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XRP market share drops from 5% to 3% amid price fall and rising supply despite institutional growth

Market News
13 Oct 2026
Coinpaper
View Source
Bearish
XRP market share drops from 5% to 3% amid price fall and rising supply despite institutional growth

XRP's share of the cryptocurrency market declined from about 5% in July 2025 to 3% in October 2026, as its market capitalization fell from $202 billion to $85 billion, a 58% drop. This decline occurred despite expanding institutional adoption of Ripple's blockchain technology, highlighting that increased network use has not translated into proportional demand for XRP tokens. The circulating supply of XRP also grew, adding downward pressure on its price and market share. Going forward, XRP faces challenges in regaining market dominance amid competition and supply dynamics.

XRP's market cap on Pluang stands at Rp1.550,8 trillion as of Oct 14, 2026, 03:32 WIB, with a price of Rp24.572 and a 1-day gain of 0.44%. Despite the news of XRP's market share dropping from 5% to 3%, Pluang data shows a steady interest with 61% of order activity on the buy side and a typical hold time of 72 days. This suggests that while XRP faces challenges in market dominance, it maintains a solid base of retail investor engagement on the platform.

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