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XRP risks losing top crypto status if Ripple fails to boost token demand amid rising competition.

Analyst Insights
22 Oct 2026
Zycrypto
View Source
Bearish
XRP risks losing top crypto status if Ripple fails to boost token demand amid rising competition.

XRP's price dipped amid broader crypto market pressure, with analyst Ellio Trades warning that XRP could lose its top cryptocurrency status if Ripple doesn't convert partnerships into real token demand. Competing networks are advancing in financial services and real-world asset tokenization, areas crucial to XRP's value proposition. Stablecoins gaining traction for cross-border payments also challenge XRP's traditional role. For XRP to regain strength, Ripple must show sustained demand for the token by expanding its ecosystem and attracting active business use, not just isolated partnerships. Community concerns and mixed on-chain activity suggest investor patience is waning, though technical support levels could guide near-term price movements.

XRP holds a market cap of Rp1.481,48 trillion on Pluang as of Oct 23, 2026, 05:21 WIB, with a 24-hour trading volume of Rp34,93 trillion. The token's price is Rp23.553, down 5.10% in the last day, while Pluang order activity shows a slight majority of selling at 55%. Typical holding time on Pluang is 72 days, reflecting moderate investor engagement despite recent price pressure.

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