XRP experienced a 10.8% decline in October 2025, marking its worst monthly performance since April. Despite initial gains, the cryptocurrency faced severe consolidations, failing to achieve the expected Uptober rally. Analysts are optimistic about a potential rebound in November, driven by the anticipated launch of the first U.S. spot XRP ETF. Year-to-date, XRP has shown strong performance, with over 46% gains recorded in January alone, according to CryptoRank data. The upcoming ETF launch is seen as a potential catalyst for recovery, as investors look forward to increased institutional interest.