MARKET BRIEF

XRP's price has taken a hit, falling 2.64% in the past 24 hours. The current price stands at $1.3, with a 24-hour volume of $1,084,434,339.395. The market cap has dropped to $81,994,863,352.415. This decline is part of a broader trend, as macro pressures continue to impact the market.

MARKET CONDITIONS

XRP currently ranks #5, a significant drop from its ATH of $3.65, which occurred over 9 years ago. The circulating supply stands at 63,129,671,205, while the total supply is 99,985,607,990. This represents a 63.5% decrease in circulating supply from its ATH. The max supply remains at 100,000,000,000. These numbers signal a significant decrease in market capitalization and a long way to go before XRP reaches its former heights.

NEWS ADVISORIES

- XRP has failed to make holders rich like bitcoin and ether. Here’s why XRP remains below its 2017-cycle high while bitcoin, ether and other major tokens have surged, enriching their holders. Source: https://www.coindesk.com/markets/2026/10/16/xrp-has-failed-to-make-holders-rich-like-bitcoin-and-ether-here-s-why Date: Fri, 16 Oct 2026 05:53:58 +0000 - Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro Pressures Market analysts say that macro factors are pushing altcoin prices down, after ETH, XRP, and SOL all dropped on the day. Source: https://decrypt.co/381034/ethereum-altcoins-see-outsized-drawdowns-due-to-macro-pressures Date: Thu, 15 Oct 2026 14:27:18 +0000 - Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid Ripple Prime has added RWA perpetual swaps tied to equities, ETFs, metals, energy and currencies, with 24/7 trading and settlement. Source: https://www.theblock.co/news/business/2026-10-15-ripple-prime-rwa-swaps-perpetual-futures-hyperliquid-418681 Date: Thu, 15 Oct 2026 14:43:35 +0000 - Ripple CTO Emeritus Exposes Suspected Wallet Scam Targeting Recovery Phrases Ripple CTO Emeritus issues urgent warning over wallet scam notification. Source: https://u.today/ripple-cto-emeritus-exposes-suspected-wallet-scam-targeting-recovery-phrases Date: Sat, 17 Oct 2026 12:00:31 +0000 - XRP Searches Drop 90% on Yearly Scale in Google Trends XRP searches sink 90% year-over-year, yet the price holds above $1.25. Source: https://u.today/xrp-searches-drop-90-on-yearly-scale-in-google-trends Date: Sat, 17 Oct 2026 04:00:00 +0000 - Binance Founder CZ Voices Support for XRP, ZEC and SOL Amid China Crypto Controversy Binance founder Changpeng Zhao (CZ) has reaffirmed his support for XRP, ZEC, SOL and other major cryptocurrencies amid controversy surrounding Solana's expansion efforts in China. Source: https://u.today/binance-founder-cz-voices-support-for-xrp-zec-and-sol-amid-china-crypto-controversy Date: Fri, 16 Oct 2026 20:25:15 +0000 - XRP Trading Volume Surpasses Bitcoin and Ethereum in South Korea XRP takes dominance on a major South Korean crypto exchange as its spot volume hits over $145 million, outperforming Bitcoin and Ethereum. Source: https://u.today/xrp-trading-volume-surpasses-bitcoin-and-ethereum-in-south-korea Date: Fri, 16 Oct 2026 15:54:14 +0000 - Japan Megabanks Test First Joint Yen Stablecoin: Where Does XRP Fit? Japan’s megabanks just tested their own stablecoin, but they can’t seem to escape the shadow of their deep history with XRP. Source: https://u.today/japan-megabanks-test-first-joint-yen-stablecoin-where-does-xrp-fit Date: Fri, 16 Oct 2026 14:22:15 +0000

ETF SECTOR

Unfortunately, no ETF data is available for this market update.

NFT SECTOR

Top XRPL NFT collections by volume include Fuzzybears, sraebyzzuF, Bear Champ, Fuzzycards 589 Edition Booster Box Bundle, YAMADA SKULL, The Bear Champ - Dead As Fuck, SEAL on XRPL CTO, Animal Fam, SPOOKSHOWSAGAN, and Panther. Floor prices and volumes are unavailable for these collections.

VALIDATOR SECTOR

The official XRPL Foundation repositories reported these xrpld package streams:

Package publication is release information; it does not prove validator adoption or network health. Review the official XRPL Foundation package repositories.

OUTLOOK

Key items to monitor next include XRP's price movements in response to macro pressures, the impact of Ripple Prime's RWA swaps, and any developments in the validator sector.

TERRAMIKE'S TAKE

XRP's price has taken a hit, but what does this mean for the market? It's essential to remember that XRP's value is not solely tied to its price. The validator sector, NFT market, and Ripple Prime's initiatives are all crucial components of the XRP ecosystem. Let's keep a close eye on these developments and see how they impact the market.

KEY METRICS

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