$SUI The price of XRP rose to a record high, soaring past a seven-year-old milestone amid broader momentum for altcoins in the crypto market.

In brief

XRP price set a new all-time high on Thursday, finally topping the seven-year old record.

It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko.

Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions.

The price of XRP rose to a record high on Thursday, soaring past a seven-year-old milestone amid broader momentum