XRP traded at about $1.29 on 25 October 2026, according to CoinGecko data updated at 10:05 UTC that day. That is roughly 65% below its all-time high of $3.65, set on 17 July 2025, and about 49% lower than a year earlier. With a market capitalisation of about $81.9 billion, XRP ranked fifth among crypto assets by that measure on the same date.
The latest: October 2026
- Price. XRP fell about 13.7% in October up to 24 October, according to 24/7 Wall St. It briefly reached $1.40 on 21 October, dropped back to $1.28 on 23 October and closed below $1.30 on both 23 and 24 October. That outlet put the 30-day range at $1.255 to $1.63.
- Spot ETF flows. 24/7 Wall St. reported that US spot XRP ETFs had $1.80 billion in total net inflows as of 22 October 2026, with no change on 23 October. It also reported total net assets of $1.48 billion and about $18.5 million of inflows between 25 September and 23 October. The article does not name its data provider, so these figures rest on a single secondary source.
- What is coming. US midterm elections take place on 3 November 2026. The first US spot XRP ETF reaches its first anniversary in mid-November.
Key numbers (CoinGecko, 25 October 2026)
| Metric | Value |
|---|---|
| Price | ~$1.29 |
| All-time high | $3.65 (17 July 2025) |
| All-time low | ~$0.0027 (21 May 2014) |
| Market cap | ~$81.9 billion (rank 5) |
| Circulating supply | ~63.35 billion XRP |
| Total supply | ~99.99 billion XRP |
| Maximum supply | 100 billion XRP |
| One-year change | about −49% |
From the SEC lawsuit to the spot ETF
Step through the dated events behind XRP's price, from the December 2020 SEC case to the dates coming up in November 2026.
- 22 December 2020The SEC sues Rippledone
The SEC charged Ripple Labs Inc., co-founder Christian Larsen and CEO Bradley Garlinghouse with conducting an over $1.3 billion unregistered securities offering through sales of XRP.
- July 2023A split rulingdone
Judge Analisa Torres ruled that Ripple's direct sales of XRP to institutional investors were securities offerings. Its programmatic sales, made through a blind bid process, did not violate securities laws.
- 7 August 2024A $125 million penaltydone
The court ordered Ripple to pay a civil penalty of $125,035,150 and barred it from future violations of the registration provisions of the Securities Act of 1933.
- June 2025Penalty cut refuseddone
The district judge refused the parties' request to reduce the penalty, according to Decrypt.
- 17 July 2025A new all-time highdone
XRP reached $3.65, its highest price on CoinGecko's record.
- 7 August 2025The case endsdone
The SEC said a joint stipulation had dismissed its appeal and Ripple's cross-appeal at the Second Circuit. The $125,035,150 penalty and the injunction stay in effect.
- 13 November 2025The first US spot XRP ETFdone
Canary Capital's spot XRP ETF (XRPC) began trading on Nasdaq. The Defiant reported that XRP rose about 5% to around $2.50 after the launch.
- 25 October 2026Where XRP trades nowdone
XRP traded at about $1.29 on CoinGecko, roughly 65% below its $3.65 all-time high and about 49% lower than a year earlier.
- 3 November 2026US midterm electionsexpected
The results could affect crypto legislation, including which regulator oversees tokens like XRP.
- Mid-November 2026The ETF's first anniversaryexpected
The first US spot XRP ETF reaches one year of trading.
This timeline lists dated events only. It does not show daily prices or ETF flows, does not say which event caused which price move, and does not forecast what the November 2026 dates will bring.
What moved XRP's price: the timeline
December 2020: the SEC sues
On 22 December 2020, the US Securities and Exchange Commission charged Ripple Labs Inc., co-founder Christian Larsen and CEO Bradley Garlinghouse with "conducting an over $1.3 billion unregistered securities offering" through sales of XRP. For most of the next four years, the case was the main source of uncertainty around XRP.
July 2023: a split ruling
In 2023, Judge Analisa Torres of the US District Court for the Southern District of New York ruled that Ripple's direct sales of XRP to institutional investors were securities offerings. She found that its programmatic sales, made through a blind bid process, did not violate securities laws, as reported by The Block.
August 2024: a $125 million penalty
On 7 August 2024, the court ordered Ripple to pay a civil penalty of $125,035,150. It also barred the company from future violations of the registration provisions of the Securities Act of 1933.
August 2025: the case ends
On 7 August 2025, the SEC said a joint stipulation had dismissed its appeal and Ripple's cross-appeal at the Second Circuit. This ended the action against Ripple, Garlinghouse and Larsen. The $125,035,150 penalty and the injunction stay in effect. Earlier, in June 2025, the district judge had refused the parties' request to reduce the penalty, according to Decrypt.
July 2025: a new all-time high
XRP reached $3.65 on 17 July 2025, its highest price on CoinGecko's record.
November 2025: the first US spot ETF
Canary Capital's spot XRP ETF (ticker XRPC) began trading on Nasdaq on 13 November 2025. The Defiant reported that XRP rose about 5% to around $2.50 after the launch. Since then, the price has fallen to the current level of about $1.29.
What sets the supply
- Fixed cap. XRP has a maximum supply of 100 billion. CoinGecko lists about 63.35 billion as circulating.
- The founders' gift. According to XRPL.org, David Schwartz, Jed McCaleb and Arthur Britto started building the XRP Ledger in 2011 and launched it in June 2012. The founders gave 80 billion XRP to the company that became Ripple.
- Escrow. Ripple committed in 2017 to place 55 billion XRP into escrow, split into 55 contracts of 1 billion XRP each that expire one per month. XRP that goes unused is returned to escrow at the back of the queue. On-chain data from Coin Metrics dates the escrow to 16 December 2017. How much Ripple releases and sells each month is one of the supply factors market watchers follow.
What to watch next
- ETF flows. Net creations and redemptions in US spot XRP funds. Weekly figures differ between data providers.
- US policy after the 3 November 2026 midterms. The results could affect crypto legislation, including which regulator oversees tokens like XRP.
- Escrow releases. Monthly unlocks from Ripple's escrow and how much of each release goes back into escrow.
For forecasts, see our separate XRP price prediction 2026-2030. Price forecasts are opinions, not data.
Limitations: price data comes from one aggregator (CoinGecko) at one point in time, and the October 2026 ETF flow figures come from a single outlet that does not name its data provider.
