XRP (XRP +2.18%) has a market capitalization of approximately $96 billion and ranks as the fifth-largest token by valuation. Due to recent sell-offs that have shaped pricing trends across the broader crypto market, XRP is actually down roughly 37% over the last year of trading.
On the other hand, the token is up big over the last five years. Read on for a look at what $100 investment in XRP five years ago would be worth at today's pricing.
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XRP has more than tripled over the last five years
Over the last five years, XRP has posted a return of roughly 264%. This means that a $100 investment made in the token five years ago would now be worth approximately $364.
CRYPTO: XRP
Key Data Points
XRP has posted big valuation gains across the last half-decade thanks in large part to bullish momentum for the broader crypto market. The token has also gotten a big valuation boost from the resolution of legal challenges brought by the Securities and Exchange Commission (SEC) against Ripple Labs -- the cryptocurrency's parent company.
XRP has made encouraging gains when it comes to mind share and market share in the cryptocurrency space, but it remains to be seen whether the token can continue to gain ground or if it will lose footing compared to other crypto tokens.
