The XRPL stablecoin market cap dropped 13.19% over the past week to about $999.9 million, falling just below the $1 billion mark. This decline is largely due to Ripple's RLUSD token, which makes up over 90% of XRPL stablecoin value, decreasing by 14.39% as Ripple shifted supply from XRPL to Ethereum to meet institutional demand and leverage more mature DeFi applications. Despite the contraction, new partnerships with Cross River Bank and Standard Chartered aim to boost RLUSD liquidity and settlement volume on XRPL, potentially restoring supply. Investors should watch whether stablecoin supply recovers and how Ripple's mint and burn activities evolve across different blockchains.
As of Oct 23, 2026 13:21 WIB, XRP trades at Rp23,973 on Pluang, showing a 1.06% decline over the past day. The market cap of XRP stands at Rp1.511,13 trillion, indicating strong overall valuation despite the XRPL stablecoin market cap falling below $1 billion. Trading volume remains robust at Rp31,17 trillion in 24 hours, with a balanced order activity of 55% sell and 45% buy, and investors typically holding for 72 days.
On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...
On October 20, Bitfinex saw its XRP long positions increase to 5.07 million while the XRP/USD price rose by 1.65% during the same period. The rise in long exposure alongside price movement indicates growing leveraged trading activity. Crypto analyst ...
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
Crypto analyst CasiTrades states that XRP needs to surpass $1.65 to confirm the end of its price correction based on Elliott Wave analysis. Resistance levels are noted at $1.35, $1.41, $1.46, $1.53, and $1.58 before reaching $1.65. If XRP breaks this...
Vandell Aljarrah, co-founder of Black Swan Capitalist, highlighted XRP's historical price movement, noting roughly two years of price consolidation before its major rally in 2017-18. He emphasized that losing patience during such stagnant periods is ...
