Tracing The Footsteps of XRP: How Has The XRP Price Evolved Over The Years?
The first cryptocurrency, Bitcoin (BTC), finally offered an alternative to fiat money. In addition, Bitcoin paved the way for numerous cryptocurrencies to enter the market and offer even more advanced solutions. One example of this kind is XRP, created by Ripple to enable low-cost, secure, and fast international payments.
In addition, XRP has also become a popular investment opportunity. The XRP price has increased in the past, and given the demand for this crypto project, it could rise again.
This is why it is essential to examine how the XRP price has evolved over the years, as this helps you develop better strategies to achieve your investment goals. Keep reading to learn more about XRP’s history.
2012: Year Ripple Was Launched
Ripple was launched in 2012, during a period when Bitcoin was already making waves, with its price reaching $13.45. This was a moment when more altcoins began to emerge on the market, including XRP, which went live in June 2012. At first, its price was around $0.1, and it remained low for several years. It even dropped further, to around $0.005.
However, its name began to attract investor attention, and it was listed on crypto exchanges. The men behind this crypto project were Jed McCaleb, David Schwartz, and Arthur Britto, followed later by Chris Larsen. The company’s name was NewCoin, then OpenCoin, and finally Ripple.
2013:The Year When More Developments Appeared
2013 was the year when the Ripple team focused on improving open payments to provide enough XRP for use as a means of transferring money. Thanks to this crypto, XRP could finally break away from other financial networks and offer improved solutions, especially given their high fees. The value of XRP in 2013 was still around $0.0056 at the beginning, but it later hit 5 cents —an important milestone.
2014: An Excellent Time For Ripple
2014 was a year when Ripple gained significant partnerships with three banks. The company also increased its employee count at this time, reaching 87. However, the price of XRP fell, crashing in January from $0.028 to $0.0028. At the end of the year, on 18 December, the price was around $0.024.
2015: New Beginnings On The Horizon
2015 was the year when OpenCoin, Ripple’s name at the time, was rebranded as Ripple. This year, Ripple partnered with Santander and also teamed up with 25 banks from 15 countries. Still, the coin’s value was low, closing the year at $0.0060.
2016: Bringing More Stability To The XRP Price
2016 brought more stability to this coin, which had been fluctuating between $0.0056 and $0.0085.
2017: Year with Good News
2017 was an excellent year for the crypto market. This was when BTC was valued at $20,000 per coin, which also boosted the entire crypto market. Even though the price of XRP didn’t rise right away, the price reached $2.3 on 31 December 2017.
2018: Experiencing Both Ups and Downs
In 2018, XRP hit an all-time high of $3.37. However, the happy news didn’t last long, and then, XRP’s value fell to $0.5.
2019: Aftermath of The Crypto Winter
In 2019, cryptocurrencies were slowly recovering from the crypto winter, which spread over the entire crypto market in the following years. Ripple was gaining new partnerships, but some voices were accusing XRP of being a security. The price was around $0.30, then surged to $0.45, only to drop to $0.20 in December.
2020: Covid-19 Era
2020 was one of the worst years for numerous industries. At this moment, some were staying at home, while others had lost their jobs, leading them to seek other solutions. And some of them turned to crypto. This is why 2020 was a good year for specific crypto projects, such as Bitcoin, which hit $29K. XRP also increased by $0.70. However, what followed was one of Ripple’s worst scenarios: an SEC lawsuit.
2021: Beginning of The Battle Between The SEC And Ripple
During 2021, Ripple had the opportunity to defend itself in this lawsuit. The SEC accused Ripple of selling XRP as an unregistered security.
2022: A Year With Uncertainty
2022 was a year of uncertainty for the crypto market, mainly due to the ongoing SEC lawsuit. The highest value of XRP was at around $0.80, while the lowest was around $0.32 in August and June.
2023: Dealing With Key Developments And Product Evolution
2023 brought both good news and bad news. However, the most crucial event in 2023 was Ripple’s significant victory when the US court ruled that XRP sales on public exchanges are not investment contracts. This reduced some of the worries, and after this, the price of XRP rose from $0.3164 to $0.9088.
2024: Bringing Good News
In 2024, Ripple sought to address problems arising from its battle with the SEC. For instance, Ripple received a reduced penalty, which was cut from $2 billion to $125 million. Additionally, Donald Trump’s election in November 2024 paved the way for a bright future, as this president turned out to be a crypto enthusiast. The price fluctuated in 2024, ranging from around $0.5574 to $3.
2025: End of The Battle With The SEC
In 2025, Ripple finally settled its lawsuit with the SEC, which was good news, as this approach reduced uncertainty surrounding the coin. XRP also performed well, and in November 2025, it started trading around $2.33.
Conclusion
XRP is a resilient crypto project that survived even though it didn’t have the easiest evolution, and there were plenty of shortcomings along the way. This proves that XRP has a great future, where it can become an even more widely considered digital coin.
XRP has the great advantage of offering the best solutions for cross-border payments, which is why it maintains an important position.
Disclaimer
The information presented is for educational and informational purposes only and should not be taken as financial, investment, or legal advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Historical price data, regulatory actions, and legal developments may change over time and should be independently verified. Consult a qualified financial professional before making any investment decisions involving XRP or any other digital asset.
References
- XRP price overview — Coinbase
- XRP monthly price history — Statista
- XRP exchange-based historical data — MEXC
- SEC ends case against Ripple (news report) — Business Insider