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 grows with the square of its users, and describes growth as an S-curve that can accelerate with more participants. XRP transaction burns reduce supply, potentially boosting value, and XRP could serve as a bridge asset connecting multiple currencies, enhancing demand. While XRP transfers and new addresses are rising, this activity alone hasn't yet driven significant price changes.
XRP is trading at Rp23.933 on Pluang as of Oct 23, 2026 15:31 WIB, showing a slight 0.17% decrease in the past day. The market cap stands at Rp1.511,82 trillion, indicating significant investor interest despite the price dip. Trading volume remains active at Rp30,54 trillion, with a balanced order activity of 55% sell and 45% buy, and investors typically hold XRP for about 72 days on the platform.
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 $...
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...
