#AltcoinBreakout XRP Price Hits New All-Time High After Seven Long Years
The price of XRP rose to a record high, soaring past a seven-year-old milestone amid broader momentum for altcoins in the crypto market.
In brief
XRP price set a new all-time high on Thursday, finally topping the seven-year old record.
It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko.
Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions.
The price of XRP rose to a record high on Thursday, soaring past a seven-year-old milestone amid broader momentum for altcoins in the cryptocurrency market.
The Ripple Labs-linked coin was recently changing hands around $3.41, rising more than 36% over the past week, according to crypto data provider CoinGecko. The previous record was $3.40, set all the way back in January 2018.
