Ripple Breaks Another 2023 Record Today: Here’s WhatWhile XRP’s price is surging, the cryptocurrency has just set yet another record for 2023.won a massive victory
in the legal clash against the US Securities and Exchange Commission last week, sending XRP prices into the stratosphere. It exploded by more than 70% on the news, pushing the entire market with it. Now, XRP has broken another yearly record. Throughout the past few days, the open interest in XRP futures contracts has skyrocketed. This follows the ruling that secondary sales of XRP do not constitute investment contracts.
As a consequence, a lot of exchanges that had previously delisted the cryptocurrency listed it again, prompting an influx of open positions.at $1.05 billion across multiple exchanges, and the only time it was higher was on July 13th, when it was $1.08 billion.Source: CoinGlass