XRP News Today: $1.32 Crash Reversal as Ripple’s Big Moves Unfold

XRP News Today: Why Did XRP Rebound After the $1.32 Price Drop?

The token is trading in the red, but plenty is happening around it. In this crypto news today update, we cover the overnight price swing, Ripple’s new custody support for the Canton Network, a report on Tether’s slipping share in Asia, cooling whale activity, and a small ETF mention in an SEC filing. 

This XRP News Today roundup keeps confirmed facts apart from hype.

Price Today: A Sharp Overnight Dip and a Quick Recovery

According to CoinMarketCap, the token trades near $1.39, down 0.79% in 24 hours.

Source: CoinMarketCap Live Data

The chart shows a dramatic move hiding behind a small daily change:

• The price opened near $1.40 and climbed to about $1.42 in the afternoon.

• Around 9 PM on the chart, it fell sharply and bottomed near $1.32 to $1.33 late at night.

• Buyers then stepped in, and the price recovered steadily to $1.39 by morning.

• Volume jumped more than 42%, which fits a fast sell-off followed by heavy trading.

The drop was roughly 5% from the afternoon high, so the headline percentage hides how rough the night was. In simple words, a quiet daily number can still hide a stressful ride. 

Traders who watch only the 24-hour change would have missed it entirely. Chart times follow the screenshot’s time zone, so check your own clock before comparing.

Ripple Custody Adds Canton Network Support

Among the XRP News Today headlines, this one is the most technical, so here it is in simple words. 

Ripple’s official release notes say Ripple Custody 1.43 arrived on October 5, 2026, and add Canton Network support. 

The same release also adds Sui support. Ripple’s Canton documentation explains that Ripple Custody can now hold and send Canton Coin and CIP-56 tokens. 

Institutions run their own validator or use a node provider’s, while the platform manages accounts and keeps signing keys in the customer’s own vault. For now, Canton is managed through the custody API.

A popular post on X says this puts Wall Street’s tokenized assets “next to XRP” and claims Canton handles more than $9 trillion in monthly volume. 

We could not confirm that figure in Ripple’s documents, and calling it “the center” of the story is opinion. 

Custody support for another network is not the same as that network using the token.

Tether’s Asia-Pacific Grip Slips While RLUSD Eyes the Gap

A CoinDesk Research report, shared by CoinDesk on X, says USDT’s share of identified Asia-Pacific stablecoin payment volume fell from 98% at the start of 2025 to 91% in July 2026. 

It also says the region handles more than half of global identified stablecoin payments.

Ripple’s own press release shows RLUSD launched in Japan on June 24, 2026, through SBI VC Trade, after approval from Japan’s financial regulator. 

The BankXRP post calls this a crack in Tether’s dominance. Three honest points apply:

• Ripple commissioned the report, so read it with that in mind.

• The report itself says Ripple’s partnerships should not be read as proof that every partner uses RLUSD.

• The headline numbers do not show how the seven-point drop is split between RLUSD and other stablecoins, and USDT still holds 91%.

Whale Activity Cools Down, According to CryptoQuant

A post by BankXRP shares CryptoQuant data, with the chart built by Amr Taha. It tracks the “whale vs retail spread,” a gauge of how large holders’ exchange activity compares with small traders. 

Think of it as a meter showing whether big wallets or everyday traders are driving the action on exchanges. 

The 7-day average across all exchanges fell to 46.7%, down from a peak near 65% in early October. On Binance it dropped to 54.9% from about 66%.

The post says the price held in the $1.40 to $1.50 range and warns that earlier surges matched sharp price moves. 

That range has now been tested, since the price dipped to about $1.32 overnight. 

A falling spread means whale activity has calmed, not that selling is over. Watch whether it rebuilds.

An ETF Name Appears in an SEC Filing

Of all the XRP News Today items, this one is the least dramatic. The SEC filing, dated October 7, 2026, is a routine amendment for the Golden Eagle Dynamic Innovation ETF, a stock fund from ETF Opportunities Trust. 

According to the post, the REX-Osprey XRP ETF is listed under the trust’s controlled entities. The filing index lists the full document. As the poster says, “nothing crazy.” 

It is paperwork, not a new approval or launch. Still, the poster notes that the token keeps showing up in filings like this one, which is worth watching over time.

Conclusion

For XRP News Today readers, the lesson is balance. Ripple’s Canton custody support and the Asia stablecoin data are real, sourced developments, while claims about trillions in volume or the token being “the center” remain unproven. Meanwhile, the price shows how fast sentiment can swing in one night.

YMYL Disclaimer:

For informational purposes only; not financial, investment, or trading advice. Token sales carry high risk, including loss of your entire investment and terms can change without notice. Verify details through official channels.