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XRP failed to meet the strong bullish expectations for October after the severe consolidations witnessed during the month. Data from crypto analytics platform CryptoRank shows that leading altcoin recorded a 10.8% drop in its monthly returns for October.
As of October 31, the data provided by the source shows that XRP was not able to recover the losses suffered amid the recurring periods of severe consolidations witnessed during the middle of the month. While it had shown a decent resurgence as the month drew to a close, XRP was still unable to amass any gains for its October 2025 returns.
Despite a good start at the beginning of October, showing massive daily gains that raised optimism for a strong Uptober rally, XRP has disappointed bulls, closing October with a 10.8% drop.
After this remarkable monthly decline, the long-awaited Uptober rally was to see the altcoin record its worst monthly performance since April.
What is surprising is that the notable decline in October came after XRP saw a volatile but largely positive year when it recorded significant gains in five of the previous nine months.
While XRP had witnessed strong performance throughout most of 2025, the drop contrasts sharply with the 35% rally in July. The asset only saw a worse decline in February 2025, with a fall of about 29.3%. Since that February, XRP has not seen any negative performance as bad as this October decline, dashing the hopes of optimistic investors.
Despite the October drawdown, XRP remains one of the top performing altcoins of 2025 due to the hype surrounding the XRP ETF launch and major developments from Ripple which have sparked new interest in the asset.
While the data also shows that XRP is still significantly increased over the year after an impressive first quarter performance that saw it gain more than 46% in January alone, XRP traders believe that all hope is not lost and that XRP could beat their expectations in the coming month.
As the XRP community awaits the launch of the first US spot XRP ETF in November, there are expectations that the asset will smash projections during the period, providing significant gains for its November returns.