XRP futures volume jumped in August, but I’m not sure it tells us what people think it does

XRP had a strong August, and futures activity picked up a lot with it. Binance, Bybit, and OKX handled more than $64B in XRP futures volume during the month. Binance did most of it at around $37B, while Bybit and OKX added roughly $14.5B and $12.9B. That was the highest futures activity XRP had seen since February.finance. XRP also moved from around $1.06 at the start of August to about $1.50 later in the month, before ending closer to $1.35. Spot trading volume also increased across Binance, Up

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