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XRP price falls 11.3% in October despite new protocol and corporate updates.

Market News
21 Oct 2026
Tokenpost
View Source
Neutral
XRP price falls 11.3% in October despite new protocol and corporate updates.

XRP closed at $1.33 on October 20, marking an 11.3% drop from $1.50 on October 6 and a 16.5% decline from a recent high of $1.55. This price slide continues despite the activation of BatchV1_1 on the XRP Ledger, which allows batching of transactions, and Evernorth Holdings' business combination that included holding 473 million XRP. Evernorth's prospectus mentions potential proceeds from public-warrant exercises but does not specify plans to buy more XRP. Ripple's Swell conference is scheduled for October 27-29, which could bring new developments. Overall, recent protocol and corporate events have not reversed XRP's downward trend in October.

XRP trades at Rp24.541 on Pluang as of Oct 22, 2026 06:31 WIB, showing a 2.11% gain in the last day despite its recent October slide. The platform sees a balanced order activity with 52% selling and 48% buying, and XRP's market cap stands at Rp1.563,37 trillion. This steady trading occurs even as XRP has yet to revisit its recent high of $1.55 noted in the article.

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