According to Omkar Godbole, XRP's 30-day annualized realized volatility has dropped to 44%, the lowest since November 2016, based on TradingView data. This decline stems from prolonged range-bound trading between $2 and $2.60, mirroring Bitcoin's stability near $100,000 to $110,000. Godbole notes that volatility is mean-reverting, but the current level remains above the 15-30% historical bottom range, indicating potential for future price turbulence and breakout opportunities.