TLDR:
- XRP futures volume jumped 208% to $12.4B, overtaking Solana’s $9.6B in the past 24 hours.
- Ripple-SEC lawsuit ends with $125M fine, clearing years of legal uncertainty for XRP.
- Open interest rose 15% to $5.9B with positive funding rates signaling heavy long positions.
- Veteran traders stick to structured selling plans to manage gains and avoid market euphoria.
XRP traders are stepping hard on the gas. Futures volume exploded in the last 24 hours, climbing past Solana’s totals.
Open interest is on the rise, and funding rates suggest traders are heavily positioned for upside. The legal cloud hanging over Ripple has finally cleared after years of court battles.
Now, eyes are locked on how price action responds to both market momentum and fresh legal clarity.
XRP Futures Market Roars Past $12 Billion
Data from Glassnode showed XRP futures activity surged 208 percent to $12.4 billion in 24 hours. That pushed it ahead of Solana’s $9.6 billion tally over the same period.
$XRP futures activity surged, with 24h volume up +208% to $12.4B – overtaking #Solana’s $9.6B. Open interest climbed to $5.9B (+15%), while a positive funding rate suggests heavy long positioning – which could raise liquidation risk if price turns lower. pic.twitter.com/hGf3HcTpzY
— glassnode (@glassnode) August 8, 2025
Open interest also climbed 15 percent to $5.9 billion, while funding rates stayed in positive territory. Analysts note that positive funding rates often indicate a heavy long bias, which can create liquidation risks if price reverses sharply.
Long-time holders are taking a measured approach despite the rally. XForceGlobal said they spent over 2,100 days steadily buying XRP until the price crossed $1. They confirmed taking half of their profits at $2.70 during a previous peak.
Plans include selling another quarter in the $4 to $7 range, and the rest if prices ever reach $20 to $30. This kind of structured selling shows how veteran traders prepare for both euphoria and pullbacks.
Remember, no matter how bullish one may be, you must always have a systematic exit plan. Here’s a reminder of what has happened and where I currently stand with my #XRP bags:
– I spent 2,100 days accumulating $XRP non stop. I have promised myself to stop buying once we… https://t.co/lzk24UORlI
— XForceGlobal (@XForceGlobal) August 8, 2025
Ripple and SEC Reach Final Settlement
The Securities and Exchange Commission confirmed it has filed a joint stipulation to dismiss appeals in the Ripple Labs case. This ends a civil enforcement action that began in 2020.
Ripple will still pay a $125 million civil penalty and remain under an injunction against violating securities registration rules. The resolution removes a major source of uncertainty that has weighed on XRP for years, giving the market a cleaner backdrop for trading.
CoinGecko data showed XRP trading at $3.33 at the time of writing, up 8.32 percent in 24 hours and 11.23 percent over the week. Traders are watching closely to see if the momentum can carry into higher ranges without triggering a long squeeze.
With legal headwinds gone and derivatives activity surging, XRP’s next move could be shaped as much by leverage dynamics as by investor sentiment.
