XRP and Solana show highest implied volatility at 8.7% for Nov. 1

XRP and Solana Lead Weekly Options Moves at 8.7%

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XRP and Solana lead major cryptocurrencies in expected short-term price swings, with options implying weekly moves of ±8.7% through November 8, according to data published by Coinbase Markets on November 2.

The figures reflect options-implied price uncertainty through November 8, without establishing a specific cause or predicting the direction of prices.

XRP and Solana Lead Weekly Options Moves at 8.7%
XRP and Solana show highest implied volatility at 8.7% for Nov.

Key Weekly Options Metrics

The comparison places both altcoins ahead of the two largest cryptocurrencies in expected percentage price movement over the same period.

Asset Implied Weekly Move (1σ)
Solana (SOL) ±8.7%
XRP ±8.7%
Ether (ETH) ±7.7%
Bitcoin (BTC) ±5.8%

XRP Premium Exceeds Historical Moves

Coinbase Markets stated that XRP’s volatility premium was particularly elevated:

“$XRP carries the widest premium to its median 7d move (1.76×). Is any of this priced too calmly?”

The 1.76× multiplier highlights the gap between current options pricing and XRP’s historical seven-day trading behaviour.

Spot Prices and Market Risks

Coinbase spot-market data places XRP’s trading range at $1.14 to $1.36, while Solana’s reference range sits around $92 to $95.

Unlike insured bank deposits, cryptocurrency holdings generally lack statutory deposit insurance under US FDIC or German EinSiG frameworks.

Options carry pricing, liquidity and counterparty risks, while the implied weekly moves are statistical estimates rather than guaranteed outcomes.

The November 8 expiry window provides the next reference point for comparing options-implied expectations with actual market performance.

MT
About the author

Marcus covers XRP and cross-border payments: court rulings, regulation, partnerships and what they mean for the XRP market.

All posts by Marcus Thorne

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Data: CoinGecko. Prices in USD.

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