XRP has long been one of the most closely watched digital assets—not just for its technology and links to financial institutions, but for its extreme price fluctuations and prolonged legal battles. Recently, however, suspicions have grown that XRP’s price history may not simply reflect normal market forces, but something more deliberate.
🔹 The Legendary Surge of 2017
According to analyst Jesse, XRP experienced one of the most explosive price rallies in crypto history at the end of 2017. In just two weeks, it soared from $0.15 to over $3—a stunning 20x increase in a matter of days. Even more remarkable: XRP had been trading for less than a cent earlier that year, meaning it rose nearly 800-fold in under 12 months.
But the rally was abruptly interrupted when CoinMarketCap removed price data from several Asian exchanges—those with the highest XRP trading volumes. The change, unannounced and unexpected, triggered a sharp drop in the displayed price and a wave of panic selling.
🔹 Stalled Growth and Unanswered Questions
After such an explosive rise, many expected XRP to keep climbing as adoption expanded. In 2018, Ripple CEO Brad Garlinghouse claimed the company was onboarding new banking partners every week. Based on that pace, the network should now include thousands of institutions. Yet Ripple’s official statements still refer to "over 300 banks"—a number that hasn’t changed for years.
This stagnation and the lack of significant price movement despite RippleNet’s development has led many investors to question whether XRP is intentionally being kept undervalued. Some call it manipulation; others suggest it’s market suppression.
🔹 Signs of Change Ahead?
There is still hope on the horizon. The year 2025 could be pivotal for XRP, with a more defined regulatory framework and the potential launch of an XRP ETF. Many investors are hoping this could finally break the long-standing resistance and ignite a new bull run.
Recent data from Glassnode indicates long-term accumulation patterns and suppressed price movement, further supporting claims that XRP’s market value has been held back. The big question remains: who is behind this—and why?
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