• XRP options open interest nears $100M amid rising volatility.
• Bullish bets dominate as traders favor XRP call options heavily.
• Implied volatility pushes XRP ahead of BTC, ETH, and SOL.

This rise marks a 38 percent increase in just two weeks, signaling renewed interest in XRP’s short-term trading opportunities. Higher contract volumes, ranging from 26 percent to 42,414 contracts, have buttressed the increase. Every contract equals 1,000 XRP, which highlights the scope of constant speculative activity.

Implied volatility has been a dominant participant in this trend as traders seek to exploit high-reward situations. Lin Chen, Head of Asia Business Development at Deribit, said XRP has shown higher implied volatility compared to Bitcoin, Ethereum, and Solana and is now the highest-ranked option on the radar.

Numerous investors are selling cash-secured puts with stablecoins in the event of purchasing XRP at reduced prices. The high premium level is its advantage, and the present options environment should be appealing to institutional and retail participants.

Moreover, XRP commanded technical strength by closing above its 20-week moving average. This signal reinforced the bullish mood and helped increase derivatives market participation.