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XRP's October hinges on key upgrades, Nasdaq debut, and rising institutional interest.

Protocol Fundamentals
03 Oct 2026
AMBCrypto
View Source
Bullish
XRP's October hinges on key upgrades, Nasdaq debut, and rising institutional interest.

XRP faces a pivotal week in early October with four major events: a Ripple and banks meeting in Seoul, completion of the Evernorth deal, XRPN's Nasdaq debut, and a significant XRPL upgrade (XLS-56) that boosts transaction capacity. This upgrade, supported by over 85% of validators, could enhance XRP Ledger's performance amid growing institutional adoption. Evernorth's public listing of XRPN with a large XRP treasury and rising long positions among top traders signal strong bullish momentum. XRP has consolidated around $1.50 for weeks, with liquidity favoring buyers, setting the stage for a potential breakout in Q4.

XRP trades at Rp26,500 on Pluang as of Oct 03, 2026 18:12 WIB, showing a 3.71% decline in the last day despite strong buying interest with 81% of orders favoring buys. The token's market cap stands at Rp1.674,86 trillion with a 24-hour volume of Rp61,19 trillion, highlighting active trading ahead of key events this week. This activity coincides with XRP's critical October week featuring major developments that could influence its price trajectory.

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