People who bought XRP at the peak nine years ago are still down 62.5%, while accounts that bought BNB during the same period have already grown 28-fold 🦖
🚨 行情变了群里说
XRP is currently trading at around $1.33, still 62.5% below its all-time high of $3.55 in early January 2018. In other words, buyers who got in at the January 2018 peak still haven’t recovered their principal, nearly nine years later.
Rewind to 2017, when crypto first burst into the mainstream spotlight. January 2018 was one of the hottest weeks. Nine years on, Bitcoin is up 314% from $19,804, Dogecoin is up 322%, BNB is up about 2,800%, Ethereum is up 66%, and ZEC is up 38%. XRP is one of the few large-cap coins from that period still trading below its 2017 peak.
It did manage to turn things around: in July 2025, it briefly surged to $3.66, setting a new all-time high, before sliding back down to around $1.30 this year 📉
Why did this happen? Three reasons ⚖️
First, supply has increased. The circulating supply rose from 38.7 billion tokens in 2017 to 63.1 billion, an increase of 63%. But the total market cap fell by only about 3%. The same pie is being divided among more people, so each token naturally represents a smaller slice.
Second, XRP ETFs have struggled to attract inflows. In nearly a year since launch, XRP ETFs have drawn in just $1.8 billion, while Bitcoin ETFs often see more than $1 billion in a single day.
Third, activity has declined. Data from Nansen shows spot trading volume is down 53.5%, perpetual futures volume is down 44%, and active addresses are down 10.7%.
There’s also the shadow of regulation. U.S. regulators filed a lawsuit in December 2020, and a $125 million penalty was imposed in 2024. The two sides dropped their appeals and closed the case in August 2025. At the time, XRP was still above $3. Since then, it has fallen about 59%, compared with a 32% drop for Bitcoin and 44% for Ethereum.
My take is that this isn’t simply a matter of bad luck, but a structural shift in where capital is flowing. Ripple has focused on cross-border payments and its own stablecoin, but hasn’t made it into the sectors really attracting money, like DeFi, AI, and meme coins. Meanwhile, investors have more choices, and money flows toward fresher stories.
One signal worth watching: some analysts suggest tracking XRP’s relative strength against Bitcoin. If the new supply from escrow unlocks is slowing, but XRP still can’t outperform Bitcoin, that would suggest demand is weakening rather than supply pushing prices down.
Are you still holding XRP, or have you already switched positions? Let’s talk in the comments.
Tap the profile picture to watch the livestream.
Every day, I’ll keep you up to date on crypto’s hottest topics—not just what’s happening, but also the logic and opportunities behind it 👀🚀
🚨 行情变了群里说
XRP is currently trading at around $1.33, still 62.5% below its all-time high of $3.55 in early January 2018. In other words, buyers who got in at the January 2018 peak still haven’t recovered their principal, nearly nine years later.
Rewind to 2017, when crypto first burst into the mainstream spotlight. January 2018 was one of the hottest weeks. Nine years on, Bitcoin is up 314% from $19,804, Dogecoin is up 322%, BNB is up about 2,800%, Ethereum is up 66%, and ZEC is up 38%. XRP is one of the few large-cap coins from that period still trading below its 2017 peak.
It did manage to turn things around: in July 2025, it briefly surged to $3.66, setting a new all-time high, before sliding back down to around $1.30 this year 📉
Why did this happen? Three reasons ⚖️
First, supply has increased. The circulating supply rose from 38.7 billion tokens in 2017 to 63.1 billion, an increase of 63%. But the total market cap fell by only about 3%. The same pie is being divided among more people, so each token naturally represents a smaller slice.
Second, XRP ETFs have struggled to attract inflows. In nearly a year since launch, XRP ETFs have drawn in just $1.8 billion, while Bitcoin ETFs often see more than $1 billion in a single day.
Third, activity has declined. Data from Nansen shows spot trading volume is down 53.5%, perpetual futures volume is down 44%, and active addresses are down 10.7%.
There’s also the shadow of regulation. U.S. regulators filed a lawsuit in December 2020, and a $125 million penalty was imposed in 2024. The two sides dropped their appeals and closed the case in August 2025. At the time, XRP was still above $3. Since then, it has fallen about 59%, compared with a 32% drop for Bitcoin and 44% for Ethereum.
My take is that this isn’t simply a matter of bad luck, but a structural shift in where capital is flowing. Ripple has focused on cross-border payments and its own stablecoin, but hasn’t made it into the sectors really attracting money, like DeFi, AI, and meme coins. Meanwhile, investors have more choices, and money flows toward fresher stories.
One signal worth watching: some analysts suggest tracking XRP’s relative strength against Bitcoin. If the new supply from escrow unlocks is slowing, but XRP still can’t outperform Bitcoin, that would suggest demand is weakening rather than supply pushing prices down.
Are you still holding XRP, or have you already switched positions? Let’s talk in the comments.
Tap the profile picture to watch the livestream.
Every day, I’ll keep you up to date on crypto’s hottest topics—not just what’s happening, but also the logic and opportunities behind it 👀🚀