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XRP market cap drops $61B in a year despite Wall Street backing and rising derivatives interest.

Market News
19 Oct 2026
Finbold
View Source
Bearish
XRP market cap drops $61B in a year despite Wall Street backing and rising derivatives interest.

Over the past year, XRP's market capitalization fell by $61.11 billion, a 42.62% decline from $143.38 billion to $82.27 billion, despite increased adoption by Wall Street investors. The token faced heavy selling pressure, bottoming near $1 in June 2026, but rallied 43% in the third quarter to around $1.30. Meanwhile, XRP's derivatives market gained momentum, with Open Interest rising nearly 17% to $13.53 billion, reflecting bullish sentiment. This decline occurred even as Evernorth Holdings and other major investors launched a $1 billion corporate XRP treasury vehicle, holding 473 million tokens worth about $615 million.

XRP's market value change over the past year is provided here for context. For readers following US stocks on Pluang, as of Oct 20, 2026 00:41 WIB, out of 150 priced US stocks, 53 rose and 94 fell. Notable movers include AMZN at USD 262.59 with a 1-day change of +5.04%, MRVL at USD 238.70 with +4.77%, and TSLA at USD 368.16 with +3.79%.

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