If you had put $1,000 into XRP (CRYPTO: XRP) the day Trump won the 2024 presidential election, you’d have roughly $2,220 today. That works out to a gain of about 122% in under two years, though the raw number barely captures the ride. At its peak last summer, that same $1,000 briefly touched $7,300 before a prolonged slide cut most of those gains away. For anyone trying to understand what actually happened and whether XRP was the smarter buy, here’s the full picture.
XRP Price Performance Since Donald Trump’s Win
XRP was priced at around $0.50 on election day, meaning a $1,000 investment bought roughly 2,000 tokens. What followed was one of the fastest rallies any major crypto asset has staged in recent memory, capped by a correction that has now ground on for more than a year.
Within two weeks of Trump’s win, XRP had already surged around 155%, reaching roughly $1.30 by November 14. By that point, the same $1,000 had already grown into $2,600. The rally kept building through December as investors piled in on expectations of a friendlier regulatory environment, pushing XRP to around $2.87 in early December.
January 2025 brought XRP close to its 2025 high, briefly touching $3.38. At that point, your $1,000 was worth $6,760. The token stalled for a few months before finding another gear in mid-2025, reaching a new all-time high of $3.65 on July 18, 2025. For anyone holding since election day, that moment turned a $1,000 bet into $7,300.
The reversal came just as swiftly. By December 2025, XRP had retreated to around $1.88. A brief recovery in January 2026 pushed the price back to $2.41, but broader market weakness dragged it to $1.04 in late June 2026, the lowest point since late 2024. As of mid-July 2026, XRP is trading at approximately $1.11, and that original $1,000 is now worth around $2,220.
Here’s how XRP has performed since Donald Trump’s win:
| Period | XRP Price | Value of $1,000 Invested |
| Nov 5, 2024 (Trump wins) | $0.50 | $1,000 |
| Nov 14, 2024 (two weeks later) | $1.30 | $2,600 |
| January 2025 | $3.38 | $6,760 |
| July 18, 2025 (all-time high) | $3.65 | $7,300 |
| November 2025 (ETF launch) | $2.40 | $4,800 |
| December 2025 | $1.88 | $3,760 |
| July 2026 (Today) | $1.11 | $2,220 |
What Major Events Drove XRP’s Price During That Period?
XRP’s price chart from November 2024 to today reflects four distinct catalysts, each of which pushed it sharply in one direction or the other.
Trump’s Win and the Pro-Crypto Pivot
Trump had campaigned on making the U.S. the global crypto hub, and the market repriced XRP almost overnight. The 155% gain in two weeks outpaced Bitcoin, Ethereum, and Solana during the same window. Large investors added roughly 1.42 billion XRP, worth around $1.5 billion at the time, within the first 14 days after the result. Institutional positioning moved quickly and decisively.
Gary Gensler’s Exit
Gensler’s SEC had brought enforcement actions against multiple crypto companies, and his departure on January 20, 2025, the day Trump was inaugurated, acted as a direct catalyst for XRP. The SEC had been suing Ripple in federal court since December 2020, arguing that XRP was an unregistered security. With a crypto-friendlier leadership incoming at the agency, markets bet the lawsuit’s days were numbered. XRP’s push toward $3.38 in January 2025 reflected that conviction directly.
The SEC Lawsuit Finally Ends
Ripple and the SEC jointly dropped all their appeals on August 7, 2025, officially closing nearly five years of litigation. The case ended with a ruling that XRP sold on public exchanges is not a security, a clear legal win for Ripple. XRP jumped more than 23% on the announcement before sellers stepped in. That resolution cleared the path for banks, exchanges, and institutions to use XRP without fear of regulatory blowback, removing the single biggest cloud that had hung over the token since 2020.
Spot XRP ETFs Launch
The SEC approved the first wave of U.S. spot XRP ETFs in November 2025, with Canary Capital’s fund hitting Nasdaq on November 13. Cumulative XRP ETF inflows crossed $1 billion by December 16, 2025, the fastest ramp-up any new crypto ETF had achieved since Ethereum’s launch. By late June 2026, cumulative net inflows had surpassed $1.47 billion, even as XRP’s price continued falling. The pattern tells a clear story: early investors and large holders used the new ETF liquidity to exit positions, selling into steady institutional buying and capping any sustained recovery.
Was This a Better Investment Than Simply Buying Bitcoin?
On percentage terms, XRP wins, and by a wide margin even after the correction. Bitcoin was trading at around $68,000 on election day, so a $1,000 investment bought roughly 0.0147 BTC. With Bitcoin now at approximately $64,600, that position is worth around $950, a slight loss from the original investment. XRP’s 122% gain over the same period is a far better outcome, even accounting for how far XRP has fallen from its peak.
The peak comparison sharpens the contrast further. Bitcoin hit its own all-time high of $126,198 on October 6, 2025, which would have turned that $1,000 into roughly $1,855 at the top. XRP at its July 2025 peak would have been worth $7,300, nearly four times more. By mid-July 2026, however, the picture has shifted: XRP holders are sitting on a meaningful gain while Bitcoin holders from election day are essentially flat or slightly underwater, meaning XRP’s edge has narrowed but it still carries the lead.
Editor’s note: This article has been updated to reflect XRP’s current price of approximately $1.11 as of mid-July 2026 (revised from $1.42), raising the current value of the hypothetical $1,000 investment to roughly $2,220 and adjusting the gain figure to approximately 122%. Bitcoin’s current price has also been corrected to approximately $64,600, and the XRP ETF cumulative inflows figure has been updated to reflect the $1.47 billion reached through late June 2026.
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