The XRP Ledger's total stablecoin market cap fell 13.19% over the past week to about $999.9 million, mainly due to a 14.39% drop in Ripple's RLUSD stablecoin, which holds over 90% of XRPL's stablecoin value. Ripple burned $50.6 million RLUSD on XRPL while minting $38.6 million on Ethereum, signaling a shift of liquidity from XRPL to Ethereum where DeFi use cases are stronger. Despite the decline, XRPL remains 12th globally in stablecoin supply, and new partnerships with Cross River Bank, Arf, and Standard Chartered could help stabilize or grow supply on XRPL going forward.
XRP trades at Rp23.779 on Pluang as of Oct 23, 2026 16:31 WIB, showing a slight 0.48% decline over the past day. The platform sees a balanced order activity with 55% Sell and 45% Buy, and typical holders keep XRP for about 72 days. This trading behavior occurs while the XRPL stablecoin supply experiences a notable drop, highlighting shifting liquidity dynamics within the Ripple ecosystem.
On October 21, XRP's 100-day moving average crossed above its 200-day average, a technical event often seen as a bullish signal. However, this crossover is mainly due to a base effect from shifting price data, not fresh buying demand, as XRP's price ...
Crypto researcher SMQKE highlighted that XRP's long-term value depends on broader network adoption by banks, payment providers, and applications, which can increase its usefulness. The analysis references Metcalfe’s Law, suggesting network value grow...
XRP was trading at $1.33 as of early Friday, slightly above its identified support level of $1.30 and below its resistance at $1.45. The token's price fell by 0.93% over the past 24 hours. This positioning suggests XRP is holding near a key support l...
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....
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 $...
