{"id":92611,"date":"2024-09-09T11:28:54","date_gmt":"2024-09-09T15:28:54","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=92611"},"modified":"2024-09-09T11:31:14","modified_gmt":"2024-09-09T15:31:14","slug":"rocket-pool-rpl-price-soar-30","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/rocket-pool-rpl-price-soar-30\/","title":{"rendered":"Rocket Pool (RPL) Price Soars 30% Amid Binance Announcement"},"content":{"rendered":"\n

Rocket Pool<\/a> (RPL) price increased by 30% today as Binance crypto exchange announced a USD-Margined perpetual contract for the token.<\/p>\n\n\n\n

\"Rocket<\/figure>\n\n\n\n

Rocket Pool, a decentralized Ethereum liquid staking pool, gained significant attention from traders and investors on Monday as its native token, RPL, surged nearly 30%. <\/p>\n\n\n\n

This rally followed a key listing update from crypto exchange Binance<\/a>, sparking bullish momentum in the broader market.<\/p>\n\n\n\n

Market participants are now speculating on whether the token can maintain its upward trajectory.<\/p>\n\n\n\n

Binance Announces Rocket Pool Futures Listing<\/strong><\/h2>\n\n\n\n

On September 9, Binance officially announced\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> the RPLUSDT USD-Margined perpetual contract launch, which went live at 12:30 UTC. <\/p>\n\n\n\n

The exchange offers users up to 75x leverage for trading the asset.<\/p>\n\n\n\n

Rocket Pool, an Ethereum liquid staking protocol, serves as the underlying asset for this contract. The capped funding rate was set at +2.00% \/ -2.00%, and Binance also stated that the Multi-Assets mode would be supported for this asset.<\/p>\n\n\n\n

However, Binance added that it “may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and\/or maintenance margin requirements.” <\/p>\n\n\n\n

This announcement appears to have generated a wave of optimism for Rocket Pool\u2019s native token, causing its price to surge by 30%.<\/p>\n\n\n\n

RPL Price Jumps 30%<\/strong><\/h2>\n\n\n\n

As of the time of writing, the RPL token has increased by more than 30% in the last 24 hours, currently trading at $12.08. The intraday low and high for the token were $9.18 and $12.53, respectively. <\/p>\n\n\n\n

RPL\u2019s 24-hour trading volume also saw a massive increase of 503.75%, reaching $21.51 million.<\/p>\n\n\n\n

This price surge is primarily attributed to the Binance futures listing<\/a>, which has heightened investor interest. <\/p>\n\n\n\n

Coinglass data also revealed a significant 413.18% rise in the token\u2019s futures open interest (OI), amounting to $4.57 million, while the derivatives volume skyrocketed 1766.45% to $16.20 million.<\/p>\n\n\n\n

Rocket Pool is currently riding a strong uptrend, boosting investor confidence in its future price movements, especially with the added support from a major exchange. <\/p>\n\n\n\n

Similar price spikes following a futures listing announcement as observed with other tokens, such as NEIRO. <\/p>\n\n\n\n

The current RPL price surge follows a similar pattern seen with past token performances post-listing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rocket Pool (RPL) price increased by 30% today as Binance crypto exchange announced a USD-Margined perpetual contract for the token. Rocket Pool, a decentralized Ethereum liquid staking pool, gained significant attention from traders and investors on Monday as its native token, RPL, surged nearly 30%. This rally followed a key listing update from crypto exchange […]<\/p>\n","protected":false},"author":56,"featured_media":92615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834,32,21],"tags":[18285,326,19028],"class_list":["post-92611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","category-crypto-exchange-news","category-news","tag-binance-listing","tag-binance","tag-liquid-staking"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/Rocket-Pool-RPL-Price-Soars-30-After-Binance-Announcement.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=92611"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/92615"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=92611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=92611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=92611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}