XRP has experienced a dramatic 90% drop in on-chain payments volume since October 2025, with daily transactions falling below 500,000. This decline is part of a broader downturn affecting the cryptocurrency market, impacting major assets like Dogecoin and Shiba Inu. Dogecoin has broken its descending triangle pattern and is currently trading near $0.175, while Shiba Inu remains under pressure, struggling to maintain levels above $0.0000105. Both cryptocurrencies are facing bearish momentum, as indicated by technical indicators and on-chain data, reflecting weak buying interest and continued market challenges.