XRP Options Market Flashes Bullish Signal as Traders Flock to Upside Bets

XRP's derivatives market is flashing an unusually bullish signal, according to Coinbase Markets.

The exchange reports that XRP's one-week 25-delta options skew has reached 9.3 volatility points, placing it in the 95th percentile of historical readings.

This highlights a widening gap between calls and puts, with traders showing a much stronger appetite for upside exposure.

Coinbase Markets notes that XRP options are leaning toward upside convexity, suggesting that demand for bets on XRP rising is currently far outpacing demand for comparable downside protection.