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Reading: Rocket Pool price soars amid 150% jump in open interest
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Your Crypto News Today > News > Crypto > Altcoins > Rocket Pool price soars amid 150% jump in open interest
Altcoins

Rocket Pool price soars amid 150% jump in open interest

June 6, 2025 3 Min Read
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Rocket Pool price soars amid 150% jump in open interest

Rocket Pool worth has surged 29% previously 24 hours to interrupt above $6, with this coming amid a 150% spike in open curiosity.

As a number of altcoins rose alongside Ethereum (ETH), holders of the native token of decentralized Etherum staking protocol Rocket Pool (RPL) witnessed a formidable 29% worth enhance. The 24-hour beneficial properties prolonged the uptick from assist beneath $5 for RPL.

Notably, the liquid staking protocol’s beneficial properties got here with a large 800% enhance in day by day buying and selling quantity. Knowledge from Coinglass additionally confirmed Rocket Pool commanding a 150% soar in open curiosity. OI is a metric analysts use to gauge market sentiment round a specific token, with components resembling liquidity and certain worth actions additionally notable.

The surge in RPL futures open curiosity highlights the arrogance merchants are displaying within the altcoin. Per Coinglass, the Rocket Pool open curiosity stood at over $22.5 million on June 3, 2025 – up from underneath $9 million on Could 31.

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Rocket Pool’s integration with Chainlink to permit for customers to switch the liquid staking token Rocket Pool ETH between Ronin Community and Ethereum, can be a key current growth.

In keeping with DeFiLlama, Rocket Pool has over 690k in staked ETH and greater than $1.8 billion in complete worth locked. The Chainlink integration that brings cross-chain token transfers for rETH expands this capability.

RPL is retesting the worth stage final seen in mid-Could, and a breakout brings the psychological $10 stage into view.

Rocket Pool price soars amid 150% jump in open interest - 1

Rocket Pool worth chart from crypto.information

In addition to the rally for ETH boosting associated tokens resembling Aave, Lido DAO and Arbitrum, Rocket Pool has moved increased after bears staged a comeback round $5.79.

Coinbase including buying and selling assist for RPL in Germany alongside different seven tokens had helped Rocket Pool worth hit the resistance line. New momentum means consumers could also be on the verge of one other leg up above $6.

RPL worth reached highs of $12 on February 11, 2025.

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