XRP Options Signal Biggest Volatility Jump Among Major Cryptocurrencies
XRP's price volatility has reached its highest point among major cryptocurrencies, with options implying a 7.7% change this week, according to Coinbase data.
This surpasses Bitcoin and Ethereum, which typically see a 5% weekly move.
Traders are paying higher premiums for options, suggesting they expect a strong breakout, but if XRP moves less than expected, volatility buyers could overpay.
XRP has gained over 43% in the past month, setting the stage for potential market shifts as it currently trades around $1.43.