XRP Futures Volume on Kraken Surpasses Solana for First Time
XRP perpetual futures on Kraken have surpassed sol (SOL) in trading volume for the first time.
- Trading volumes for XRP exceeded $3.48 billion this month, compared to SOL's $3.23 billion.
- XRP's price increased over 40% this month to a record high of $3.66, while SOL rose 17% to $181.
- Market optimism around XRP has grown following the resolution of the SEC lawsuit and a pro-crypto political shift in the U.S.
- XRP's market capitalization is $184 billion, nearly double SOL's $97 billion.
- Open interest in SOL futures remains higher at $55 million compared to XRP's $34 million.
- Global open interest shows SOL at $10.69 billion, while XRP trails at $8.53 billion.