XRP (XRP) Price: Hits $2.05 With Futures Open Interest Rising 8.69%
The post XRP (XRP) Price: Hits $2.05 With Futures Open Interest Rising 8.69% appeared on BitcoinEthereumNews.com.
TLDR XRP price reached $2.05 on November 23, 2025, showing a 7% daily gain after a period of consolidation Grayscale Investments is launching GXRP, a spot exchange-traded fund for XRP, on NYSE Arca on Monday XRP futures open interest climbed to $3.55 billion, reflecting an 8.69% increase in derivatives activity Technical indicators show the MACD crossing above its signal line with RSI in the mid-50 range XRP has a market capitalization of $120 billion and is used on Ripple’s cross-border payment network XRP climbed to $2.05 on November 23, 2025, posting a 7% gain in a single day. The price movement followed a period of sideways trading and marked a return to the $2 level. The recovery came as the broader crypto market rebounded from recent losses. Bitcoin moved back above $86,000 while Ethereum crossed $2,800. Dogecoin recorded a 5% gain during the same period. This market-wide recovery helped boost interest in altcoins including XRP. Grayscale Investments plans to launch two new spot exchange-traded funds on Monday. The GXRP fund will trade on NYSE Arca and offer direct exposure to XRP. XRP Price on CoinGecko This marks one of the first regulated ways for U.S. investors to access XRP through traditional financial markets. The GDOG fund will provide similar access to Dogecoin. The ETF launch represents a new distribution channel for XRP investment. Grayscale aims to bridge the gap between cryptocurrency and traditional trading platforms. Rising Derivatives Activity XRP futures open interest reached $3.55 billion. This represented an 8.69% increase in open positions across derivatives markets. The rising open interest indicates growing activity in XRP futures contracts. Price movements have tracked the increase in derivatives trading. The MACD indicator crossed above its signal line on the 4-hour chart. The histogram bars showed increasing momentum on the bullish side. Technical Levels…
Filed under: News - @ November 24, 2025 10:27 am