Delibit options data reveal surprising divergence in feeling for the main cryptocurrencies, with bullish positioning in XRP and Solana (Sun contrasting with persisted fears on Bitcoin (BTC) and ether (Eth).
At the time of writing this item, XRP’s purchase options or bullish bets were more expensive than all the tenors are going through, according to the Amberdata data source. From here, December expiration calls are negotiated with a 6 -point volatility points to puts, indicating a bias for a year’s end of the year. XRP, the cryptocurrency centered on payments, is the third largest for market value.
Sun options also exhibited optimism, with December calls to trade with a 10 -point flying premium.
A purchase option gives the buyer the right, but not the obligation, to buy the underlying asset at a predetermined price in or before a specified future date. It represents an upward bet in the market, while a sales option ensures against price slides.
XRP’s positive tone is probably driven by renewed enthusiasm around the possible approval of the bags quoted in the stock market (ETF) In the United States, at least six to seven main issuers, including Bitwise, 21Shares, Wisdomtree, Coinshares, Canary Capital and Franklin Templeton, have pending applications or active amendments to the Bag and Securities Commission of the United States (SECOND).
The SEC has delayed decisions about these presentations, promoting key approvals, such as the Wisdomtree ETF XRP, at the end of October 2025. As these presentations fall within a similar review period, the market seems to be prepared for an approval or synchronized rejection event that could significantly affect the price of XRP.
The XRP community is highly optimistic, looking at substantial price profits by the end of the year if the ETFs are approved.
“The first month flow base case: $ 5B+. Dessex of independent market PEG SPOT of first month The ETF XRP in $ 5B+ entries before the reflexive persecution. That is a serious demand shock for a supply that is partially blocked by custody and concentrate”, the pseudonym toal of XRP Pimpio said in X, mentioning $ 50 as the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for the potential price for XRP XRP. The cryptocurrency currently lies in around $ 2.88, according to Coendesk data.
Sol’s optimism probably comes from the approval of the RCEE of the Alpenglow update of its main blockchain blockchain, which probably increases the speed of the network. Bitget’s main analyst Ryan Lee described him as “a decisive moment for the trajectory of the network.”
“The approval of the Alpenglow of Solana update with more than 98 percent mattress support marks a decisive moment for the trajectory of the network. The reduction of the purpose of the transaction of 12.8 seconds to only 100-150 milliseconds transforms solana into one of the fastest block chains in operation, unlocking possibilities that extend far beyond marginal efficiency gains “,” Lee said in an email.
Lee said that the speed impulse will accelerate the adoption of Solana in real -time trade, high frequency strategies and perfect arbitration in the chain. He explained that Alpenglow’s design coincides with Blockchain settlement speeds with traditional financial systems, overcoming a great obstacle to institutions doubting to adopt a decentralized infrastructure. This alignment makes Solana an attractive and scalable blockchain option for institutional use.
BuC and Eth
The feeling with respect to Bitcoin seems decisively bassist, since the puts have a higher price than the calls even for the expiration trade of March 2026.
The BTC rally has stagnated above $ 100,000, with prices fighting for a sudden after the disappointing US jobs report. UU. Analysts have blamed the deceleration of ETF tickets, the taking of earnings by long -term holders and the rotation of whales in ether by the action of the BTC price.
That said, the options linked to Ether also showed a bias for the December expiration. ETH has abruptly retired to $ 4,300 from the record of almost $ 5,000 reached last month.
