million on August 3 to $232.7 million on August 17, 2026.
- The weekly open interest variation recorded a shift from -$40 million on July 29 to +$38.9 million in the latest session.
- The perpetual Cumulative Volume Delta (CVD) on Binance dropped to -$463.2 million.
Binance’s derivatives market recorded a 28.6% increase in XRP futures activity over the past two weeks. The metric reached its highest level since June 2026, coinciding with the recent test of spot support around $0.98.
Data from analytics platform CryptoQuant shows that open interest (OI) on Binance climbed from approximately $181 million on August 3 to $232.7 million on August 17, 2026.
This surge in open contract volume suggests a reactivation of capital within the derivatives segment. Data from the analytics firm indicates that the influx of new positions comes amid a phase of high volatility in spot prices.
The weekly evolution of the indicator points to an operational reversal. Net change in open interest shifted from a negative value of -$40 million on July 29 to a positive figure of +$38.9 million at the close of the analyzed session.
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