XRP Open Interest Crashes 75%, Binance Dominates Amid Regulatory Clarity

XRP open interest has dropped 75% from its recent peak, signaling a shift away from leveraged futures positions and speculation-driven activity. Binance remains dominant, while other exchanges have seen sharper declines. Regulatory clarity is growing, which could support longer-term stability and reduce risk exposure. The market is transitioning toward a more controlled structure, with reduced dependence on leveraged positions and less likelihood of sudden liquidation cascades.