XRP surged following a 2025 SEC ruling that cleared it as an unlicensed security for retail investors, relisting on major exchanges.
XRP, the native token of the XRP Ledger, trades at approximately $1 after a 60% decline over the past year. Regulatory pressures and competition from stablecoins drove the downturn, but recent developments have revived investor interest.
The token reached a peak of $3.84 in early 2018 before facing a lawsuit from the SEC in 2020. The SEC accused Ripple of selling XRP as an unlicensed security, leading to delistings and lost customers. A 2025 ruling imposed a fine on Ripple but clarified XRP was not an unlicensed security for retail investors.
Following the ruling, major cryptocurrency exchanges relisted XRP, and the SEC approved its first spot price ETFs. The token’s utility as a bridge currency for fiat transfers on Ripple’s network remains a key factor in its recovery.