Ripple (XRP) Price
Read everything about the Ripple Price in USD, EUR and GBP.
Follow the Ripple price in euro, dollar and Pound sterling
In the widget above you can follow the current Ripple price in a simple chart which shows the performance of the XRP-token over the last day (because crypto-trading never stops, the chart shows you the past 24 hours).
XRP is also a cryptocurrency, just like Bitcoin and Ethereum. Cryptocurrencies are traded 24/7 and never take a break. When the Dow Jones takes a weekend off, you can still trade XRP and all other cryptocurrencies.
Traditional stocks don’t trade during the weekend, because the companies are closed and there is no relevant news for their shareholders. They can’t present new numbers for the last quarter or bring out a shocking news report. Cryptocurrencies are traded on platforms that are 24/7 open, even during the night and weekend time.
In the widget (made possible by our partner Bitvavo) you can see how the Ripple price has performed over the last 7 days, 30 days, since the beginning of this year (shown by clicking YTD) and since the notation of Ripple (shown by clicking ALL, which stands for all-time).
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XRP price in euro and dollar
Below, you will find more information about the XRP performance over last month and last week. You’ll see the current market capitalization and the highest and lowest prices over the last 24 hours.
Use EUR and USD to switch between Euro and US dollar.
Please note that the price may vary by a few cents compared to the rate at the top of the page. This is because two different suppliers provide the data.
The history of the Ripple’s price
Ripples or XRP’s are coins which focus on the financial industry. The developer of XRP token, a company named Ripple, tries to make transactions between financial networks more effective and tries to lower the transaction costs. Ripple is the company behind XRP. There is actually a difference between Ripple and XRP. In the past the token on the blockchain was also called Ripple, but they rebranded the token in 2018 to XRP (XRP). But most people still call the token Ripple. So the token is called XRP and the company behind it is called Ripple.
The first notation of the Ripple was mid 2013, when the value was € 0,004. It is therefore not weird to think that there are some crazy profits made by early investors.
During the crypto bull run in 2017, the XRP grew and was in December the second largest cryptocurrency in the world. The all-time-high was reached on the 4th of January 2018, when it the XRP value was € 3,47. Just like other cryptos it stabilized after that.
The Ripple team owns a large part of the XRP in circulation, which they dump into the market regularly. Rumors are going around that the team may influence the XRP value by all their sell orders. Therefore, investors think that the price or XRP may never go up due to the large amount that is dumped.
Ripples technology is used widely. It is estimated that over one of a third of mayor banks uses their technology (note: not their coin, but their technology).
2020
Ripple’s technology has become so widespread that more than one-third of the largest banks in the world now use the system.
By the end of 2020, Ripple, the company behind the XRP coin, planned a public offering, which could give the entire crypto world a massive boost. CEO Brad Garlinghouse announced this at the World Economic Forum in Davos, Switzerland.
At the end of 2020, Ripple Labs, the company behind XRP, was sued by the SEC. This had a huge impact on the price. The SEC alleged that XRP conducted an illegal token sale worth $1.3 billion. The XRP price dropped from nearly $0.70 to $0.21.
2021
The lawsuit in 2021 caused XRP to benefit less from the bull market. Several exchanges also decided to delist XRP. Only in the second quarter, after things started to look more positive for Ripple, did the XRP price start rising again. Fans demanded XRP to be relisted, and rumors of an IPO also boosted the price. The XRP price peaked in April 2021 at $1.83. After that, the price dropped, contrary to many other cryptocurrencies.
Although XRP saw several price increases in the remainder of 2021, it never broke the $1.83 mark again. The SEC lawsuit was still unresolved by the end of 2021 (despite rumors suggesting otherwise). The year ended with a price of $0.8312, more than half of the ATH for 2021.
2022
The year 2022 was particularly turbulent for Ripple (XRP), marked by sharp price fluctuations and increasing uncertainty in the crypto market. The ongoing lawsuit with the SEC remained a dominant factor influencing sentiment around XRP, while the broader market faced macroeconomic pressures and scandals such as the collapse of FTX. XRP began the year above $0.80 but ended significantly lower around $0.34, a sharp decline of more than 59%.
- January: XRP had a weak start to the year, falling from $0.8313 to $0.6191, a 25.5% drop reflecting market sentiment. The uncertainty surrounding the SEC lawsuit continued to keep investors cautious.
- February: Despite the earlier decline, XRP rebounded strongly, rising from $0.619 to $0.782 (+26.3%), driven by speculation about a positive turn in the SEC case. Read more about the lawsuit progress.
- March: XRP continued its upward trend, reaching $0.8146 (+4.2%) as trading volume increased due to rising institutional interest. Ripple also announced new partnerships promoting the use of On-Demand Liquidity (ODL).
- April: XRP corrected sharply from $0.8147 to $0.5871 (-27.9%), coinciding with a broader market correction caused by rising inflation and Fed interest rate hikes.
- May: A dramatic crash saw XRP fall from $0.5871 to $0.4219 (-28.2%), mainly due to the collapse of Terra (LUNA) and the resulting market panic. Read more about the Terra scandal.
- June: The downtrend continued, with XRP falling to $0.3314 (-21.5%), partly due to the Celsius Network crash and growing liquidity issues in the market. Celsius shocked the market by freezing withdrawals.
- July: XRP recovered slightly, rising to $0.3805 (+14.7%), driven by speculation on progress in the SEC lawsuit and improved market sentiment.
- August: Despite the earlier recovery, XRP fell again to $0.3279 (-13.8%), influenced by Fed interest rate hikes and growing economic uncertainty.
- September: XRP made a strong comeback, rising to $0.4798 (+46.3%), as rumors of a possible settlement in the SEC lawsuit boosted optimism.
- October: The price stabilized around $0.4659 (-2.9%) as the crypto market remained cautious due to macroeconomic uncertainty and pending court decisions.
- November: XRP dropped sharply from $0.4658 to $0.4087 (-12.2%), mainly due to the collapse of FTX, which caused a domino effect across the crypto sector. The FTX crash caused market panic.
- December: XRP closed the year at $0.3399, a further drop of 16.8%, influenced by the aftermath of the FTX scandal and the ongoing SEC lawsuit uncertainty.
2023
In 2023, the XRP price experienced a dynamic year with significant price movements driven by both legal developments and broader market trends. The price started the year around $0.34 and ended stable around $0.61, despite volatility and key legal decisions. The ongoing lawsuit with the SEC remained a key factor in price action, with sharp increases during positive legal news and corrections during uncertainty. XRP once again demonstrated resilience in a turbulent crypto market.
- January: XRP rose from $0.3399 to $0.4064, a 19.57% increase. A positive market sentiment at the beginning of the year led to a broader recovery in the crypto market.
- February: The price dropped from $0.4064 to $0.3771, a decrease of 7.21%. Uncertainty surrounding the U.S. banking crisis and issues at Silvergate Bank added pressure to the market.
- March: XRP surged significantly from $0.3771 to $0.5385, a gain of 42.81%, driven by speculation about a positive outcome in the SEC lawsuit.
- April: The price corrected to $0.4723, a drop of 12.3%. Macroeconomic factors, including Federal Reserve interest rate hikes, led to a temporary correction.
- May: XRP climbed to $0.5174, an increase of 9.54%. Binance announced Bitcoin Lightning Network integration, boosting market confidence.
- June: The price dropped to $0.474, a decline of 8.39%, as regulatory uncertainty and declining liquidity restrained the market.
- July: XRP skyrocketed from $0.474 to $0.6985, a 47.38% increase. A partial victory in the SEC lawsuit triggered a strong rally.
- August: The price corrected back to $0.5108, a drop of 26.9%, as profit-taking and lingering legal uncertainties led to a sharp decline.
- September: XRP remained stable at $0.5154, a marginal gain of 0.9%, as the market awaited further legal developments.
- October: The price increased to $0.6003, a gain of 16.5%, with positive market sentiment fueled by the possible approval of a U.S. Bitcoin ETF.
- November: XRP remained stable, closing at $0.6064, a marginal increase of 1%, with focus on regulatory uncertainties following the FTX legal issues.
- December: XRP ended the year at $0.6149, a minor gain of 1.4%. The year concluded with a relatively stable market, as investors looked forward to more legal clarity in 2024.
2024
The year 2024 was exceptionally volatile for XRP, starting with challenges but experiencing a spectacular surge in the latter half. The early months were marked by ongoing uncertainty surrounding the SEC lawsuit, keeping the price under pressure. As the year progressed, positive developments and market optimism emerged, especially after a favorable resolution of the lawsuit.
This legal victory led to a massive price rally in November, making XRP one of the top-performing altcoins of the year. The price closed the year at a high point, supported by increasing institutional adoption and growing investor confidence.
- January: XRP began the year with a decline from $0.6157 to $0.5032, an 18% drop. The highest point was $0.6386, while the lowest was $0.4945. Uncertainty surrounding the SEC lawsuit led to caution among investors.
- February: XRP rose from $0.5032 to $0.5863, a 16.5% increase. The highest price was $0.6244, while the lowest was $0.4903. Speculation about a possible settlement with the SEC boosted market optimism.
- March: XRP climbed further from $0.5863 to $0.6292, a gain of 7.3%. The peak was $0.7421, with a low of $0.5502. Institutional adoption of RippleNet increased, contributing to the positive market sentiment.
- April: XRP fell from $0.6292 to $0.5001, a decline of 20.5%. The highest point was $0.6413, while the lowest was $0.4336. A market correction created uncertainty, further pressuring the price.
- May: XRP recovered slightly, rising from $0.5001 to $0.5178 (+3.5%). The highest point reached $0.5689, while the lowest was $0.4802. Negative news around the lawsuit limited gains.
- June: XRP fell slightly from $0.5178 to $0.4755, a loss of 8.2%. The highest point was $0.5307, while the lowest was $0.4636. The market remained volatile due to macroeconomic concerns.
- July: XRP surged from $0.4755 to $0.6239 (+31%). The highest price was $0.6579, with a low of $0.3911. Positive expectations surrounding a potential SEC lawsuit settlement drove prices higher.
- August: XRP declined from $0.6239 to $0.5663, a drop of 9.2%. The highest price reached $0.6416, with a low of $0.4335. Rising uncertainty in the broader crypto market weighed on prices.
- September: XRP recovered slightly from $0.5663 to $0.6115 (+8%). The highest price was $0.6622, while the lowest was $0.5059. Renewed confidence in the lawsuit outcome supported the price increase.
- October: XRP fell from $0.6115 to $0.5092 (-16.7%). The highest point was $0.6336, while the lowest was $0.4936. Negative market sentiment kept prices low.
- November: XRP surged dramatically from $0.5092 to $1.9441, an impressive gain of 281%. The highest price reached $1.9549, while the lowest point was $0.4937. The legal victory against the SEC was resolved in Ripple’s favor, triggering massive buying and a strong bullish trend.
- December: XRP continued its upward trend, rising from $1.9441 to $2.0801, a gain of 7%. The highest point was $2.8649, while the lowest point was $1.8536. The price increase was driven by a combination of institutional adoption, positive market trends, and speculation of further price surges.
Historical XRP prices
In the table below you can find the historical Ripple values in euro of the last week.
How is the Ripple value determined?
Every asset that is sold worldwide has a price determined by supply and demand. Cryptocurrencies are relatively new in this world, so the prices of crypto are heavily influenced by the news and market manipulation.
Ripple’s XRP is a fairly popular cryptocurrency, so the price of it closely goes together with the amount of news about this crypto. It’s therefore likely that when there is negative news about crypto, the XRP price goes down, just like Bitcoin and Ethereum. And the same is for positive news. The demand will go up and the prices will rise.
XRP price predictions
More and more financial experts advise to include cryptocurrency in your portfolio. Tom Lee is one of them, sharing his financial market expectations for the coming years in interviews with CNBC, CNN and MSNBC. Tom is very bullish about crypto and analyses that the amount of crypto in Wall Street portfolios rises every year.
This class of assets seems to have a bright future, but only time will learn.
What do you need to know about the XRP value?
An asset that only moves up to a half or one percent per day is a so-called defensive asset. It’s for people who prefer investing without a lot of risk. Cryptocurrency, and therefore Ripple, isn’t one of those. The Ripple price always moves a lot and is very unstable.
Because the crypto market is still a small and developing market, big investors like companies or early investors can give the market a huge shock when selling their XRP.
So, when you are a person who is panicked fast, the crypto market may just not be for you. Altogether, when investing in crypto, please expect high volatility and high risks.
And as we keep saying, never invest more money than you can lose. The success stories about investing in crypto are widespread, but sometimes media forget to highlight the dark side of investing in crypto. After all you can lose a lot or even all of your money investing.
How to invest in Ripple (XRP)?
Just like we did with the other popular cryptocurrencies, our knowledge vault is full of helpful information as well. Educate yourself here and make a well-researched choise about investing in Ripple.
For example, on this page you will see all reliable brokers to buy Ripple.
Be aware that investing in Ripple is a risky investment and you need to take care of your own risks in your personal situation.
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