XRP remains 73% below its 2018 peak despite a near-miss in July 2025, with structural and regulatory challenges weighing on its outlook.
XRP last traded at $1.05, down 73% from its July 2025 high of $3.65, which fell just 5% short of its all-time peak of $3.84 set in January 2018. The token’s market cap would need to surge from $65 billion to $242 billion to revisit its record, while its circulating supply has doubled to 63 billion coins since then.
After hitting $3.84 in 2018, XRP spent years oscillating between $0.20 and $0.50 before the SEC’s 2020 lawsuit against Ripple triggered U.S. exchange delistings. Regulatory uncertainty and stalled validator support for Ripple’s lending protocol have since capped upward momentum, leaving the token without clear catalysts to breach its prior high.
The broader crypto market’s volatility has further pressured XRP, with no immediate signs of a structural shift to drive a sustained rally.