Crypto Market Update: October 28, 2025

Welcome to today’s crypto market update! We’re focusing on some of the most talked-about tokens like XRP, XLM, HBAR, FLR, and others you might be watching. Let’s break down the latest price moves and what’s happening behind the scenes.

Bitcoin and Ethereum: Setting the Market Tone

Bitcoin (BTC), the largest cryptocurrency, is trading around $112,836, down about 1.5% in the last 24 hours. Ethereum (ETH), the second-largest and known for its smart contracts, is at $3,980.90, down roughly 3.7%. These small dips come as investors digest upcoming upgrades and new deployments in the crypto space.

Spotlight on Key Tokens

• XRP (Ripple): XRP is priced at $2.60, down 1.5% today. Ripple continues to be a strong player in cross-border payments. While the price dipped slightly, XRP remains a solid choice for those interested in fast, low-cost transactions.
• XLM (Stellar): Stellar is at $0.3169, down about 2%. Stellar’s blockchain focuses on connecting financial institutions, and while prices pulled back a bit, its long-term potential in global finance keeps it in focus.
• HBAR (Hedera Hashgraph): HBAR stands out today, rising 7.25% to $0.1948. Hedera’s unique hashgraph technology offers fast and secure transactions, and this boost might reflect growing interest following positive ecosystem news.
• FLR (Flare Networks): Flare’s token is at $0.0165, down 5%. While prices are softer, Flare’s ongoing development and integration with other blockchains mean it’s worth watching for future growth.
• XDC (XDCE Crowd Sale): XDC is steady around $0.0610, down just 1.5%. XDC powers enterprise blockchain solutions, and its steady price suggests investor confidence in its business use cases.
• ADA (Cardano): While ADA’s price wasn’t listed today, it remains a key smart contract platform focusing on sustainability and scalability. Keep an eye on upcoming upgrades that may impact price.
• MIOTA (IOTA): Known for its focus on the Internet of Things (IoT), MIOTA continues to develop its feeless, scalable technology. Watch for ecosystem updates that can support price growth.
• QNT (Quant): QNT connects different blockchains through its Overledger network. Its innovative approach to interoperability makes it a token to watch for steady gains as blockchain adoption grows.
• COREUM: COREUM is building a multi-chain network aimed at simplifying blockchain access. While still emerging, it represents future potential in the crypto ecosystem.
• ALGO (Algorand): ALGO offers fast, low-cost transactions with a focus on decentralization. Its ongoing upgrades and partnerships may support price stability and growth.

Notable Developments to Watch

Ethereum is gearing up for its Fusaka upgrade, having completed a final test called “Hoodi.” This upgrade aims to improve performance and could influence ETH’s price positively in the near term.

SharpLink announced plans to deploy $200 million worth of ETH on Consensys’ Linea network over several years. This shows growing confidence in Ethereum’s ecosystem and could help sustain ETH’s value.

Polymarket, a blockchain-based prediction platform, is planning a comeback in the U.S. by November. Such developments highlight increasing regulatory acceptance and innovation in decentralized finance (DeFi).

What to Watch Next

Keep an eye on how Bitcoin and Ethereum perform after these upgrades and deployments. Positive momentum there often lifts altcoins like XRP, XLM, and HBAR. Also, watch for news from Flare Networks and other emerging tokens like COREUM for potential catalysts.

TL;DR

Bitcoin and Ethereum saw slight dips today but remain strong market leaders. HBAR gained notably, reflecting growing interest in its technology. XRP, XLM, and XDC held steady with small declines, while FLR faced a larger pullback amid ongoing development. Upcoming Ethereum upgrades and major deployments could boost overall market confidence soon. For newcomers, this mix of stability and innovation suggests a promising landscape for crypto investment in the days ahead.