- XRP traders are loading up on call options at $2.80 and $3, signaling confidence in a potential rally following banking-related bullish sentiment.
- Trading volume jumped 56% in a week, reaching $4.2 billion, with XRP touching $2.30 amid strong buying pressure from retail and institutional investors.
- While $3 looks like a reachable target, $4 strike calls appear more speculative unless new catalysts emerge.
Ripple (XRP) is gaining serious momentum, with bullish traders targeting a price surge toward $3. A growing number of call strike options at $2.80 and $3 are flooding the market, signaling confidence in XRP‘s short-term upside. According to data from Deribit Amberdata, some traders are even placing bets at the $4 strike price for September 28, 2025, though that seems more ambitious. The $2.80 call option has seen the most action, while the $3 strike has already moved over 2 million contracts.
Options Sentiment Turns Sharply Bullish
For those not deep in the options game—a call option gives buyers the right (but not the obligation) to purchase XRP at a fixed price later on. Rising activity in these contracts, especially around higher strike prices, usually reflects growing optimism. In this case, it suggests that traders believe XRP has the potential to break through the $3 ceiling. That optimism is being fueled by Ripple’s latest banking advancements, which have clearly triggered renewed interest from both retail and institutional players.

XRP’s Volume Spikes as Price Climbs
The numbers tell the story. Just a week ago, XRP’s daily trading volume was hovering around $2.7 billion. Fast-forward to Thursday, and it jumped to $4.2 billion—a staggering 56% spike. The result? XRP climbed about 5% in one day, reaching as high as $2.30. That kind of volume shift, especially during a banking-fueled hype cycle, often signals the start of a broader rally. Every major timeframe—from 24 hours to 1 year—has flipped green, adding more fuel to the fire.
$4 Strike Calls Exist—But Are They Realistic?
While a $3 rally seems increasingly plausible thanks to mounting call options and trading activity, a leap to $4 is still a stretch. The contracts are there, sure, but that level would need serious market tailwinds or a major catalyst. Traders are clearly bullish, but a sense of realism remains. The focus now is whether XRP can hold its gains and push past the psychological barrier of $2.80—then $3. Beyond that? It’s anyone’s game.