AltSeason Incoming? Open Interest in These Altcoins Nears $1B Milestone—What’s Next?

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The crypto market is showing strong signs of life beyond Bitcoin. Futures Open Interest (OI)—a key metric reflecting the number of outstanding derivative contracts—has surged for several top altcoins. XRP, Ethereum (ETH), and Solana (SOL) are seeing a sharp rise in leveraged positions, with OI across these tokens nearing or surpassing the $1 billion mark.

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