If you’re wondering how much was XRP in 2018, you’re not alone. Many crypto enthusiasts and beginners want to know how XRP (Ripple) performed in 2018—a year that marked significant volatility in the cryptocurrency market. In the crypto world, XRP is the native digital asset of the Ripple network, used for fast, affordable international payments. Understanding XRP’s 2018 price action helps give context to its current trends and the overall crypto landscape.
The year 2018 was a rollercoaster for cryptocurrencies, and XRP was no exception. Let’s break down the major trends month by month:
| Month | Average XRP Price (USD) | Major Events | |------------|------------------------|----------------------------------| | January | $1.50 – $3.65 | ATH, market euphoria | | March | $0.55 – $1.00 | Overall crypto correction | | June | $0.45 – $0.75 | Market stabilizing slightly | | September | $0.27 – $0.58 | New Ripple partnerships announced | | December | $0.29 – $0.38 | Year ends with market lows |
What caused such drastic changes in XRP’s price in 2018?
Market Sentiment: The entire crypto sector saw a boom and bust cycle in 2018. After Bitcoin reached its ATH, almost all major cryptocurrencies—including XRP—experienced a dramatic sell-off.
Ripple Network Developments: Ripple, the company behind XRP, continued to announce various partnerships with financial institutions. For example, in September 2018, xRapid (now called On-Demand Liquidity) was launched, boosting temporary market optimism but not enough to reverse the overall downtrend (Ripple Insights Blog).
Regulatory Uncertainty: Throughout the year, uncertainty about the regulatory status of XRP in the United States and internationally created doubt for investors.
Competition and Technology: Other blockchain projects were emerging, offering alternatives to RippleNet and the XRP Ledger.
Macro Economic Factors: Crypto prices are often swayed by larger financial market trends, risk appetite, and global economic events.
The huge rally was fueled by widespread crypto adoption headlines, media attention, and speculative trading. As more people bought in, prices surged massively before quickly correcting.
No, while prices are typically close, they can differ slightly across platforms. For accurate historical data, refer to major exchanges like Bitget Exchange, which offers transparent charts and liquidity.
In 2018, XRP performed similarly to most major altcoins but held the #3 spot by market cap after Bitcoin and Ethereum for much of the year. Compared to Bitcoin, XRP’s declines began earlier and lasted throughout the year.
| Comparison | XRP | Bitcoin | Ethereum | |-----------------|----------|----------|----------| | 2018 High | $3.65 | $17,176 | $1,366 | | 2018 End Value | $0.36 | $3,742 | $136 | | % Drop from ATH | ~90% | ~78% | ~90% |
According to Glassnode and Nansen data, XRP’s daily transaction volume remained strong in 2018 despite price drops—a sign that utility and adoption continued behind the scenes.
$3.65 ────┐ │ $1.00 ──┐ │ │ │ $0.75 ──┘ │ │ │ $0.50 ──┬─── │ $0.25 ──┘ Jan ── Mar ── Jun ── Sep ── Dec
As of today, XRP holders use Bitget Wallet for secure asset management and trading, reflecting increased attention on security and usability in the crypto world.
Ready to dive further into XRP or start trading? Begin by learning from history and always use secure tools such as Bitget Exchange and Bitget Wallet.