Crypto Market Update – October 12, 2025
Today’s crypto market shows encouraging signs, especially for some of the rising altcoins like XRP, Stellar (XLM), Hedera Hashgraph (HBAR), Flare Network (FLR), and XDCE (XDC). These digital assets are gaining momentum after recent market turbulence, offering new opportunities for investors looking to diversify beyond Bitcoin and Ethereum.
Bitcoin and Ethereum: Steady Leaders
Bitcoin (BTC) remains strong, trading at around $115,093, up 4.3% in the past 24 hours. As the original cryptocurrency, Bitcoin often sets the market tone. Ethereum (ETH), the leading platform for decentralized applications, is showing even more strength, climbing over 12% to about $4,145. This growth in ETH reflects ongoing demand for smart contract platforms and decentralized finance (DeFi) projects.
Spotlight on Key Altcoins
- XRP (Ripple) is up 9.2% to $2.57. XRP is known for fast and cost-effective cross-border payments, making it a favorite for banks and financial institutions.
- Stellar (XLM) gained 10.7%, trading near $0.35. Stellar focuses on connecting financial institutions and people, especially in underbanked regions, helping move money quickly and cheaply.
- Hedera Hashgraph (HBAR) jumped almost 14%, now at $0.19. Hedera offers a unique, fast, and secure public network designed for real-world applications, including supply chains and gaming.
- Flare Network (FLR) rose 7.5% to about $0.0203. Flare aims to bring smart contract functionality to networks that don’t natively support it, expanding blockchain usability.
- XDCE (XDC) saw a slight dip of 2.7%, at roughly $0.062. Despite this small setback, XDC’s hybrid blockchain focuses on enterprise solutions and financial services, with steady development underway.
Market Highlights & What to Watch
After a sharp flash crash on October 10 that hit many altcoins hard, the market is showing resilience. Bitcoin held steady during the dip, which helped restore confidence.
Binance announced plans to compensate users affected by recent crashes in some tokens, showing commitment to user protection and stability in the ecosystem.
Positive signals from China’s crypto policies have also lifted market sentiment, supporting the recent upward moves.
For investors, keeping an eye on ecosystem updates, partnerships, and regulatory news will be key. The steady recovery in tokens like XRP, XLM, HBAR, and FLR highlights growing interest in projects with real-world use cases and strong communities.
TL;DR
Bitcoin and Ethereum continue to lead with steady gains, while key altcoins like XRP, Stellar, Hedera Hashgraph, and Flare Network show strong growth after recent dips. Market confidence is returning following a flash crash, supported by positive news from exchanges and China. This could be a promising time to explore altcoins with solid use cases and active development.
Sources
- Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says
- Binance to Compensate Users Affected by Crash in wBETH, BNSOL, and Ethena’s USDe
- Green Shoots on China Lifts Crypto in Sunday Action
- Prices via CoinGecko
Keep us honest — cross-check our latest
We encourage readers to sanity-check today’s brief against our recent coverage. Start here:
- Blockchain Update: Stellar Advances Open Infrastructure; Chainlink Integrates Institutional Data
- October 2025 Blockchain Update: Market Trends, Project Innovations, and Data Integration
- Crypto Update: BTC, ETH Stable; FLR, HBAR Gain; XRP, XLM, XDC Dip
- Stellar advances open blockchain infrastructure; Ripple, Hedera, Flare, XDC enhance scalability
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