XRP Options See Record-Bullish Expectations Amid 18% Price Surge

XRP options have seen a significant increase in bullish expectations, reaching levels not seen in over a year. According to Coinbase Markets, the one-week skew index has risen to 9.3 volatility points.

This surge is attributed to XRP's price rise of around 18% over the past seven days, accelerating the shift towards upward positions among investors.

The indicator shows that investors are paying more for bullish bets than bearish ones, indicating a strong inclination towards a price increase.