XRP Options Market Flashes Extremely Bullish Signal

XRP's options market is signaling growing demand for upside exposure, with Coinbase Markets reporting a surge in call options over puts. The exchange notes 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 reading highlights a widening gap between calls and puts, with traders showing a much stronger appetite for upside exposure. In other words, demand for bets on XRP rising is currently far outpacing demand for comparable downside protection, pointing to heightened expectations for a potentially explosive price move.

According to Coinbase Markets, the remarkably high figure 'XRP options are leaning toward upside convexity.' This shift in options sentiment follows XRP's price rebound, with the payments-focused token regaining momentum after recent weakness. XRP has roared nearly 14% higher over the past seven days.