XRP Price Holds Steady While Options Activity Surges

The XRP price has remained at $2.14, demonstrating stability as traders shift their focus towards options trading. Recent data reveals a significant decline in futures volume, down over 51%, indicating reduced speculative activity. However, the options market is experiencing a surge, with open interest and volume both exceeding expectations by around 122% and 179% respectively. This suggests that traders are actively engaging in hedging strategies or seeking potential price shifts in anticipation of future market movements. While futures trading has cooled down, options activity is increasing, potentially signaling a shift in investor sentiment.