Over $4 billion flows into XRP in a day; Here’s why

Although XRP fell by over 14% during the first two weeks of October 2026, driven by massive long liquidations amid sticky inflation in the United States, the cryptocurrency asset has added more than $4 billion to its market capitalization on October 21. As of press time on Wednesday, XRP’s market cap had appreciated by approximately $4.1 billion over the past 24 hours. As a result, the token’s market cap ranged at about $85.7 billion during the early New York trading session. The crypto asset saw its market cap climb by over 5% over the last 24 hours. After the token rebounded over 2% from a major support level around $1.29 on Tuesday, it extended gains during the European trading session, signaling renewed demand.

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