XRP Falls 61% From Its Aug. 7, 2025, End-of-Day Price
Over the following year, XRP lost 44.7%, compared with 23.5% for Bitcoin and 38.1% for Ether.

XRP (XRP) has fallen 60.7% from its Aug. 7, 2025, end-of-day price, as lawyer Bill Morgan questions whether Ripple’s SEC lawsuit still explains the token’s market performance.
The token stood at $1.3050 in the Oct. 18, 2026, end-of-UTC-day snapshot, corresponding to about 7:59 p.m. ET (23:59 UTC). It was $3.3182 in the Aug. 7, 2025, snapshot. The comparison measures the change between two daily readings, rather than a move from the precise time the appeals were dismissed.
XRP also lost 44.7% over the year ending Oct. 18, falling from $2.3605. Bitcoin (BTC) declined 23.5% over the same period, while Ether (ETH) dropped 38.1%. All three assets weakened, but XRP recorded the largest percentage loss of the group. The one-year comparison uses end-of-day readings from Oct. 18 in both years.
In an Oct. 18 post, Morgan challenged the use of the lawsuit as a continuing explanation for XRP’s price. His argument follows an earlier claim that the case weighed on XRP during a prior market cycle.
The SEC sued Ripple in December 2020, alleging an unregistered XRP offering. The SEC and Ripple dismissed their appeals on Aug. 7, 2025, ending the enforcement action. That date supplies the starting day for the longer price comparison, though its $3.3182 baseline comes from the end-of-day snapshot.
The dismissal left a $125,035,150 civil penalty and an injunction against Ripple in effect. A May 2025 proposal would have cut Ripple’s payment to $50 million and lifted the injunction if approved by the court. Those proposed changes did not take effect when the appeals were dismissed.
The surviving judgment matters to the legal context, while the price readings establish XRP’s performance over the selected periods. XRP’s larger decline than Bitcoin’s or Ether’s does not show how the token would have traded without the lawsuit. The figures cannot isolate the case’s effect on its price.