#XRP
🧭Specific Events in XRP's History🧭
1. 2012: Ripple Labs Founded
XRP was created to facilitate fast, low-cost cross-border payments.
Initial price: $0.005.
2. 2017: First Bull Run
Ripple partnered with Santander, American Express, and other institutions.
Price surged to $2.28 in December during the broader crypto bull market.
3. 2018: All-Time High and Crash
January: XRP hit its all-time high of $3.84, driven by speculation.
December: Prices fell below $0.20 as the crypto market entered a bear phase.
4. 2020: SEC Lawsuit Filed
Allegation: XRP was an unregistered security.
Immediate impact: Price dropped to $0.17, and XRP was delisted from major U.S. exchanges.
5. 2021: Ripple’s Legal Fight Gains Momentum
Ripple argued XRP was not a security, gaining support from the crypto community.
Price peaked at $1.96 in April during the market rally.
6. 2023: Legal Victory Sparks Price Surge
July: Court ruled XRP sales to retail investors were not securities.
Price jumped from $0.47 to $0.94 within a day.
7. 2024: Current Surge
XRP continues to rise, trading near $1.50 as adoption grows and legal clarity improves.