XRP News Today: Ripple CTO Clarifies XRP All-Time High Price at $3.36

David Schwartz, the Chief Technology Officer of Ripple, recently clarified the true all-time high (ATH) price of XRP, addressing a long-standing debate within the cryptocurrency community. The confusion centered around whether the ATH was $3.84 or $3.36. Schwartz explained that the $3.84 figure, often cited as the ATH, was inflated due to the "Kimchi premium" on South Korean exchanges. This premium resulted from capital controls and limited access to foreign exchanges, leading South Korean traders to pay higher prices for cryptocurrencies, including XRP.

The $3.84 figure, which included inflated amounts due to the use of "official" currency exchange rates for Korean exchanges, did not reflect the actual trading prices available to most global traders. Schwartz emphasized that the true ATH of XRP was $3.36, a price point reached on major U.S. exchanges with consistent global liquidity. This clarification is crucial as it provides an accurate historical benchmark for investors and analysts.

The importance of accurate data cannot be overstated, especially as XRP gains renewed market interest due to regulatory clarity and growing institutional adoption. Misleading ATH figures can create confusion, misalign expectations, and distort technical analysis. With XRP once again crossing the $3 threshold and trading at $3.26 as of mid-July 2025, the need for precision in market history has become more important than ever. Investors rely on historical benchmarks to assess potential growth and identify resistance levels, making accurate data essential for informed decision-making.

Schwartz's clarification, amplified by trusted voices within the XRP community, has provided a clearer understanding of the token's historical peak. This renewed accuracy helps position XRP for a more informed and transparent journey toward its next major milestone. As the cryptocurrency market continues to evolve, accurate historical data will be vital in guiding future investments and strategic decisions.

Schwartz emphasized the importance of XRP's long-term utility over temporary price movements. Focusing on utility rather than speculative price highs aligns with Ripple's broader strategy for blockchain adoption. This perspective aims to stabilize the cryptocurrency environment, avoiding unfounded speculative surges that can mislead investors. Schwartz's comments underscore Ripple's commitment to fostering sustainable growth and real-world applications for XRP.

Ethereum also played a role as it broke above $3,000, indicating broader alt-season trends. Each movement within the crypto industry can signal the potential for other assets, sparking market interest. Historical analysis reveals that short-lived spikes are often corrected later. According to Schwartz, real value surfaces through utility and adoption rather than speculative price spikes, stressing the need for sustainable growth.