XRP Spot Volume Rises 53% as Binance’s 30-Day Open Interest Average Hits a Sept. Low

XRP (XRP) spot volume rose 53.2% across tracked exchanges from Oct. 28 to Nov. 9 as Binance’s 30-day simple moving average of XRP open interest reached its lowest level since September, showing different trends in spot and derivatives activity. The seven-day average climbed from $513 million to $786 million. Binance’s average rose 51.9%, from $129 million to $196 million, while volume on other tracked exchanges increased 53.6%, from $384 million to $590 million. Binance made up about 25% of the tracked total on Nov. 9. The increase compares seven-day averages, not the total volume of individual days. These figures describe trading activity, not its direction. They do not show whether the added spot trading came from buyers or sellers, or whether it reflected net inflows into XRP.

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