On July 18, the XRP price reached $3.65. To many investors, this level marked a new all-time high (ATH) for the asset. However, not everyone agrees, as many market participants believe its ATH is $3.84. This price is listed as the ATH on CoinMarketCap, as opposed to Coingecko, which lists $3.65 as the new ATH. Meanwhile, Ripple’s Chief Technology Officer (CTO), David Schwartz, weighed in on this discrepancy in a recent post on X. Origin of the $3.84 XRP Price ATH Schwartz explained that the frequently cited $3.84 price “comes from averaging in XRP/WON exchange rates at Korean exchanges by converting the Won to USD at an unrealistic exchange rate.” This brings renewed attention to a well-known phenomenon in crypto markets known as the Kimchi Premium. The term refers to the tendency for cryptocurrency prices on South Korean exchanges to trade above global averages because the exchanges use the official Korean Won to USD exchange rates, which don’t reflect real-world prices. That makes crypto prices look higher in USD terms compared to other markets. This debate resurfaced when XRP hit $3.39 in January, and Schwartz explained that no one bought or sold XRP for $3.84 . Although many price-tracking websites still list $3.84 as XRP’s ATH, Schwartz’s comments suggest that this price is misleading. I don't think so. The 3.84 USD price comes from averaging in XRP/WON exchange rates at Korean exchanges by converting the Won to USD at an unrealistic exchange rate. https://t.co/voMP2Mehsz — David 'JoelKatz' Schwartz (@JoelKatz) July 18, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Accurate Benchmarks Going Forward Ripple CTO explained that anyone who bought XRP above $3.3 either paid too much or bought a few days after its price breached that level. He has also previously suggested that the asset’s ATH might be as low as $2.8 . However, most exchanges and other experts agree that it was around $3.36 . XRP’s recent climb to $3.65 now stands as a more credible ATH, backed by cleaner, more consistent pricing data. Unlike the inflated figures pulled from South Korean markets in 2018, this level reflects a broader market consensus and excludes the impact of unrealistic exchange rates. However, this debate may not last long, as experts believe XRP will break the $3.84 soon. In the lead-up to July, analysts predicted big things for XRP , and many still have high expectations for the asset, expecting double-digit prices. Many technical indicators and broader market factors have been building up to this moment, and XRP could smash through the $3.65 ATH and potentially cross $10 before the month ends. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CTO Clarifies Discrepancy about XRP Price All-Time High appeared first on Times Tabloid .