Why Prices Could Feel Pressure: 3 Altcoins With Rising Exchange Supply

Market Overview - The cryptocurrency market experienced a significant rally among altcoins, with total altcoin market capitalization exceeding $1.7 trillion, but over $300 billion in value has been lost in the first three weeks of October [1] Altcoin Performance - Chainlink (LINK) saw a peak price of over $28 in August 2025, but its exchange supply has started to increase in October, rising from 171 million to 182 million tokens [2][3] - Despite positive developments, LINK's price has dropped by more than 27% since the beginning of October due to market sentiment overshadowing internal factors [4] XRP Analysis - XRP trading volume represents over 16% of liquidity on Upbit, indicating strong interest from Korean investors [5] - XRP reserves on Upbit reached over 6.1 billion, the highest since 2025, suggesting potential selling pressure from Asian investors [6][7] - On-chain data indicates that whales and long-term holders are reducing their exposure to XRP, indicating possible further downside risk [7] Aster (ASTER) Insights - Aster (ASTER) experienced a significant increase in exchange supply, rising from approximately 670 million to over 875 million tokens, a more than 30% increase [8] - The price of ASTER dropped by 50% to around $1.1, indicating active selling by investors [8] - Perpetual trading volume for Aster DEX has decreased dramatically from around $100 billion to $10 billion, a 90% decline, suggesting a cooling-off period for related coins [8]