Data from the cryptocurrency options market reveals a bullish sentiment for XRP and Solana 
$143 (SOL), while Bitcoin (BTC) 
$91,967 and Ethereum (ETH) 
$3,139 are expected to face potential declines. According to pricing observed on the Deribit exchange, investors are approaching XRP and SOL with optimism for the year-end, whereas they remain cautious about BTC and ETH.
XRP and Solana’s Promising Prospects
Amberdata indicates that XRP’s call options have been trading at a higher price than put options across all maturities. The December call options trading at a six volatility points premium over puts reflects expectations for a year-end rally. Currently, XRP is trading at $2.88. The U.S. Securities and Exchange Commission’s (SEC) postponing of applications from major issuers like WisdomTree, Franklin Templeton, and 21Shares until the end of October has become a determining factor. These applications being decided around the same time could influence pricing.
There are prominent expectations for XRP that approved ETFs could bring over $5 billion in inflows in the first month. A significant portion of the supply being locked could result in a stronger price impact from increased demand.
On the Solana front, call options are trading at a higher premium over put options. This difference reached 10 volatility points in the December contracts, linked to the recently approved Alpenglow update, which received support from over 98% of stakers. This update reduced transaction finalization time from 12.8 seconds to 100-150 milliseconds, increasing Solana’s network processing speed. This development is particularly important for high-frequency trades and institutional applications.
Cautious Outlook for Bitcoin and Ethereum
Regarding Bitcoin, option pricing indicates a potential decline. In March 2026 maturities, put options are more valuable than call options. BTC has lost its upward momentum despite staying above the $100,000 level, impacted by U.S. employment data falling short of expectations. Experts cite the slowdown in ETF inflows and profit-taking as significant factors.
A similar scenario is evident for Ethereum. In the options market, December contracts showcase a preference for puts. The ETH price, which climbed to $5,000 last month, has receded to $4,300, indicating investors are seeking protection against short-term declines. Weakening liquidity conditions and a decrease in institutional inflows are also exerting pressure on prices.
