XRP Trades at $1.02, 72% Below Peak, as Bitcoin Dwarfs Its Market Value
XRP trades at $1.02, down 25.3% in 30 days, while Bitcoin's market value is about 22 times larger. XRP beat Bitcoin over ten years, but supply, purpose and fund flows set the two coins far apart.
Could XRP be the next Bitcoin? On November 12, 2026, XRP traded at $1.02, down 25.3% over 30 days and 72% below its all-time high, while Bitcoin's market value stood about 22 times higher.
XRP also sits below its 20-day, 50-day and 200-day moving averages. Those are its average closing prices over each period, and traders use them to gauge momentum.
Size and returns
XRP's market value is about $64.6 billion, sixth among cryptocurrencies. Bitcoin's is about $1.43 trillion.
XRP's all-time high was $3.65 in July 2025. Getting back there would mean a gain of about 258% from today's price, and it could take more money than the first run because more XRP is now in circulation.
On returns, the picture depends on the time frame. Over ten years, XRP gained about 12,868% against Bitcoin's 10,347%. Over five years, XRP is down 12% while Bitcoin is up 14.2%. Over the last year, XRP fell 57.3% and Bitcoin rose 29.8%.
Different supply, different job
Bitcoin's supply is capped at 21 million coins, which would be worth about $1.5 trillion at the current price. New coins come only from mining, where computers compete to add transactions to the blockchain and earn a reward. No company controls it.
XRP has a maximum supply of 100 billion coins, worth about $102 billion at the current price. All were created at launch. Ripple, the payments company tied to XRP, still holds a large share, much of it locked in escrow and released every month.
The coins also serve different purposes. Most people see Bitcoin as a store of value, a kind of digital gold. XRP is built to move money quickly between banks and payment companies as a bridge currency.
ETF flows
Spot XRP exchange-traded funds, which hold the coin and trade like stocks, had taken in $1.79 billion in total net inflows by November 11, according to SoSoValue. They held about $1.19 billion in net assets.
Money has started leaving. The funds saw outflows of $10.4 million on November 9 and $7.6 million on November 10.
U.S. spot Bitcoin ETFs hold about $93.7 billion in net assets, roughly 79 times the XRP funds. They have taken in about $55.1 billion in total, even after a $299.9 million outflow on November 11.
Payments and ledger upgrades
DriveWealth's chief executive said in a November 12 interview that the firm plans to use Ripple's RLUSD stablecoin, a token pegged to the U.S. dollar, along with the XRP Ledger for settlements. XRP benefits only indirectly, because each transaction on the ledger uses a small XRP fee.
The ledger's roadmap adds programmability, which would let it run apps and smart contracts. Planned upgrades include smart escrows and a sidechain compatible with the Ethereum Virtual Machine, both aimed at attracting developers. That kind of growth usually takes time to show up in the price.
