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XRP Underperforms Despite Market Recovery, Supply Growth Weighs on Price

XRP's price remains significantly below its 2018 peak while its circulating supply has increased, impacting token value.

XRP's price remains significantly below its 2018 peak while its circulating supply has increased, impacting token value. Bitcoin (BTC) is trading at ₹77,41,734 ($81,396.00), down 0.1% since this brief published. This is an original Token Times brief based on reporting by Cointribune, with live market data added, as of Sat, 17 Oct 2026 13:15:01 UTC.

Why it matters

The increase in XRP's circulating supply has diluted the value of each token, contributing to its underperformance compared to other major cryptocurrencies like Bitcoin and Ether. This dynamic highlights the supply-demand dynamics affecting token valuation.

Key takeaways
  • XRP trades at $1.3, 62.5% below its January 2018 peak.
  • Circulating supply growth has diluted token value.
  • BTC and ETH have surpassed their 2018 highs, unlike XRP.
The story so far · 2 briefs
  1. XRP Underperforms Bitcoin and Ethereum Amidst Broader Crypto Market Growth
  2. XRP Underperforms Despite Market Recovery, Supply Growth Weighs on Price — this brief

XRP is currently trading at approximately $1.3, representing a 62.5% decline from its January 2018 peak of around $3.5. This contrasts with Bitcoin and Ether, which have both surpassed their 2018 price levels.

The article suggests that XRP's underperformance is partly due to the increase in its circulating supply, which has diluted the value represented by each token. This supply growth has impacted the token's value despite the broader market recovery.

While the exact figures for the increase in XRP's circulating supply are not provided, the analysis implies that the growth in supply has outpaced demand, contributing to the token's price struggles.

In comparison, Bitcoin and Ether have managed to outperform their 2018 levels, indicating stronger demand and potentially better supply management.

The broader crypto market is currently valued at $2.81 trillion, with Bitcoin trading at $48,485, down 1.13% in the last 24 hours. The Fear & Greed Index stands at 55, indicating a state of 'Greed' in the market.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹77,50,198.47$81,485.00 to ₹77,41,733.50$81,396.00 — -0.11%.

$81,384$81,412$81,441$81,469$81,497 published · $81,485 now · $81,396 (-0.11%) Oct 17 10:05 UTC Oct 17 13:15 UTC
BeforeSince publishPublished · ₹77,50,198.47$81,485.00
CoinAt publishNowSince publish
BTC₹77,50,198.47$81,485.00₹77,41,733.50$81,396.00-0.11%
XRP₹123.65$1.30₹122.69$1.29-0.77%

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.47M (about $81,396.00), down 0.7% over 24 hours. The rupee itself trades about 9.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#1
₹77,41,733.50$81,396.00 ▼ 0.67%
-0.11% since this brief published
7d -1.68%MCap ₹155.60TFull BTC data →
XRP
#5
₹122.69$1.29 ▼ 2.98%
-0.77% since this brief published
7d -7.79%MCap ₹7.76TFull XRP data →
The market when this published · October 17, 2026
Total market cap₹266.90T
Bitcoin 24h-1.13%
Ethereum 24h-1.63%
BTC dominance58.4%
Fear & Greed55 · Greed

XRP Underperforms Despite Market Recovery, Supply Growth Wei — questions & answers

Why is XRP underperforming compared to Bitcoin and Ether?

XRP's underperformance is attributed to the increase in its circulating supply, which has diluted the value of each token.

How much has XRP's price fallen from its peak?

XRP is currently trading 62.5% below its January 2018 peak of around $3.5.

What is the current state of the overall crypto market?

The total crypto market cap is $2.81 trillion, with Bitcoin at $48,485, down 1.13% in the last 24 hours.

How much is 1 Bitcoin worth in rupee today?

About ₹8.47M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,396.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is down 0.11% since this brief first published — trading at ₹77,41,734 ($81,396.00) now versus ₹77,50,198 ($81,485.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Cointribune. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 17, 2026 ⛓ Timestamped at Bitcoin block #971,856 sha256:5a1a4cd955e24eef
Based on reporting by Cointribune — this is an original Token Times summary with live market data, not the original article.Cointribune · Oct 17 10:05 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.