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On-chain activity rises with recent rebounds in Bitcoin, XRP, and Cardano, but no clear signs of coordinated trading.

Technical Signals
22 Oct 2026
Tokenpost
View Source
Bullish
On-chain activity rises with recent rebounds in Bitcoin, XRP, and Cardano, but no clear signs of coordinated trading.

Recent rebounds in Bitcoin, XRP, and Cardano have coincided with increased on-chain activity, including more tokens moving to exchanges for Bitcoin, higher transaction volumes for XRP, and a rise in large-value transactions for Cardano. However, these metrics do not confirm whether large holders coordinated trades or intended to influence prices. The data shows more movement around price gains but does not clarify the motivations or outcomes of these transactions, leaving the market dynamics uncertain.

As of Oct 22, 2026 13:31 WIB, Bitcoin trades at Rp1.488.006.252 with a slight 1-day decline of 0.03%, contrasting with XRP's modest 0.78% gain at Rp24.161. Cardano, meanwhile, is down 1.75% at Rp3.928, showing more volatility compared to the other two. XRP's 24-hour volume of Rp43,68T is notably higher than Cardano's Rp5,7T but far below Bitcoin's Rp639,15T, highlighting different levels of market activity among these assets on Pluang.

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