XRP Options Traders Bet Big on Upside, Eye $2.90–$3.50 Targets Ahead of Sept. 12 According to market analyst CoinDesi, XRP traders are leaning heavily bullish in the derivatives market, snapping up 3x more call options than puts over the last 24 hours. This aggressive positioning signals growing confidence that the token is poised for an upward breakout in the coming days. Options data is often considered a window into market sentiment, and right now, the outlook is decisively tilted toward higher prices. CoinDesi notes that the majority of call activity is concentrated around the $2.90 strike, suggesting traders see this level as the next major battleground. Price targets being discussed include $2.90, the psychologically significant $3 mark, and potentially as high as $3.50 before September 12. The renewed bullishness follows a period of consolidation for XRP, which has recently struggled to hold momentum despite broader optimism in the crypto space. However, options traders appear to be betting that a breakout is imminent. A surge in call buying generally indicates expectations of strong upward price action, as traders are willing to pay a premium for the right to buy at higher levels. What makes $2.90 especially important is not just its technical relevance, but also its role as a stepping stone toward $3, a price that carries symbolic weight. Round numbers in crypto often serve as psychological anchors, drawing in retail attention and amplifying momentum once broken. Just hours ago, XRP surged back above the key $3 psychological level after weeks of resistance, sparking a fresh wave of market optimism. Although XRP has pulled back to $2.96 , call options targeting $3.50 highlight traders’ expectations of momentum-driven overshooting. Should trading volume and liquidity align with bullish sentiment, XRP could extend beyond conservative projections, catching short sellers and hesitant traders off guard. For now, the message from options traders is clear that the majority of them are betting on XRP climbing higher, with September 12 shaping up as a crucial short-term milestone. Ripple Reportedly Running Trials with Nasdaq, Says Market Observer SMQKE Renowned crypto observer SMQKE reports that Ripple is running trials with Nasdaq, one of the world’s largest stock exchanges. If confirmed, this would mark a major step in linking traditional finance with blockchain settlement technology, sparking speculation over XRP’s role in powering global markets. Ripple has long positioned itself as a key player in modernizing cross-border payments and liquidity management. Its On-Demand Liquidity (ODL) system leverages XRP to settle transactions in seconds, offering an alternative to the slow and expensive infrastructure of legacy systems like SWIFT. Trials with Nasdaq suggest Ripple’s technology could expand beyond international remittances and into capital markets, where trillions of dollars flow daily. Though details remain scarce, SMQKE’s claim has electrified the crypto community. Nasdaq, home to over 4,000 companies worth $25 trillion, is a cornerstone of global finance. If Ripple’s technology is indeed under trial there, it could signal a game-changing leap toward faster settlements, reduced costs, and seamless integration of digital assets with traditional markets. Therefore, if the Ripple-Nasdaq collaboration materializes, it could herald the rise of blockchain-driven efficiencies in capital markets, an industry primed for disruption. Even if XRP isn’t directly involved, these trials suggest that traditional financial giants are moving beyond isolated experiments and exploring blockchain integration at the core of their operations. Conclusion If confirmed, Ripple’s trials with Nasdaq could mark a pivotal moment for finance, signaling a future where digital assets integrate seamlessly with global markets. XRP’s potential role highlights crypto’s rising legitimacy, positioning Ripple as a bridge between legacy systems and the next era of financial technology. Meanwhile, XRP traders are betting big on a surge, with most action around $2.90 and targets up to $3.50. The next few days will reveal if this bullish sentiment drives real momentum.
