40 datasets found
  1. Ripple XRP/USD price history up to June 30, 2025

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Ripple XRP/USD price history up to June 30, 2025 [Dataset]. https://www.statista.com/statistics/807266/ripple-price-monthly/
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    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 9, 2022 - Jun 30, 2025
    Area covered
    Worldwide
    Description

    Ripple - or XRP - prices surged in 2021, but went down significantly as 2022 progressed. As of June 30, 2025, one XRP token was worth 2.19 U.S. dollars. Ethereum's price, for example, kept on reaching new all-time highs, a feat not performed by XRP. Indeed, XRP's more price spikes followed relatively late - only occurring in early 2021, against late 2020 for most other cryptos - after the US SEC filed a legal complaint against Ripple in November 2020. This legal action caused the XRP price to plummet from around 0.70 U.S. dollars to 0.20 U.S. dollars. Ripple versus XRP: two become one Technically speaking, Ripple is not a cryptocurrency. Renamed from a protocol called OpenCoin in 2013, Ripple facilitates open-source payments. XRP, on the other hand, is the cryptocurrency that runs on this network. In that sense, Ripple and XRP have a similar symbiosis to each other like the Ethereum network and its cryptocurrency Ether. Unlike Ethereum - whose price changes are connected to the world of Decentralized Finance or DeFI - Ripple/XRP mostly looks at developments in cross-border payments for companies. In 2020, companies worldwide began to favor fintech solutions for future B2B solutions and, in a way, Ripple is an extension of that. What affects the price of Ripple? Ripple is mostly active in Southeast Asia - a region with a splintered payment landscape and that heavily investigates its own types of state-issued cryptocurrency to make cross-border payments a lot easier. Price spikes tend to follow news on this topic in this specific region. In 2019, for example, the XRP price grew after Japan and South Korea began testing to reduce time and costs for transferring international funds between the two countries. In March 2021, Ripple announced that it had agreed to acquire 40 percent of Malaysian cross-border payments firm Tranglo to meet growing demand in Southeast Asia.

  2. T

    XRPUSD Ripple / US Dollar - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 20, 2018
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    TRADING ECONOMICS (2018). XRPUSD Ripple / US Dollar - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpusd:cur
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jan 20, 2018
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 13, 2025
    Description

    Prices for XRPUSD Ripple / US Dollar including live quotes, historical charts and news. XRPUSD Ripple / US Dollar was last updated by Trading Economics this July 13 of 2025.

  3. Daily Ripple (XRP) market cap history up to March 23, 2025

    • statista.com
    Updated Jul 3, 2025
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    Statista (2025). Daily Ripple (XRP) market cap history up to March 23, 2025 [Dataset]. https://www.statista.com/statistics/807216/ripple-market-capitalization-quarterly/
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    Dataset updated
    Jul 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The market cap of Ripple, or XRP, grew substantially in November 2024, after the results of the United States elections. At the beginning of 2024, the cryptocurrency had a market capitalization of around ** billion U.S. dollars. One year later, this had changed to *** billion U.S. dollars. The company Ripple faced charges in 2020 from the U.S. Securities and Exchange Commission (SEC), which led to a *** million U.S. dollar fine in August 2024 as the company was sentenced for violating investor-protection laws. The SEC appealed this decision, deeming the sentence too low. The results of the U.S. elections in November 2024, however, and the announced changes to the leadership of the SEC, made crypto investors believe that the case against Ripple Labs might be dropped in January 2025.

  4. T

    SOLXRP Solana Ripple - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 25, 2022
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    TRADING ECONOMICS (2022). SOLXRP Solana Ripple - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/solxrp:cur
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    Jun 25, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jun 24, 2025
    Description

    Prices for SOLXRP Solana Ripple including live quotes, historical charts and news. SOLXRP Solana Ripple was last updated by Trading Economics this June 24 of 2025.

  5. T

    XRPCNY XRPCNY - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Feb 4, 2018
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    TRADING ECONOMICS (2018). XRPCNY XRPCNY - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpcny:cur
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Feb 4, 2018
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 14, 2025
    Description

    Prices for XRPCNY XRPCNY including live quotes, historical charts and news. XRPCNY XRPCNY was last updated by Trading Economics this July 14 of 2025.

  6. Dogecoin DOGE/USD price history up to June 30, 2025

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Dogecoin DOGE/USD price history up to June 30, 2025 [Dataset]. https://www.statista.com/statistics/1200235/dogecoin-price-index/
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    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 9, 2022 - Jun 30, 2025
    Area covered
    Worldwide
    Description

    The price of the cryptocurrency based on the famous internet meme broke its price decline in early November 2022 - as people started buying the coin after FTX's collapse. This rally only lasted for a few days, however, as a Dogecoin was worth roughly 0.16 U.S. dollars on June 30, 2025. This is a different development than in 2021 - when the crypto became very popular in a short amount of time. Between January 28 and January 29, 2021, Dogecoin's value grew by around 216 percent to 0.023535 U.S. dollars after comments from Tesla CEO Elon Musk. The digital coin quickly grew to become the most talked-about cryptocurrency available: not necessarily for its price - the prices of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and several other virtual currencies were much higher than that of DOGE - but for its growth.

  7. T

    XRPDOT Ripple Polkadot - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 22, 2022
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    TRADING ECONOMICS (2022). XRPDOT Ripple Polkadot - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpdot:cur
    Explore at:
    xml, json, excel, csvAvailable download formats
    Dataset updated
    Jun 22, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 15, 2025
    Description

    Prices for XRPDOT Ripple Polkadot including live quotes, historical charts and news. XRPDOT Ripple Polkadot was last updated by Trading Economics this July 15 of 2025.

  8. XRP 2 (XRP 2) price history & XRP 2 historical data by minute, hour, day,...

    • bitget.vin
    xlsx
    Updated Jul 4, 2025
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    Bitget (2025). XRP 2 (XRP 2) price history & XRP 2 historical data by minute, hour, day, month, and year [Dataset]. https://www.bitget.vin/ph/price/xrp-2/historical-data
    Explore at:
    xlsx(7115 bytes)Available download formats
    Dataset updated
    Jul 4, 2025
    Dataset authored and provided by
    Bitget
    License

    https://www.bitget.com/ph/price/xrp-2https://www.bitget.com/ph/price/xrp-2

    Time period covered
    Jul 3, 2024 - Jul 3, 2025
    Description

    XRP 2 Ang pagsubaybay sa kasaysayan ng presyo ay nagbibigay-daan sa mga crypto investor na madaling masubaybayan ang performance ng kanilang pamumuhunan. Maginhawa mong masusubaybayan ang opening value, high, at close sa XRP 2 sa paglipas ng panahon, pati na rin ang trade volume. Bukod pa rito, maaari mong agad na tingnan ang pang-araw-araw na pagbabago bilang isang porsyento, na ginagawang effortless na tukuyin ang mga araw na may significant fluctuations. Ayon sa aming data ng history ng presyo ng XRP 2, tumaas ang halaga nito sa hindi pa naganap na peak sa 2023-10-24, na lumampas sa $0.{5}6315 USD. Sa kabilang banda, ang pinakamababang punto sa trajectory ng presyo ni XRP 2, na karaniwang tinutukoy bilang "XRP 2 all-time low", ay naganap noong 2023-11-29. Kung ang isa ay bumili ng XRP 2 sa panahong iyon, kasalukuyan silang masisiyahan sa isang kahanga-hangang kita na -100%. Sa pamamagitan ng disenyo, ang 100B XRP 2 ay malilikha. Sa ngayon, ang circulating supply ng XRP 2 ay tinatayang 0. Ang lahat ng mga presyong nakalista sa pahinang ito ay nakuha mula sa Bitget, galing sa isang reliable source. Napakahalagang umasa sa iisang pinagmulan upang suriin ang iyong mga investment, dahil maaaring mag-iba ang mga halaga sa iba't ibang nagbebenta. Kasama sa aming makasaysayang XRP 2 dataset ng presyo ang data sa pagitan ng 1 minuto, 1 araw, 1 linggo, at 1 buwan (bukas/mataas/mababa/close/volume). Ang mga dataset na ito ay sumailalim sa mahigpit na pagsubok upang matiyak ang consistency, pagkakumpleto, at accurancy. Ang mga ito ay partikular na idinisenyo para sa trade simulation at mga layunin ng backtesting, madaling magagamit para sa libreng pag-download, at na-update sa real-time.

  9. T

    XRPUNI Ripple Uniswap - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 3, 2022
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    TRADING ECONOMICS (2022). XRPUNI Ripple Uniswap - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpuni:cur
    Explore at:
    excel, xml, json, csvAvailable download formats
    Dataset updated
    May 3, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 13, 2025
    Description

    Prices for XRPUNI Ripple Uniswap including live quotes, historical charts and news. XRPUNI Ripple Uniswap was last updated by Trading Economics this July 13 of 2025.

  10. T

    XRPAUD XRPAUD - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Dec 18, 2020
    + more versions
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    TRADING ECONOMICS (2020). XRPAUD XRPAUD - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpaud:cur
    Explore at:
    excel, json, xml, csvAvailable download formats
    Dataset updated
    Dec 18, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 15, 2025
    Description

    Prices for XRPAUD XRPAUD including live quotes, historical charts and news. XRPAUD XRPAUD was last updated by Trading Economics this July 15 of 2025.

  11. Tether USDT/USD price history up to January 27, 2025

    • statista.com
    Updated Jan 30, 2025
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    Statista (2025). Tether USDT/USD price history up to January 27, 2025 [Dataset]. https://www.statista.com/statistics/1269281/tether-price-index/
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    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    After several fluctuations in earlier years, the price of Tether or USDT since 2020 achieved the stability against the U.S. dollar that it was designed to reach. In 2021, Tether ranks as one of the biggest cryptocurrencies in the world and is regarded as the most well-known "stablecoin", or cryptocurrency that is connected to the price development of another, real-world asset. As Tether's USDT code suggest, the token is, in this case, connected to the U.S. dollar. This effectively means that a single Tether will nearly always be worth one single U.S. dollar. This relative stability, unlike the price development of, say, Ripple (XRP), is what defines a stablecoin and is especially important for decentralized lending and borrowing. This particular segment made up roughly half of the overall value locked in Decentralized Finance or DeFi.

  12. T

    XRPMYR XRPMYR - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 26, 2021
    + more versions
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    TRADING ECONOMICS (2021). XRPMYR XRPMYR - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpmyr:cur
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Mar 26, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 13, 2025
    Description

    Prices for XRPMYR XRPMYR including live quotes, historical charts and news. XRPMYR XRPMYR was last updated by Trading Economics this July 13 of 2025.

  13. T

    USCXRP USD Coin Ripple - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 25, 2022
    + more versions
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    TRADING ECONOMICS (2022). USCXRP USD Coin Ripple - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/uscxrp:cur
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jun 25, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 11, 2025
    Description

    Prices for USCXRP USD Coin Ripple including live quotes, historical charts and news. USCXRP USD Coin Ripple was last updated by Trading Economics this July 11 of 2025.

  14. T

    XRPXMR Ripple Monero - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 3, 2022
    + more versions
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    TRADING ECONOMICS (2022). XRPXMR Ripple Monero - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpxmr:cur
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    May 3, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 15, 2025
    Description

    Prices for XRPXMR Ripple Monero including live quotes, historical charts and news. XRPXMR Ripple Monero was last updated by Trading Economics this July 15 of 2025.

  15. T

    XRPNZD XRPNZD - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 26, 2021
    + more versions
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    TRADING ECONOMICS (2021). XRPNZD XRPNZD - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpnzd:cur
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Mar 26, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 16, 2025
    Description

    Prices for XRPNZD XRPNZD including live quotes, historical charts and news. XRPNZD XRPNZD was last updated by Trading Economics this July 16 of 2025.

  16. T

    XRPALG Ripple Algorand - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 18, 2022
    + more versions
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    TRADING ECONOMICS (2022). XRPALG Ripple Algorand - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpalg:cur
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    May 18, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 15, 2025
    Description

    Prices for XRPALG Ripple Algorand including live quotes, historical charts and news. XRPALG Ripple Algorand was last updated by Trading Economics this July 15 of 2025.

  17. T

    AVXXRP Avalanche Ripple - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 26, 2022
    + more versions
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    TRADING ECONOMICS (2022). AVXXRP Avalanche Ripple - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/avxxrp:cur
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 26, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 8, 2025
    Description

    Prices for AVXXRP Avalanche Ripple including live quotes, historical charts and news. AVXXRP Avalanche Ripple was last updated by Trading Economics this July 8 of 2025.

  18. T

    XRPUST Ripple Tether - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 3, 2022
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    TRADING ECONOMICS (2022). XRPUST Ripple Tether - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/xrpust:cur
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    May 3, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 15, 2025
    Description

    Prices for XRPUST Ripple Tether including live quotes, historical charts and news. XRPUST Ripple Tether was last updated by Trading Economics this July 15 of 2025.

  19. w

    Global Crypto Currency Market Research Report: By Cryptocurrency Type...

    • wiseguyreports.com
    Updated May 30, 2025
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    wWiseguy Research Consultants Pvt Ltd (2025). Global Crypto Currency Market Research Report: By Cryptocurrency Type (Bitcoin, Ethereum, Tether, USD Coin, Binance Coin, XRP, Cardano, Solana, Dogecoin, Binance USD, Polkadot, SHIBA INU, TRON, Avalanche, Dai, Litecoin, Wrapped Bitcoin, Uniswap), By Use Case (Store of Value, Medium of Exchange, Investment, Smart Contracts, Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), Remittances, Microtransactions, Gaming, Supply Chain Management), By Technology (Proof of Work, Proof of Stake, Hybrid Consensus, Directed Acyclic Graph (DAG), Hashgraph, Quantum Resistant Ledger (QRL)), By Market Capitalization (Large Cap Cryptocurrencies (>$10 billion), Mid Cap Cryptocurrencies ($1 billion - $10 billion), Small Cap Cryptocurrencies ($100 million - $1 billion), Micro Cap Cryptocurrencies ($100 million)), By Regulation (Fully Regulated, Partially Regulated, Unregulated) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032. [Dataset]. https://www.wiseguyreports.com/de/reports/crypto-currency-market
    Explore at:
    Dataset updated
    May 30, 2025
    Dataset authored and provided by
    wWiseguy Research Consultants Pvt Ltd
    License

    https://www.wiseguyreports.com/pages/privacy-policyhttps://www.wiseguyreports.com/pages/privacy-policy

    Time period covered
    May 24, 2025
    Area covered
    Global
    Description
    BASE YEAR2024
    HISTORICAL DATA2019 - 2024
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    MARKET SIZE 2023815.42(USD Billion)
    MARKET SIZE 20241011.12(USD Billion)
    MARKET SIZE 20325650.0(USD Billion)
    SEGMENTS COVEREDCryptocurrency Type ,Use Case ,Technology ,Market Capitalization ,Regulation ,Regional
    COUNTRIES COVEREDNorth America, Europe, APAC, South America, MEA
    KEY MARKET DYNAMICSIncreasing adoption in decentralized finance Growing institutional interest Regulatory developments Volatility and market fluctuations Technological advancements
    MARKET FORECAST UNITSUSD Billion
    KEY COMPANIES PROFILEDGemini ,BlockFi ,Voyager ,Binance ,Nexo ,Crypto.com ,KuCoin ,Kraken ,FTX ,Coinbase ,Celsius Network ,Huobi Global ,OKEx ,Gate.io ,Bybit
    MARKET FORECAST PERIOD2024 - 2032
    KEY MARKET OPPORTUNITIESDeFi integration Decentralized finance Institutional adoption Metaverse and NFTs Crosschain interoperability
    COMPOUND ANNUAL GROWTH RATE (CAGR) 24.0% (2024 - 2032)
  20. T

    DAIXRP Dai Ripple - Currency Exchange Rate Live Price Chart

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Feb 3, 2022
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    TRADING ECONOMICS (2022). DAIXRP Dai Ripple - Currency Exchange Rate Live Price Chart [Dataset]. https://tradingeconomics.com/daixrp:cur
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Feb 3, 2022
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2000 - Jul 13, 2025
    Description

    Prices for DAIXRP Dai Ripple including live quotes, historical charts and news. DAIXRP Dai Ripple was last updated by Trading Economics this July 13 of 2025.

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Statista (2025). Ripple XRP/USD price history up to June 30, 2025 [Dataset]. https://www.statista.com/statistics/807266/ripple-price-monthly/
Organization logo

Ripple XRP/USD price history up to June 30, 2025

Explore at:
Dataset updated
Jun 30, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Aug 9, 2022 - Jun 30, 2025
Area covered
Worldwide
Description

Ripple - or XRP - prices surged in 2021, but went down significantly as 2022 progressed. As of June 30, 2025, one XRP token was worth 2.19 U.S. dollars. Ethereum's price, for example, kept on reaching new all-time highs, a feat not performed by XRP. Indeed, XRP's more price spikes followed relatively late - only occurring in early 2021, against late 2020 for most other cryptos - after the US SEC filed a legal complaint against Ripple in November 2020. This legal action caused the XRP price to plummet from around 0.70 U.S. dollars to 0.20 U.S. dollars. Ripple versus XRP: two become one Technically speaking, Ripple is not a cryptocurrency. Renamed from a protocol called OpenCoin in 2013, Ripple facilitates open-source payments. XRP, on the other hand, is the cryptocurrency that runs on this network. In that sense, Ripple and XRP have a similar symbiosis to each other like the Ethereum network and its cryptocurrency Ether. Unlike Ethereum - whose price changes are connected to the world of Decentralized Finance or DeFI - Ripple/XRP mostly looks at developments in cross-border payments for companies. In 2020, companies worldwide began to favor fintech solutions for future B2B solutions and, in a way, Ripple is an extension of that. What affects the price of Ripple? Ripple is mostly active in Southeast Asia - a region with a splintered payment landscape and that heavily investigates its own types of state-issued cryptocurrency to make cross-border payments a lot easier. Price spikes tend to follow news on this topic in this specific region. In 2019, for example, the XRP price grew after Japan and South Korea began testing to reduce time and costs for transferring international funds between the two countries. In March 2021, Ripple announced that it had agreed to acquire 40 percent of Malaysian cross-border payments firm Tranglo to meet growing demand in Southeast Asia.

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