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XRP market value drops $117B as its crypto dominance falls from 5% to 3.1% amid price decline.

Market News
14 Oct 2026
Cointribune
View Source
Bearish
XRP market value drops $117B as its crypto dominance falls from 5% to 3.1% amid price decline.

XRP's market capitalization has fallen by about $117 billion, dropping its share of the total crypto market from nearly 5% in July 2025 to around 3.1% in October 2026. This decline is mainly due to a price drop from $3.42 to $1.37, despite a 6.6% increase in circulating supply. The XRP Ledger's growing adoption has not translated into proportional demand for XRP tokens, as network fees remain low and some institutions use Ripple's technology without holding XRP. Future recovery in XRP's dominance could come from inflows to XRP ETFs or a shift in investor interest toward altcoins, but partnerships alone may not boost its market value without real token demand.

XRP trades at Rp24.640 on Pluang as of Oct 14, 2026 19:21 WIB, showing a 1.18% gain in the last day. Its market cap stands at Rp1.546,84 trillion with a 24-hour volume of Rp37,08 trillion. Despite the recent market value drop noted in the article, Pluang users show a 61% buy order activity and hold XRP for an average of 72 days.

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