A prominent crypto analyst has shared insights into why XRP’s price has remained relatively stable amid the recent market downturn affecting most altcoins.
The broader crypto market has witnessed heightened volatility over the past few weeks, with prices of major crypto assets retracing sharply at the start of November
Despite this widespread decline, XRP has managed to hold firm, showing little movement compared to its peers. Data from CoinMarketCap showed that XRP’s price hovered around the $2.50 region within the first few days of November
Why XRP Has Been Stable
Popular crypto pundit DonAlt attributed XRP’s resilience to the nature of its holder base. Unlike many newer crypto projects that attract short-term traders constantly hopping between tokens for quick profits, DonAlt suggested that the XRP community is primarily made up of older, long-term investors
Instead, they have a more profound conviction in XRP’s long-term potential, often tied to its real-world use cases in payments and banking, as well as loyalty built over the years.
The analyst noted that while younger traders, referred to as “Zoomer children”, tend to exhaust their funds chasing the trending tokens, XRP’s older, long-term investors remain unfazed, choosing to “just chill” even during market downturns
Their reluctance to panic sell during downturns helps dampen volatility and gives XRP a firmer price floor compared to the highly reactive altcoin market
In the meantime, XRP has retraced from the $2.50 mark and is currently trading at around $2.28. It ranks as the fourth-largest crypto by market cap, with a valuation of $137.25 billion. Despite its relative stability, XRP has recorded an 18.29% decline over the past month and is down 9.89% in the past week
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Price Nears $1.50 Breakout as Triangle Tightens
Key Insights:
XRP consolidates within a symmetrical triangle, with tightening price action suggesting a potential breakout toward higher resistance levels as bullish momentum continues building.
Supertrend turning green and MACD rising indicate increasing buying pressure, supporting a bullis
CryptoNewsLand13m ago
Altseason Pump: Can Ripple Altcoin XRP Replicate 350x Returns Same as 2018 in 2026?
Altseason pump: can Ripple XRP replicate 350x returns?
Analyst expects the same returns as from 2018 in 2026 for XRP.
Can the price of XRP set new ATH prices this year.
Expectations for altseason continue to grow as Bitcoin and Ethereum prices continue to maintain promising prices
CryptoNewsLand4h ago
XRP Market Shows Leverage Reset Amid Divergence Between Derivatives Pressure and Spot Strength
Gate News message, April 26 — XRP's market structure is displaying signs of significant repositioning, with data showing a complex divergence between derivatives and spot activity. According to market analysis, leveraged longs on major CEX perpetuals are being unwound even as spot price remains
GateNews4h ago
XRP Spot ETF Records $6.44M Net Inflows, Bitwise XRP ETF Leads
Gate News message, April 25 — XRP spot ETFs posted net inflows of $6.44 million on April 24, according to SoSoValue data. Bitwise XRP ETF was the sole contributor, recording the entire $6.44 million in daily inflows and bringing its historical total net inflows to $426 million.
XRP spot ETF
GateNews7h ago
Bitwise XRP ETF Leads Market With $426M in Cumulative Inflows as XRP ETF Assets Surpass $1B
Gate News message, April 25 — Bitwise's XRP ETF has emerged as the clear market leader in the growing XRP-linked investment product space, pulling in consistent net inflows while competing funds struggle to sustain momentum. According to market tracker Xaif Crypto, Bitwise's XRP ETF recorded net inf
GateNews20h ago
XRP Ledger Records $1.1B Net Inflows Over 30 Days, Surpassing Ethereum's $879M
Gate News message, April 25 — XRP Ledger topped all major blockchains (excluding stablecoins) in net capital inflows over the past 30 days, drawing $1.1 billion according to data from RWA.xyz. Ethereum trailed at approximately $879 million in inflows, followed by Stellar with $643 million and BNB
GateNews21h ago
