ChainCatcher News: An exciting options trading show has unfolded in the blockchain market! According to Coindesk, Deribit data reveals the active dynamics of the XRP market: The trading volume of XRP call options with a target price of $5 has surged, becoming the second largest XRP option by trading volume in the past 24 hours, with a contract trading volume of up to 1.7 million.

Moreover, call options at this price level have also become the most popular out-of-the-money options, with a notional open interest reaching $1.25 million. This data suggests that investors' optimistic expectations for XRP's future price are heating up, and market sentiment is worth paying attention to. Through on-chain data analysis, we can gain a deeper understanding of the driving forces behind this market behavior.