Since Donald Trump's victory in the US presidential elections on November 5, 2025, the price of $XRP has increased by almost 600% to $3.45. The level of $3.4 was reached on January 16, 2025, just a few days before Trump's inauguration. This was followed by a decline, and the price ranged from $1.75 to $2.5 until the end of June.
Starting in July, the price of XRP rose almost without retracement, and on July 18, it recorded a new all-time high above $3.66. A price peak close to this for the token was back in January 2018, after which the rate collapsed and did not rise above $1.5 for years.
The increase in the price of XRP led to the coin surpassing the stablecoin USDT in market capitalization. XRP's market capitalization exceeded $200 billion, according to Coinmarketcap on July 19, 2025.
Editor-in-chief of Unchained, Steve Ehrlich, wrote a guest column about the rise of XRP, noting that the reason for XRP's surge was the overall growth of the cryptocurrency market and its cyclicality