XRP’s estimated leverage ratio on Binance has climbed to 0.1899, its highest level of 2026, signaling increased speculative activity among futures traders. The rise matters because on-chain fundamentals have not kept pace, with daily active XRP Ledger addresses remaining flat at around 28,300 despite recent spikes in social interest. Analysts say this divergence between derivatives activity and network usage often reflects sentiment-driven trading rather than organic demand. Next, traders will watch key support near $1.17, as a breakdown could open the door to a move toward $0.73, while a strong close above resistance would be needed to restore bullish momentum.
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