Ripple XRP Crashes to Multi-Month Low on Its 14th Birthday

Ripple's XRP is trading at $1.16, down roughly 10% over the past seven days, after sliding to a multi-month low that landed — with painful timing — on the token's 14th birthday. The drop briefly pushed XRP below $1.20, a level not sustained since the early February selloff, and the picture is uglier than the headline price suggests. Multiple support layers have now been compromised, and the market structure heading into this week offers little comfort for holders still averaging down into the dip.

On June 2, 2012, Ripple co-founder Arthur Britto released the lines of code that minted 100 billion XRP tokens — the genesis of the entire ecosystem. As one X user noted on the anniversary: "If you're wondering today why people say Happy Birthday XRP. Today, 14 years ago, Arthur Britto committed this code that created the 100b XRP (prev called XNS)." — Vet (@Vet_X0), June 2, 2026