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Crypto Prune > News > Crypto > Altcoins > Rocket pool prices skyrocket in a 150% jump.
Altcoins

Rocket pool prices skyrocket in a 150% jump.

6 months ago 3 Min Read

Rocket pool prices have skyrocketed 29% over $6 over the last 24 hours, meaning 150% spikes are open.

Holders of native tokens of the Decentralized Ethermu Staking Protocol Rocket Pool (RPL) witnessed an impressive 29% price rise when several altcoins rose alongside Ethereum (ETH). The 24-hour profit extended the increase from RPL’s under $5 support.

In particular, the profits of the liquid staking protocol are a significant 800% increase in daily trading volume. Coinglass data showed that the rocket pool was open 150% of the jump. OI is a metric analyst used to assess market sentiment around a particular token, and factors such as liquidity and price movement are also prominent.

The surge in open interest in RPL futures highlights the confidence traders are showing in Altcoin. With each Coinglass, open interest on rocket pools exceeded $22.5 million on June 3, 2025, up from under $9 million on May 31.

You might like it too: Keeta Price hits the newest height ever, among 14% spikes

The integration of Rocket Pool and ChainLink is also a key development in recent years to allow users to transfer liquid staking token rocket pool ETH between the Ronin network and Ethereum.

According to Defillama, Rocket Pool is locked at over 690K on Staked ETH and totalling over $1.8 billion. This capacity is expanded with chain link integration, which brings RETH cross-chain token transfers.

RPL is retesting the price levels it last saw in mid-May, with breakouts looking at a psychological $10 level.

Rocket pool prices skyrocket in a jump of 150% open presents - 1

Rocket Pool Price Chart on crypto.news

See also  Merlin Chain joins forces with Takara lenders to introduce SEI for advanced Bitcoin defi

As with ETH boost-related token gatherings such as Aave, Lido Dao and Arbitrum, the Rocket Pool moved high after Bears staged a comeback around $5.79.

Adding trading support for German RPL along with seven other tokens helped rocket pool prices hit the resistance line. The new momentum means buyers could be on another leg crisis above $6.

RPL prices reached a high of $12 on February 11, 2025.

You might like it too: Hype jumps 15% in Binance Our Listing News, Eye Breakout to New Ass

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