Best Crypto to Buy in October: XRP Loses Ground Over PDP, Analyst Points to 5,500% Rally

Despite resolving its long-standing legal dispute with the US Securities and Exchange Commission (SEC), XRP has failed to produce the breakout that many expected.

This shift in market sentiment has placed PayDax Protocol (PDP), currently in its presale phase, in the spotlight as attention turns toward newer opportunities.

XRP Stumbles Despite Legal Clarity

Ripple’s settlement with the SEC in August marked the end of a five-year case, with the firm paying a $125 million penalty. On the day of settlement, XRP traded at $3.09, but repeated rejections at the $3 level have dragged the XRP price back to $2.82.

The lack of price reaction has led many to conclude that XRP’s growth now depends on wider adoption rather than legal clarity. Although developments such as the Flare Network’s XRP-backed stablecoin and partnerships with African fintechs are underway, the immediate market response has been muted.

The token’s technical picture has turned bearish, with support at $2.7 and the next support at $2.5 if selling pressure continues. The MACD has flipped negative on the daily and weekly charts, reinforcing the downside risk as market data shows buyers struggling to hold critical support zones, with selling volume is on the rise.

PayDax Presale Gains Early Institutional Backing

While XRP struggles, PayDax is drawing attention during its presale. Phase 1 has already raised over $602,000, with more than 40 million tokens sold at $0.015 each

The next stage of the sale is expected to see the price increase to $0.017. Importantly, early buyers have included institutions and capitalized firms, a sign of confidence in the project’s structure and long-term prospects.

Besides the successful presale so far, PayDax is designed to provide predictable fixed-rate borrowing while supporting a wide range of collateral, from blue-chip cryptocurrencies and staked tokens to tokenized real-world assets like gold and real estate

PayDax’s Innovative Approach

Its approach addresses key inefficiencies in decentralized finance (DeFi), such as the inability to borrow against locked governance tokens or liquidity pool positions.

With a model that combines fixed interest loans, broad collateral support, and community-driven governance, the project positions itself as an alternative for investors seeking stability and growth in a volatile sector

Analysts suggest that PayDax could experience a strong growth once its platform officially launches, with projections pointing to significant upside for its native token, PDP

PayDax Has Received a KYC Verification from Assure DeFi

Investor confidence in crypto presales often depends on transparency, and PayDax has already passed a rigorous KYC audit by Assure DeFi, the Verification Gold Standard in the Web3 space

A KYC audit helps protect investors by reducing the risk of rug pulls, verifying the identities of founders, and holding the team legally accountable. For investors, this adds an important layer of protection and credibility.

The PayDax team is also fully doxed, led by CEO Werner Van Staden, CTO Maksim Petukhov, and CMO Matej Petrik. Their decision to undergo verification sets a professional standard, showing commitment to legal accountability and regulatory alignment

For institutions and retail investors alike, such transparency strengthens trust and improves the chances of long-term success.

With XRP unable to break past its resistance levels and PayDax Protocol (PDP) gaining traction in its ongoing presale, many believe the best crypto to buy in October might not be XRP, but instead the PayDax Protocol.

PayDax Presale participants can use code PD80BONUS to receive an 80% bonus and also take part in the Refer & Earn program, which grants a 5% bonus for every friend invited.

Join the PayDax Protocol (PDP) presale and community.

Join Paydax Protocol (PDP) presale | Website | Whitepaper | X (Twitter)

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