XRP rebounds 66% after 10-month low, regains $75B in market value

Ripple’s native cryptocurrency XRP has rebounded after plunging to a 10-month low of $1.58 on ￰1￱ third-largest coin by market cap has since rallied by 66%, recovering more than $75 billion in market value on Monday’s US market session ￰2￱ was dragged down below $2 on Bitstamp when President Donald Trump’s tariffs on China bludgeoned crypto global markets and wiped over $20 billion, Cryptopolitan ￰3￱ token has since regained much of its lost ground, trading at around $2.6 after climbing more than 3.5% in the last 24 ￰4￱ to Coingecko, the recovery has pushed XRP’s total market capitalization back to $154.75 billion, up 10.2% in the past two ￰5￱ bounce back has seen the token reclaim its 200-day simple moving average (SMA) at around $2.58, a technical indicator that had previously supported bulls territory during the April market ￰6￱ activity started trading volume surge On-chain data from Santiment shows XRP whale addresses sold between $40 million and $50 million worth of XRP daily, amounting to over $1.5 billion in liquidations over the past ￰7￱ mass selling intensified market pressure, contributing to XRP’s brief drop below $1.60 during Friday’s retreat.

However, renewed buying interest appears to have returned, with XRP’s daily trading volume ticking upwards more than 17% in the past 24 hours to $10.25 ￰8￱ the derivatives market side, open interest across XRP perpetual and futures contracts climbed to $1.5 billion, a 3% increase in the last 24 ￰9￱ positions did not see the same enthusiasm, tanking by 33%, meaning traders may be rotating toward perpetual instruments as volatility on the upside ￰10￱ clear signal of changing sentiment is in Glassnode’s Spent Output Profit Ratio (SOPR), a metric used to gauge if investors are selling at a profit or ￰11￱ SOPR for XRP fell to 0.95 after last week’s massive crash, its lowest reading in six ￰12￱ SOPR.).

Two major realization waves—Dec 2024 and July 2025—have so far exhausted much of the market’s bullish momentum. 🔗 ￰0￱ ￰13￱ — glassnode (@glassnode) October 10, 2025 The last time XRP’s SOPR dropped this low was on April 7, when the token traded near $1.90 before rebounding by 35% to $2.58 within a ￰14￱ suggest a similar setup could be forming, with the current SOPR chart showing a potential price base near $2.38. Should the pattern repeat, XRP’s next upward target could come between $3.10 and $3.35. Long-term holders reduce exposure Between October 2 and October 12, wallet addresses holding XRP for extended periods decreased their holdings by 27% to take profits from 163.68 million to 119.16 ￰15￱ the same time, total trading volume in XRP-based contracts jumped more than 44% over the last 24 hours to $12.2 billion, according to ￰16￱ has managed to rise slightly above its 20-day simple moving average at $2.42, a level that has provided some short-term ￰17￱ Relative Strength Index (RSI) sits at 38.65, signaling that the token is approaching oversold ￰18￱ to some market watchers, such readings precede potential reversals if buying momentum ￰19￱ levels to watch for investors are now between $2.70 and $2.80, an area that was previously its support and is now where bears have mounted their ￰20￱ Glassnode, roughly 3.8 billion XRP were acquired within this price zone, a concentration of interest that could slow down upward momentum alongside further ￰21￱ resistance band lies between $2.88 and $2.95, where both the 50-day and 100-day SMAs ￰22￱ analysts believe XRP’s price movement above or below $2.50 will determine its short-term trajectory for the coming ￰23￱ up to Bybit and start trading with $30,050 in welcome gifts