XRP Price in 2022

• XRP Price Data
• ripplehistoricalpricechart.com

XRP entered 2022 at $0.83, just as the broader crypto bull market was showing signs of exhaustion. As the US Federal Reserve began raising interest rates aggressively to combat inflation, risk assets — including cryptocurrencies — came under sustained selling pressure throughout the year.

The collapse of the Terra/LUNA ecosystem in May 2022 sent shockwaves through the crypto market. XRP briefly fell to $0.38 during this period before recovering somewhat. Ripple's focus on institutional use cases and its regulated status in many jurisdictions provided a degree of insulation from the DeFi-driven contagion.

November 2022 brought the FTX collapse — one of the most dramatic failures in crypto history. XRP fell to its 2022 low of approximately $0.33. However, unlike many tokens closely associated with FTX or Alameda Research, XRP recovered relatively quickly due to its separate exchange infrastructure and established banking relationships.

XRP closed 2022 at approximately $0.34 — a 59% decline from January levels. While painful, this performance was notably better than Bitcoin (-65%), Ethereum (-68%), and Solana (-94%). The XRP Ledger continued operating without interruption throughout all of 2022's crises.