XRP price crossed $3.05 this month, its highest level since February. The token has surged by 81% from June’s low, signaling renewed interest from both institutional and retail participants. Several technical and on-chain factors suggest that XRP may test the $5 resistance level in the coming weeks.
XRP Futures Open Interest and Funding Rate Support Bullish Trend
XRP demand in futures markets is increasing rapidly. According to data from CoinGlass, open interest in XRP futures reached a record $8.3 billion this week. This represents a steep rise from less than $1 billion just a few months earlier. High open interest typically indicates strong trader engagement and growing expectations for price movement.
The funding rate has also remained positive since June 28, reflecting bullish sentiment among futures traders. A sustained positive funding rate shows that traders are willing to pay premiums to maintain long positions. According to CoinGlass analysts, this is often a technical signal that price expectations are rising in the derivatives market.
XRP ETF Inflows and Institutional Interest Continue to Grow
The Teucrium 2x Long Daily XRP ETF has recorded rapid growth. As of this week, the fund holds over $285 million in assets under management. This growth came within three months despite a 1.89% expense ratio, indicating strong investor confidence.
According to data from Polymarket, the likelihood of SEC approval for proposed XRP ETFs by Bitwise and Franklin Templeton now stands at 90%. If approved, these funds could attract more institutional capital. As seen with Bitcoin ETFs, regulated XRP ETFs may offer an entry point for Wall Street investors.
Ripple Ecosystem Expansion and Technical Strength Support Momentum
Ripple Labs continues to expand the XRP Ledger’s ecosystem. A new partnership with Ctrl Alt and the Dubai Land Department will use the ledger for storing tokenized real estate title deeds. Ripple also holds an operating license in the UAE, allowing more international business activity.
In partnership with Ctrl Alt and the Dubai @Land_Department, Ripple Custody will deliver scalable and secure storage for the Dubai Land Department’s tokenized real estate title deeds, which have been issued on the XRP Ledger – enabling fractional ownership, transparency, and…
— Ripple (@Ripple) July 16, 2025
Ripple has also announced partnerships with Bank of New York Mellon, AMINA Bank, and OpenPayd.The Ripple USD (RLUSD) stablecoin currently possesses a market capitalization of more than 517 million dollars. As the stablecoins will be regulated clearly with the help of the GENIUS Act, analysts anticipate their further growth.
Indicators prove the uptrend is confirmed. XRP has blasted out of a seven-month symmetrical triangle pattern on the upper boundary of the pattern. The price also trades above the 50-day and the 200-day exponential moving averages. This helps in maintaining a further surge towards the $5 position.
