Expert Reveals Actual XRP Price All-Time High, Quoting Ripple CTO
2025-07-17 19:11:15
Main Idea
An expert clarifies that XRP's actual all-time high (ATH) price is $3.36, not the commonly cited $3.84, citing Ripple CTO David Schwartz's explanation about discrepancies due to the 'Kimchi Premium' on Korean exchanges.
Key Points
1. XRP's true ATH is $3.36, not $3.84, as clarified by Ripple CTO David Schwartz and echoed by Dom (Bull/ish) of EasyA.
2. The $3.84 figure resulted from the 'Kimchi Premium,' a phenomenon where prices on Korean exchanges were inflated due to exchange rate discrepancies during the 2017–2018 bull run.
3. The $3.36 price reflects the highest achievable sell price on major U.S. exchanges, excluding regional anomalies.
4. As of mid-July 2025, XRP is trading at $3.26, sparking discussions about a potential new ATH.
5. Accurate historical price data is crucial for setting realistic expectations, especially amid XRP's renewed market interest and regulatory clarity.
Description
The debate over XRP’s true all-time high (ATH) has resurfaced following a clarifying post by Dom (Bull/ish) of EasyA. Amid recent price surges and renewed market interest, Dom addressed growing confusion about XRP’s historical peak, quoting Ripple’s Chief Technology Officer, David Schwartz, to set the record straight. Clearing the Confusion: $3.36 vs $3.84 Many XRP followers have long believed that the token’s ATH was $3.84, a figure commonly displayed on several cryptocurrency tracking platform...
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