On October 30, Ryan was honored as the NFC Rookie of the Month for October following an impressive string of games in which he led the Falcons to a 2–1 record. Ryan became the first player in Falcons franchise history to be awarded this honor In Week 8 against the Oakland Raiders, Ryan finished with the highest completion percentage of his career (77.3). He threw for 220 yards, two touchdowns, and posted a quarterback rating of 138.4. He also completed passes to eight different receivers and the game was his third multiple touchdown game (Green Bay, Philadelphia). His first half passing yardage, completion percentage (81.3) and passer rating (154.2) are all career highs for a half and his two touchdowns tie a first half high, Ryan's final completion percentage of 77.3 is a career-high along with his passer rating of 138.4. He was named NFC Offensive Player of the Week following his performance against the Raiders. He scored his first rushing career touchdown against the New Orleans Saints on December 7 with a 12-yard touchdown scramble, Ryan also achieved 3,000+ passing yards in the 2008 season being only the 2nd rookie to do so. Peyton Manning was the first.