Key Takeaways
- • XRP posted the highest annualized funding rate among major cryptocurrencies at 10.9% in a futures market snapshot dated October 24, signaling strong demand for long positions, according to Pluang.
- • Bitcoin followed with a 9.1% annualized funding rate and a 3.08% rise in open interest to $7.71 billion, pointing to growing trader activity.
- • Ether, Solana, and Dogecoin showed lower funding rates and mixed open-interest changes, indicating uneven leverage trends across the market.
- • As of October 25, 2026, XRP traded at Rp23,316 (up 0.62% on the day) with a market cap of Rp1,479.67 trillion, far smaller than Bitcoin's Rp29,253.35 trillion.
Summary
A Pluang futures market snapshot for October 24 shows XRP leading major cryptocurrencies with an annualized funding rate of 10.9%. Funding rates represent the cost traders pay or receive to hold leveraged positions, and a high positive rate indicates strong demand for long exposure and can signal prevailing market sentiment and leverage trends.
Bitcoin ranked second with a 9.1% annualized funding rate. Its open interest rose 3.08% to $7.71 billion, which the report characterizes as growing trader activity. Ether, Solana, and Dogecoin recorded lower funding rates, with open-interest changes that were mixed across the group.
Prices on Pluang as of October 25, 2026, 06:21 WIB, showed XRP at Rp23,316, a 1-day gain of 0.62%. Bitcoin was quoted at Rp1,454,519,972 with no daily change. Solana and Dogecoin were down 0.72% and 0.36% respectively, reflecting mixed short-term sentiment across altcoins. XRP's market capitalization of Rp1,479.67 trillion remains a fraction of Bitcoin's Rp29,253.35 trillion, underscoring its smaller scale despite its leading funding rate.
The figures are drawn from a single platform snapshot and reflect short-term derivatives positioning rather than a durable trend. Readers should weigh the funding-rate signal alongside spot pricing and broader open-interest data.
Bitcoin ranked second with a 9.1% annualized funding rate. Its open interest rose 3.08% to $7.71 billion, which the report characterizes as growing trader activity. Ether, Solana, and Dogecoin recorded lower funding rates, with open-interest changes that were mixed across the group.
Prices on Pluang as of October 25, 2026, 06:21 WIB, showed XRP at Rp23,316, a 1-day gain of 0.62%. Bitcoin was quoted at Rp1,454,519,972 with no daily change. Solana and Dogecoin were down 0.72% and 0.36% respectively, reflecting mixed short-term sentiment across altcoins. XRP's market capitalization of Rp1,479.67 trillion remains a fraction of Bitcoin's Rp29,253.35 trillion, underscoring its smaller scale despite its leading funding rate.
The figures are drawn from a single platform snapshot and reflect short-term derivatives positioning rather than a durable trend. Readers should weigh the funding-rate signal alongside spot pricing and broader open-interest data.
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