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XRP futures outperform Solana on Kraken

From thestreet.com

For the first time, XRP perpetual futures on the U.S.-based crypto exchange Kraken have surpassed trading volume for Solana's (SOL) perpetual futures—reflecting a serious spike in investor interest in the payment-focused token XRP. According to data from CoinDesk, XRP perpetuals were $3.48 billion in volume on Kraken this month compared to Solana's $3.23 billion. The volume increase came on the heels of a 40% rise in XRP's spot price to $3.66, while SOL's price increased 17% to $181. Kraken's head of derivatives, Alexia Theodorou, said that the volume increase corresponds with a renewed confidence in XRP, positivity ... (full story)

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  • Category: Fundamental Analysis