Ripple and its XRP benefit from “bullish sentiment” according to Nansen analysts

Ripple and its XRP benefit from “bullish sentiment” according to Nansen analysts
Ripple and its XRP benefit from “bullish sentiment” according to Nansen analysts

XRP in bull mode. The good news keeps coming from the XRP of Ripple. The term XRP is even more sought after than Bitcoin according to Google Trendsin recent days. This strong interest is also seen in the options markets on XRP, and shows a clear bullish sentiment according to the analyzes of the data specialist on-chain Nansen Research.

The key points of this article:
  • Ripple is on the rise, between ETF XRP, stablecoin RLUSD and a Trump administration very favorable to American crypto-companies.
  • Strong bullish sentiment for XRP was observed in the options markets, with a clear dominance of call options.

Planets perfectly aligned to drive Ripple’s success

After already one spectacular increase (in hundreds of percent!) in the weeks following the election of Donald Trump to the presidency of the United States, the token XRP experienced again an increase of several tens of percent at the beginning of January 2025.

Between the possibility of seeing a ETF XRP this year, the launch of Ripple’s house dollar stablecoin, the RLUSDand a Trump administration which promises to be very favorable to “American cryptocurrencies” (the company being based in the United States), everything seems to be smiling at Brad Garlinghouse’s company.

And according to, Nicolai SondergaardNansen Research analyst cited by The Block, enthusiasm of traders and investors for the digital token of Ripple is observed very well on the options markets. Because these are, unsurprisingly, the purchase options which explode, as we will see.

XRP heading to the Moon, and $5 first?

This Thursday, January 16, the XRP price has further exploded higher, reaching a high point at 3,38 dollarsvery close to its historical record (ATH) of 3,40 dollars dating back to… January 2018 ! And the participants in the Ripple cryptocurrency options markets are still clearly focused on buying:

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“Looking purely at the XRP options data, there is greater interest in calls than puts, indicating sentiment bullish (bullish). (…) The ratio put-call is also less than 1, further proving the higher interest in call options. »

Nicolai Sondergaard, analyst at Nansen Research

These derivative products give the possibility (option) to buy or sell an asset at a given price. In the case of Ripple’s digital token, many call options focus on the strike price of 5 dollars by XRP. These players, ready to acquire the altcoin at this price in the future, therefore believe that they will make a good deal by exercising their option (which costs fees to subscribe), because they anticipate an XRP price which would therefore be above 5 dollars.

And it might even be just a beginning for the Ripple token. Indeed, according to JPMorgan bank analysts, if XRP Spot ETF were indeed to be approved in 2025, they could attract billions of additional dollars of investment in this cryptocurrency.

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