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XRP failed to live up to strong bullish expectations for October after the sharp consolidations that took place during the month. Data from cryptoanalytic platform CryptoRank shows that the leading altcoin saw a 10.8% drop in monthly revenue for October.
As of October 31, data provided by the source shows that XRP has not been able to recoup the losses suffered during repeated periods of strong consolidations that occurred in the middle of the month. While XRP showed a decent recovery as the month drew to a close, it was still unable to accumulate any gains for its October 2025 earnings.
XRP has worst monthly performance since mid-2025
Despite a good start in early October, showing massive daily gains that boosted optimism for a strong Uptober rally, XRP disappointed the bulls and closed October with a 10.8% decline.
After this significant monthly decline, the anticipated Uptober rally turned out to be the altcoin’s worst monthly performance since April.
Surprisingly, the significant drop in October came after XRP had a volatile but mostly positive year, posting significant gains in five of the previous nine months.
While XRP has seen a strong performance for most of 2025, the drop is in stark contrast to July’s 35% surge. The asset saw a worse decline only in February 2025, by approximately 29.3%. Since that February, XRP has not seen a negative performance as bad as this year’s October decline, dashing the hopes of bullish investors.
XRP bulls shift optimism to November
Despite the October drawdown, XRP remains one of the best performing leading altcoins in 2025 due to the hype surrounding the launch of the XRP ETF and major developments from 2025 onwards. Rippling which generated new interest in the asset.
While the data further shows that XRP is still significantly higher after an impressive first quarter performance that saw a gain of over 46% in January alone, XRP traders believe that all hope is not lost and that XRP could outperform their expectations in the coming month.
As the XRP community anticipates the launch of the first US spot XRP ETF in November, there is an expectation that the asset will outperform projections during this period and deliver significant gains for its November returns.
