BEARCO SUITE
October: BX's best month since April
XRP gave back about 16% in October. The XRPL trenches went the other way: the Bearco 500 rose 10.2% on the month, ran to its highest level since early May, and 43 of its members printed new 6-month highs. It was also the month BX went live.
Price actionUp 10%, then stopped at the ceiling
The Bearco 500 (BX) is an S&P-style score over the Lookout tokens, priced in XRP and rebalanced weekly. It went live at 1,000 on October 11, the day BEARCO launched. Bearco has since rebuilt the index from its own node history, back to December 2024, with the same weekly rules, so October can now be read as a whole month and against nearly two years of history. Levels before October 11 are that rebuild: hypothetical, since nobody could buy the index then.
Into launch (Oct 1–11): BX opened October at 889 and climbed every few days into launch, reaching 1,000 on October 11, up about 12% for the month before it was even live.
First test (Oct 11–17): It pushed to about 1,045 by October 14, then rolled over with XRP. Oct 14 (−8.4%) and Oct 16 (−5.8%) did the damage. BX dipped to 862.2 early October 17, inside the 840–890 floor that has held BX since July, and bounced, right as XRP put in its own monthly low near $1.25.
The run (Oct 18–25): October 20 was the best day of the month, +8.1%. BX cleared 1,000 on the 22nd and reached 1,099.6 on the evening of October 25, a 27.5% climb off the low in eight days and the highest level since May 1. Most of the month's breakouts happened in this stretch.
The ceiling (Oct 26–31): That high landed in the same 1,055–1,100 zone that turned BX back on May 1, May 9 and June 17, and again on October 14. It held a fifth time: October 26 was the worst day of the month, −10.7%, as FUZZY, DROP and PHNIX gave back part of their run. BX went sideways from there and closed October at 979.5, still up 10.2% on the month.
The small caps carried it
Every index in the family finished October higher, but the broad one did best. The top-heavy end was dragged by BCHAMP, while the mid and small members did the running.
| Index | Oct 31 | October |
|---|---|---|
| BX (Bearco 500) | 979.5 | +10.2% |
| BX 50 | 965.0 | +8.5% |
| BX 20 | 931.9 | +4.5% |
| BX 10 | 875.8 | +5.0% |
The median BX member rose about 7% in XRP in October, and 152 of 243 finished higher, while XRP itself lost about 16% against the dollar. In dollar terms BX ended the month at 862.9.
The long viewWhere October fits on the two-year map
The rebuild shown here starts in December 2024. On a log scale, where a 10% move looks the same size at any level, the shape is clear: a December 2024 run to a peak of 3,944 on December 31, a long slide through 2025, a bottom at 628 on March 2, 2026, and a spring rally that stopped right where October stopped.
The ceiling that keeps showing up
Zoom in on the last 12 months and one level does most of the work. BX rallied 75% off the March low and hit the 1,055–1,100 zone on May 1 (1), May 9 (2) and June 17 (3), and was turned back each time, sliding all summer to a floor around 840–890. October's run went straight back to it: once on October 14 (4) and again on October 25 at 1,099.6 (5). Five tests, five rejections.
Levels to know
| Level | Zone | What happened there |
|---|---|---|
| Higher | 2,000–2,100 3,300–3,900 | Where BX traded in December 2024 and January 2025, including the 3,944 peak, and on the way down in early 2025. A long way off. |
| R3 ~1,630 | 1,590–1,670 | Tops on Mar 6, Mar 25, May 4 and May 12, 2025. |
| R2 ~1,440 | 1,400–1,480 | Tops on Jun 16, Jun 28, Jul 14 and Jul 20, 2025. It was the floor of the spring 2025 range before that broke. |
| R1 ~1,080 | 1,055–1,100 | Turned BX back on May 1, May 9 and Jun 17, 2026, then Oct 14 and Oct 25–26. The nearest level above today. |
| Floor | 840–890 | Held from July through October. The September low was 838; October dipped to 862 and bounced. |
BX hasn't closed a day above 1,100 since May 1, and before that not since August 2025. A break above it would open the gap toward R2 at ~1,440, about 30% above the ceiling. A break below 840 would put the spring rally in question. These are levels from the index's history, not predictions.
BreakoutsNew 6-month highs
Of the 182 BX members with at least six months of chart history, 43 traded above their May–September high at some point in October. Some of them are still sitting right at the top:
Closed the month at (or within 5% of) a fresh 6-month high
Broke out, then cooled
| Token | October | High set | Off high |
|---|---|---|---|
| NORTH | +1,552% | Oct 28 | −43% |
| TIME | +457% | Oct 20 | −47% |
| CODED | +142% | Oct 23 | −32% |
| Xmen | +100% | Oct 24 | −50% |
| FUZZY | +67% | Oct 25 | −32% |
| XONE | +51% | Oct 25 | −9% |
Also on the 6-month-high list: SPLASH, DONNIE, BURN, HIYO and XRPLOL. On the other side, BCHAMP hit a 6-month high on October 14 and then fell 68% from it, finishing the month down 25%. As one of BX's two 10% weights, it's the main reason BX 10 and BX 20 lagged the broad index.
Notable tokensOctober's biggest movers
Top October gainers among BX members with real weight in the index (0.25% or more), priced in XRP:
| Token | October | Note |
|---|---|---|
| NORTH | +1,552% | The month's monster; ~132K XRP traded in its final week |
| TIME | +457% | Peaked Oct 20, has been basing since |
| Tabby | +279% | Closed at its high |
| Teddy | +236% | +69% in the last week alone |
| bwif | +165% | Within 10% of its Oct 26 high |
| SEAL | +148% | Closed at its high |
| Xmen | +100% | Doubled, then gave half back |
| LHT | +91% | Biggest gainer among BX's top ten weights |
| DeepTide | +88% | Topped Oct 25 |
| DONNIE | +72% | Joined BX Oct 25, new 6-month high Oct 29 |
The heavyweights
| Token | BX weight | October |
|---|---|---|
| FUZZY | 10.1% | +67.4% |
| BCHAMP | 10.1% | −25.0% |
| PHNIX | 9.7% | +0.5% |
| ARMY | 9.4% | +7.0% |
| DROP | 6.2% | +28.4% |
| XPM | 3.8% | −6.3% |
| LHT | 3.7% | +91.2% |
| BEAR | 3.2% | +23.5% |
New launchesThe October class
61 tokens that opened an AMM pool in October were still trading on Halloween, and 22 of them already have 50+ holders. The standouts so far, by market cap:
| Token | Launched | Holders |
|---|---|---|
| XYZ | Oct 24 | 308 |
| WARP | Oct 23 | 134 |
| B3B | Oct 24 | 66 |
| UBER | Oct 27 | 158 |
| BOROS | Oct 29 | 123 |
| XRPX | Oct 19 | 179 |
| BEARCO | Oct 11 | 61 |
| TRIPPR | Oct 16 | 187 |
BX grew with the class: the roster went from 172 approved members on October 25 to 243 by month end after rebalancing, with October launches like XRPX, PHASER and FNORTH qualifying once they cleared the 7-day age, pool and activity rules. Every launch, flagged or not, is on New Token Launches.
XRPL newsWhat happened on the ledger
- OCT 9Batch (XLS-56) went liveAfter an earlier failed attempt, the amendment activated on mainnet, letting up to eight transactions run as one all-or-nothing package: swaps, settlements and app fees in a single step. (source)
- OCT 9–11A 2015 bug that could have minted XRP was disclosedAn overflow flaw in the payment engine could, in theory, have created XRP past the 100B cap in one crafted transaction. RippleX had already patched it on Sept 25, found no sign it was ever used, and the AI security firm that found it collected the $250K maximum bounty. (source)
- OCT 19x402 agent payments passed 14.5M transactionsAI agents paying other software over x402 pushed past 14.5 million XRPL transactions, up from about 1 million in July, though the total value settled is still only in the tens of thousands of dollars. (source)
- OCT 22Franklin Templeton added ~$150M in tokenized fund sharesTwo $75M subscriptions of its tokenized money-market fund landed on the ledger, bringing its XRPL footprint near $200M, second only to RLUSD among tokenized assets there. (source)
- LATE OCTAviva Investors tokenized a fund share classThe UK manager put a share class of its sterling liquidity fund on the XRPL, another institutional fund in the same week. (source)
- OCT 27Active accounts hit a 2026 highDaily active senders reached 32,604, well above the 30-day average of about 19K and the highest reading this year. (source)
- OCT 27–30Fixes proposed for restricted tokensDevelopers proposed a set of four fixes (fixCleanup3_5_0) to stop issuer-restricted tokens, such as regulated funds, from reaching unapproved accounts. Not merged yet; it would still need the usual validator vote. (source)
- LATE OCTA ceasefire in the Middle Ledger?Peace talks in the Middle Ledger look promising after a successful FuzzyCon and Ripple's Swell in New York (Oct 27–29). Handshakes were exchanged, the group chats went quiet, and a few old rivals were even seen sharing a pool. Most of the trenches aren't holding their breath, though: one bad candle and the Ledger is at war again.
XRP itself opened October near $1.49, tagged about $1.56 on October 2, found support around $1.25 in the middle of the month and ends it near $1.25. Spot XRP ETF inflows dried up around October 19–20. Usage and price went separate ways all month: more accounts, more institutions, lower price. (source)
BearcoWhat we shipped in October
- OCT 11BEARCO and bearcosuite.com launchedThe Suite's coin went live on the XRPL alongside the site.
- OCTLookout and New Token LaunchesEvery token trading on the XRPL, with Quick Look, charts and indicators, plus a live feed of just-minted tokens with free alerts.
- OCT 25The Bearco 500 (BX)Live on the site, with BX 50 / 20 / 10 and an on-ledger XRPL price oracle updating every 5 minutes. You can also DCA the index from the Conduit Wallet.
- LATE OCTFirefinder and BX on your siteFirefinder scans every Lookout token for heat every 30 minutes, and bearcosuite.com/embed lets any site host a live BX ticker or chart.
Prices and index levels are from bearcosuite.com and Bearco's own XRPL nodes as of October 31, 2026, about 10 PM ET. Token changes are priced in XRP, from each token's October open (or its launch, for October launches) to the October 31 snapshot. "6-month high" means above the token's highest price from May 1 to September 30. BX levels before October 11, 2026 come from Bearco's rebuild of the index from its own node history (the same weekly rules, with full market cap standing in for pool limits that weren't recorded back then); they are hypothetical, because the index could not be bought before launch. Holder counts and market caps move fast. Nothing here is financial advice; this is a record of what the ledger did, not a recommendation. Follow @BearcoXRPL for the November report.