XRP Holders Show Remarkable Patience Through Market Storms

XRP holders have consistently demonstrated admirable patience through volatile market periods, a quality that’s now drawing widespread recognition from leading crypto analysts and commentators.

Between November 2024 and January 2025, XRP posted an impressive rally of nearly 600%, making it the best-performing digital asset among major cryptocurrencies during the rally largely fueled by optimism tied to former President Trump’s re-election. This performance was highlighted by CNBC. Yet, this rapid growth is just a glimpse into the long and often painful journey XRP investors have endured.

Prominent market analyst John Squire recently praised this endurance. He remarked that if patience could be tokenized, XRP holders would already be billionaires, referring to their unwavering commitment over more than seven years of market hardships.

XRP’s Rocky Road After Its Peak

In early 2018, XRP reached its all-time high of $3.80 following an astonishing surge of 68,000% from March 2017. But the triumph was short-lived. Over the next two years, XRP sank severely, plummeting to a low of $0.1140 by March 2020—a decline of roughly 97% from its peak.

Attempts to recover began in November 2020 with a notable 177% monthly increase, but were abruptly halted in December 2020. That month marked the beginning of Ripple’s legal entanglement with the U.S. Securities and Exchange Commission (SEC lawsuit), triggering a 67% crash—XRP’s largest-ever monthly decline. The market response was severe: major exchanges in the U.S. and Canada suspended XRP trading, leading to aggressive sell-offs and mounting bearish trends.

While many cryptocurrencies soared during the 2021 bull run, XRP struggled under the weight of regulatory uncertainty. It peaked at just $1.96 in April 2021—still 92% off its all-time high—failing to capture the broader market’s momentum.

Persistence Despite Adversity

Despite several downturns, XRP’s community remained strong. According to data from Santiment, there were approximately 986,000 XRP holders in January 2018. That number grew steadily, even amid cascading prices and the SEC lawsuit, surpassing 1 million shortly after and continuing its climb over the following years.

By December 2022, XRP had gained over 3.53 million new holders, indicating that community belief in the project remained resilient. Notably, increases in wallet addresses actually accelerated around the time the SEC case began, suggesting growing investor confidence in a long-term resolution.

Signs of a Turnaround?

Now, many believe that XRP is finally beginning to reflect its true value. The breakout rally from late 2024 to early 2025 is viewed as the first real push towards reversing what some have described as years of price suppression. Optimism is spreading among investors and analysts alike, with several market watchers predicting further exponential gains.

One of these analysts, BarriC, has been vocal about his long-term conviction. Just last month, he noted that he acquired XRP at $0.10 with a clear vision to hold for the long haul, specifically setting a target as ambitious as $100. For BarriC, and countless XRP believers, this isn’t just about a quick gain—it’s about enduring the harsh tides in pursuit of transformative financial opportunity.

Related: Expert Advice: Sell XRP If You’re Confused

While the future remains uncertain, what cannot be denied is the unyielding support from the XRP community. Through legal setbacks, price collapses, and extended market downturns, their perseverance has helped keep XRP in the spotlight—and may soon be rewarded in unprecedented fashion.