Saad Ullah
XRP just smashed through $3.66 on Coinbase after a massive 20% rally in 24 hours, and now everyone's asking the same question: is this actually XRP's real all-time high? The cryptocurrency has finally broken the $200 billion market cap barrier for the first time, and Ripple's CTO David Schwartz just dropped some truth bombs about what XRP's true peak really is.
XRP Price Discovery Gets Real
The whole thing started when someone on X claimed XRP was in "price discovery mode" - basically saying it had beaten its old records. But another user wasn't having it, arguing that XRP needs to hit $3.84 before we can talk about new highs, pointing to that legendary January 4, 2018 peak on Coinbase.
This got people digging up old tweets from David Schwartz. Back in April 2023, the Ripple CTO had thrown cold water on those sky-high ATH numbers, saying a lot of them were bogus because of wonky currency conversions. He figured XRP's real peak was closer to $2.80, not the $3.84 everyone kept throwing around.
But here's the kicker - Schwartz just admitted he was wrong. "I think my $2.80 number was wrong though. The real ATH was higher than that," he said. Talk about a plot twist.
XRP Breaks New Ground
Right now XRP is trading at $3.46 and sitting pretty with a $204.88 billion market cap, according to CoinMarketCap. That's huge - we're talking about the first time XRP has ever crossed the $200 billion line.
Schwartz pretty much sealed the deal with his latest comment: "Well, I'm pretty sure the real ATH is now, but you know what I mean." Coming from one of the guys who actually built the XRP Ledger, that's not just talk - that's someone who knows what they're talking about.
Market Confirms What We're Seeing
It's not just Schwartz calling it - platforms like Arkham are already marking this as XRP's new all-time high. When multiple data sources start agreeing, you know something real is happening.
The whole ATH confusion has been a headache for years because different exchanges showed different numbers, and nobody could agree on what was real and what was inflated. But now? We're getting some clarity, and it looks like XRP just wrote a new chapter in its price history.
This isn't just about hitting new numbers - it's about XRP proving it can still pack a punch after all the regulatory drama and market chaos. Breaking $200 billion puts XRP in elite company, and frankly, it's about time.
Saad Ullah
