Ripple announced on October 28 that its business is on track to achieve a record annualized product revenue run rate of $900 million by 2026, driven by expanded institutional partnerships and growing demand for financial infrastructure. However, its affiliated cryptocurrency, XRP, has fallen nearly 30% this year and over 50% in the past 12 months, heading for its worst annual performance since 2022, highlighting the widening gap between Ripple's business success and XRP's market performance.