Hyperliquid Flips XRP in Futures Open Interest

Hyperliquid has surpassed XRP in crypto futures open interest, with $1.45 billion in open interest compared to XRP's $1.12 billion, according to Coinglass data. This shift in derivatives market attention suggests that futures traders are increasingly betting on Hyperliquid over XRP. Despite XRP's modest 1.26% price surge, it remains ahead of Hyperliquid in the broader crypto market by market capitalization.