Cardano, Avalanche and Litecoin Are All Up More Than 20% This Month and Still Far Below Their Highs. XRP Is Much Closer. Which Gets Back First?

Four altcoins are surging, but their distances from all-time highs tell very different recovery stories. One coin barely moved last month yet sits in a far stronger position than its triple-digit-gaining rivals.

Published October 12, 2026, 3:00pm ET · 3 min read

The Crypto Desk desk. Editor: Sam Daodu.

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A close-up shot of a dark Cardano cryptocurrency coin featuring its logo and name, positioned between two stacks of silver-colored coins. On top of the left stack is a white die showing 'HOLD' and 'BUY', while on the right stack is another white die displaying 'HOLD' and 'SELL'. The background is a blurred digital trading chart with green candlestick bars and blue lines, indicating market activity.
The image captures the essence of cryptocurrency trading decisions with Cardano coins and 'BUY,' 'SELL,' 'HOLD' dice against a backdrop of market charts. © Stanslavs / Shutterstock.com

In the last 30 days, Avalanche (CRYPTO:AVAX) jumped 47.6%, while Litecoin (CRYPTO:LTC) and Cardano (CRYPTO:ADA) gained over 20%. Despite these positive trends, all three still lag behind XRP (CRYPTO:XRP) when measuring their recoveries to previous highs. While XRP grew by just 2.6% in that time frame, it only requires a 2.6 times increase to return to its previous peak. In contrast, Avalanche needs to rise 13.2 times, Cardano needs 12.3 times, and Litecoin needs 6.3 times.

The extent of each coin’s drop from its peak determines the climb required for recovery. As of October 12, 2026, Avalanche trades at $11, which is down 92.4% from its peak of $145. Similarly, Cardano trades at $0.25, 91.9% below its high of $3.09, and Litecoin trades at $65, 84.2% below its all-time high of $410. Meanwhile, XRP is priced at $1.40, 61.6% below its record high of $3.65.

Why Deeper Drops Mean Longer Climbs Back to an All-Time High

A dramatic digital render of a futuristic, dark cityscape with neon blue and red lights. In the foreground, a prominent red downward arrow cuts across a digital graph displaying red candlestick charts, symbolizing a market decline. Above, a large, glowing blue cloud with integrated circuit board patterns and binary code represents cloud computing, connected by glowing lines to server racks below. Further back, smaller blue cloud icons, data servers, and a geometric brain structure are visible. Green dollar signs and upward trending charts appear in the distant background, contrasting with the immediate downturn.

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As these coins recover, the depth of their losses affects how steep their climbs back to previous highs will be. A drawdown measures the drop from a coin’s peak, and recovery starts from the new lower price. For example, a coin that falls from $1 to $0.10 loses 90% of its value and has to increase tenfold to return to $1. Conversely, a coin that drops from $1 to $0.50 only needs to double to return to $1. This means larger losses near the bottom create bigger challenges for a coin’s recovery.

Both Cardano and Avalanche have seen declines of over 90%, which is why their recovery multiples are so high at 12.3 and 13.2 times, respectively. Litecoin, with an 84.2% drop, has a recovery factor of 6.3 times. XRP, down 61.6%, has the most manageable climb at just 2.6 times.

Despite the largest price gain in the past month, Avalanche still faces the longest road back to its peak. The 47.6% rise reduced its required climb from nearly 19.5x to 13.2x—still a significant challenge that suggests investors should be cautious about expecting quick returns.

Avalanche and Cardano Need More Than 12x to Recover

Close-up of numerous gold-colored cryptocurrency coins, including one prominent Cardano (ADA) coin, stacked on a white surface. In the blurred background, a digital financial chart displays upward-trending lines against a dark blue and purple backdrop, suggesting market activity.

Chinnapong / Shutterstock.com

Avalanche, known for fast transactions, has gained traction for its focus on tokenization, which lets traditional assets be represented as tokens on a blockchain. Despite its solid performance, Avalanche still has the biggest climb ahead.

Cardano, up 20.2% over the past month, has been on an upward trend since it outperformed Bitcoin in September. Cardano holders also benefit from staking rewards, which can be an attractive incentive. However, Cardano must still climb 12.3 times to reach its all-time high.

Litecoin and XRP Have the Shortest Climbs Back

Golden litecoin cryptocurrency and abstract blue graphic background

alfernec / Shutterstock.com

Litecoin, one of the oldest cryptocurrencies, rose 20.7% over the last month. Its upcoming 2027 halving, which will reduce the number of new coins distributed to miners, is expected to slow the supply flow and potentially support the price. With a recovery requirement of 6.3 times, Litecoin holds the second-shortest climb to a previous high.

Conversely, XRP recorded the smallest rise of only 2.6% over the past month. However, its relatively low multiple to reach $3.65 makes it a potential frontrunner in returning to its all-time high. With a fund complex and a newly listed treasury company on Nasdaq, XRP could attract steady demand from traditional investors.

Will XRP Reach Its All-Time High Before ADA, AVAX or LTC?

In summary, while all four cryptocurrencies are making strides, we predict XRP has the best chance of reaching its all-time high first, needing just 2.6 times its current value compared to Litecoin’s 6.3 times, Cardano’s 12.3 times, and Avalanche’s 13.2 times.

Though Avalanche, Cardano, and Litecoin have enjoyed recent momentum, the math suggests XRP could be the quicker path to recovery for XRP holders. However, if Litecoin’s recovery requirement falls below XRP’s 2.6 times before XRP returns to $3.65, the competition could shift.

Contact [email protected] for any questions or corrections.

Sam Daodu

Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.

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