XRP Price in 2017

• XRP Price Data
• ripplehistoricalpricechart.com

XRP entered January 2017 at just $0.006 — barely a fraction of a cent. For the first four months, the token traded flat while Bitcoin began its slow ascent. The first major move came in April 2017, when XRP's market capitalization crossed $1 billion for the first time.

May 2017 marked the beginning of XRP's explosive rally. News of Ripple's expanding bank partnerships and the broader altcoin season pushed XRP to $0.04 by month's end. By October, the token was trading above $0.20. The average XRP price for the full year 2017 was approximately $0.20.

December 2017 was extraordinary. XRP surged from $0.25 at the start of the month to over $1.00 by December 15, then continued climbing to close the year at $2.30 on December 31. A $100 investment in XRP on January 1, 2017 would have been worth approximately $36,000 by year-end.

The 2017 performance was driven by retail FOMO, Coinbase listing speculation, growing media coverage, and Ripple's active marketing of its RippleNet payment network to banks across Asia. Japan and South Korea were particularly active markets, with local crypto exchanges seeing enormous XRP trading volumes.