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The Ripple (XRP) cryptocurrency experienced a significant rise, surpassing the $1.60 level. This was supported by the clearing of short-selling positions worth $665 million and a 55% increase in trading volume, which reached $4.7 billion over 24 hours. The derivatives market also saw a rebound, with open interest in futures contracts rising to 2.3 billion coins, reflecting renewed trader confidence. Ripple announced new tools for developers to build AI agents using the XRP network. Meanwhile, whale flows toward the Binance platform continued, with market observers keeping an eye on potential profit-taking activities.
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