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XRP Options Trading Volume Surges 350% Ahead of CLARITY Act Vote

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XRP's options trading volume has surged by nearly 350% in the last 24 hours, according to Pluang. This surge surpasses that of Bitcoin and Ethereum as traders position ahead of the Senate's CLARITY Act cloture vote today.

The increased trading volume reflects strong bullish momentum in XRP derivatives, with a total of $5.52 billion traded and open interest reaching $3.12 billion. The outcome of the vote is uncertain but highly anticipated by the crypto community.

XRP's market cap stands at Rp1.551,91 trillion, while its price on Pluang has reached Rp24,892 with a modest 0.88% gain in the last day.

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