XRP, you son of a gun.
You’ve made us wait 7.5 years, but we’re back to the good olde days of January 2018.
Earlier today, the third-largest cryptocurrency by circulating market cap managed to return to its all-time high (ATH) of $3.65.
Depending on your source, it hasn’t yet done so, but it is very close nonetheless.
Strictly speaking, when accounting for inflation, its true ATH would be $4.69.
But don’t let this undermine the significance of what has happened.
While it’s far from my largest crypto investment, I am keen to see XRP do well, mostly as a response to those who have continuously written it off and mocked its devoted community.
While the entire asset class has had to deal with two brutal and prolonged markets since 2018, XRP has borne the brunt of it all.
For years, Gary Gensler and his anti-crypto colleagues* dragged crypto, particularly Ripple, and by extension, XRP, through the mud.
*Except for Hester Pearce, one of the few good people at the regulator who has remained supportive of this industry and asset class.
For the other doubters and detractors, this chart is for you.
XRP/USD historical chart. Source: CoinGecko. Snapshot taken on July 18, 2025, at 01:15 UTC.
That’s what you get for writing off XRP, let alone any other blue-chip altcoin.
Whether or not the token will last remains to be seen.
Despite this, it will go down as one of the biggest crypto comebacks for years to come.
Strictly speaking, I should give this to Solana.
What a rollercoaster ride it has had:
– April 11, 2020: ~$0.95
– January 1, 2021: ~$1.70
– November 6, 2021: $260, reaching its local (2021) peak
– January 1, 2022: $170
– January 1, 2023: $10
– December 31, 2023: $101
– January 19, 2025: $293, marking a new all-time high
It had dipped much further than XRP relative to its ATH and managed to set a new high of $293 beforehand.
Even though SOL is significantly down from its ATH, it will be above $300 in the coming months, possibly weeks, assuming altseason gets back into full swing.
Looming interest rate cuts will likely get the money printer in action once again, translating to even more liquidity flowing into crypto and (tech) stocks.
Hats off to anyone who has held on the entire time, and a special mention to those who loaded their SOL bags while people were panic-selling.
In fact, well done to all of you who have held onto whatever investment you have that has managed to bounce back harder than before.
It’s a sign of patience and perseverance in a market where many capitulate and crumble under the pressure from crashing prices.
Before wrapping up, there’s a glaring admission to make: XRP’s overall performance is still well below BTC and ETH, which are considerably above their respective 2017/18 peaks.
If XRP were to be on par with Bitcoin’s current price of $120,000, it would need to be around $22 per token.
How much higher will the token go this cycle?
Which three cryptocurrencies are you paying attention to the most in this bull run?
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https://cryptowithlorenzo.medium.com/bitcoin-is-going-to-zero-5562122f5481
Disclaimers
- This blog post is for informational purposes only. It is not financial, legal, or investment advice. You are ultimately responsible for your decisions.
- My opinions in this piece may not reflect those of any news outlet, person, organisation, or entity listed here.
- Please do sufficient research before investing in any cryptocurrency assets, staking, NFTs, or other products associated with this space.
Featured image by optimism_studio at Freepik.