
XRP Price
(XRP)Market Cap | $9,726,956,453 USD |
24h Volume | $1,135,031,895 USD (0.88%) |
Circulating Supply | 43,299,885,509 XRP |
Total Supply | 99,991,280,558 XRP |
XRP Price Chart
What Is XRP's Price Today?
XRP (XRP) is trading at $0.22464 USD, increasing by 0.88% since yesterday. XRP has traded $1,135,031,895 USD in the last 24 hours.
XRP (XRP) is the #5 largest cryptocurrency by market cap as of October 03, 2023, with a market cap of $9,726,956,453 USD.
What Is XRP Cryptocurrency (XRP)?
The digital payment protocol is the key characteristic that makes Ripple so popular and widely known across the globe. Ripple functions as an open-source and peer-to-peer decentralized platform that assures perfectly smooth, money transfer in any form. Its platform is more popular than the cryptocurrency itself-XRP.
Understanding how the system works, it is maybe the simplest to envision it as a money-transferring structure with two parties on each side of the transaction, where both of the sides use their go-to path to receive money. Just like any other cryptocurrency, Ripple was built aiming to create a distributed ledger network which requires the parties to join and validate the transactions rather than simply focusing on one centralized authority. This makes possible for Ripple to facilitate all of the transactions worldwide with low transfer fees compared to other platforms or currencies.
Unlike other digital assets, all of the XRP transfers are done in an extremely fast manner and require almost no confirmation time. Ripple’s technology is the one thing that stands out and clearly makes Ripple specialized compared to other crypto projects. Its main process is the payment settlement exchanges but also the remittance system that is similar to the SWIFT system that is used for international money transfers mainly used by banks.
Ripple doesn’t use blockchain mining, instead, it uses a consensus mechanism with the help of multiple servers that confirm the transaction. A lot less energy is needed to process the transaction, especially compared to Bitcoin and it also gets confirmed in a few seconds with extremely low costs.
What Is Ripple’s XRP?
XRP, the digital currency of Ripple, represents a strong connection to other currencies, no matter whether that is fiat currency or another digital asset. This makes it easier for any currency to get an exchange for other currencies.
The XRP token is mainly used to provide balance and it can be used to pay transaction fees. Every transaction is subject to e 0.00001 XRP fees which later gets burned and is no longer available. Ripple uses this method as a safety trick to avoid spam attempts in the RippleNet. The transaction fees are often referred to as 10 drops or the tiniest unit related to the XRP token.
XRP doesn’t get mined but it is already fully distributed. More than 100 billion XRP were issued and 63 billion are still owned by RippleLabs. The XRP token is autonomous and free from the organization which means that if Ripple closes, XRP will still continue to exist. As with the mostly-used SWIFT transfers, the XPR transactions involve price risks that are usually affected by price fluctuations. Since an average transaction in the RippleNET is finished in 5 seconds, the risks of strong fluctuations are lower than those with the SWIFT transfer that usually take up to a few days.
How Does Ripple Work?
The Ripple network doesn’t use the proof-of-work system, which means that the transactions rely on the consensus protocol and are guaranteed by the validating account balances and transactions on the system so everything is done in the right manner.
The entire consensus operates to improve the integrity of the system by preventing the common double-spending issue. Every ripple user is able to start a transaction with a few gateways but if he or she sends the same $100 to the gateway systems will have all but the first transaction erased. The confirmations are fast and take up to 5 seconds. Since there’s no central authority that can decide who set up a node and confirms transactions, Ripple is seen as decentralized.
The financial transaction history can be accessed by everyone since it is publicly recorded and is available on the blockchain but the data never gets linked to identification and information to a person or a business.
Ripple Price Prediction (Long Term)
The Ripple price first started at the $0.06 level but as a result of the conclusion of many partnerships with all kinds of banks, the XRP price began to grow rapidly since 2014.
The first peak of the Ripples price was in May 2017 when the new offices opened in Mumbai and Singapore. At that point, the Ripple price was $0.4. The second peak happened in 2018 when XRP’s price forecast was set at reaching $4, but it only reached $3.84. During this year, the cost of the coin was dropping and its rate dropped to 0.29 by September.
The Ripple price prediction shows that XRP is a high-risk 1-year investment option since the price of the coin could drop to $0.04 in just a year. As a long-term investment, XRP is supposed to be in a better buying place with a bullish price prediction since the crypto is expected to increase gradually and reach a level of $0.46 in 2020.
At the time of writing, XRP initiated a bearish trend for the XRP/USD pair according to the charts.
How Many XRP Coins Are There?
There are currently 43,299,885,509 XRP coins circulating out of a max supply of 100,000,000,000.
Buying/Selling XRP On Cryptocurrency Exchanges
XRP is trading on 100 markets. In the last 24 hours, XRP was most traded on Binance, Bitrue, and Bybit. The most traded XRP pairs in the last 24 hours are XRP/USDT, XRP/USD, and XRP/KRW.
XRP Historical Data
XRP Markets
# | Exchange | Market | Volume (24hr) | Price | Volume % |
---|---|---|---|---|---|
1 | ![]() | XRP/USDT 3 minutes ago | $511,750,830 511,708,901 USDT | $0.51343 | 45.09% |
2 | ![]() | XRP/USDT 3 minutes ago | $303,984,347 303,959,441 USDT | $0.51263 | 26.78% |
3 | ![]() | XRP/USDT 3 minutes ago | $255,900,782 255,890,109 USDT | $0.51343 | 22.55% |
4 | ![]() | XRP/USDT 3 minutes ago | $243,961,456 243,951,280 USDT | $0.51344 | 21.49% |
5 | ![]() | XRP/USDT 3 minutes ago | $198,352,757 198,344,483 USDT | $0.51353 | 17.48% |
6 | ![]() | XRP/USDT 3 minutes ago | $163,618,873 163,612,048 USDT | $0.51366 | 14.42% |
7 | ![]() | XRP/USDT 4 minutes ago | $161,359,903 161,353,173 USDT | $0.51376 | 14.22% |
8 | ![]() | XRP/USDT 4 minutes ago | $161,211,146 161,204,422 USDT | $0.51386 | 14.2% |
9 | ![]() | XRP/USDT 4 minutes ago | $150,917,295 150,911,000 USDT | $0.51366 | 13.3% |
10 | ![]() | XRP/USDT 3 minutes ago | $144,531,491 144,519,649 USDT | $0.51366 | 12.73% |
11 | ![]() | XRP/USDT 3 minutes ago | $126,235,829 126,230,564 USDT | $0.51349 | 11.12% |
12 | ![]() | XRP/USDT 3 minutes ago | $117,684,465 117,674,822 USDT | $0.51343 | 10.37% |
13 | ![]() | XRP/USDT 3 minutes ago | $106,078,906 106,070,215 USDT | $0.51368 | 9.35% |
14 | ![]() | XRP/USDT 3 minutes ago | $90,511,904 90,508,129 USDT | $0.51354 | 7.97% |
15 | ![]() | XRP/USDT 3 minutes ago | $85,600,798 85,597,227 USDT | $0.51294 | 7.54% |
16 | ![]() | XRP/USD 3 minutes ago | $81,504,481 81,504,481 USD | $0.5135 | 7.18% |
17 | ![]() | XRP/KRW 4 minutes ago | $64,716,385 88,114,025,655 KRW | $0.51733 | 5.7% |
18 | ![]() | XRP/USDT 3 minutes ago | $62,079,492 62,076,903 USDT | $0.51334 | 5.47% |
19 | ![]() | XRP/USD 3 minutes ago | $62,000,770 62,000,770 USD | $0.5135 | 5.46% |
20 | ![]() | XRP/USDT 3 minutes ago | $60,894,040 60,889,050 USDT | $0.51343 | 5.36% |
21 | ![]() | XRP/USDT 3 minutes ago | $60,427,118 60,424,597 USDT | $0.51343 | 5.32% |
22 | ![]() | XRP/USDT 3 minutes ago | $58,702,367 58,697,558 USDT | $0.51325 | 5.17% |
23 | ![]() | XRP/USDT 3 minutes ago | $57,496,978 57,494,580 USDT | $0.51344 | 5.07% |
24 | ![]() | XRP/USDT 3 minutes ago | $56,009,773 56,007,437 USDT | $0.51374 | 4.93% |
25 | ![]() | XRP/USDT 3 minutes ago | $55,881,889 55,877,310 USDT | $0.51353 | 4.92% |
26 | ![]() | XRP/BTC 5 hours ago | $54,824,281 1,989 BTC | $0.52727 | 4.83% |
27 | ![]() | XRP/USDT 4 minutes ago | $44,482,106 44,478,462 USDT | $0.51367 | 3.92% |
28 | ![]() | XRP/USD 3 minutes ago | $44,211,308 44,211,308 USD | $0.51377 | 3.9% |
29 | ![]() | XRP/USDT 5 hours ago | $39,207,390 39,202,188 USDT | $0.51846 | 3.45% |
30 | ![]() | XRP/USDT 3 minutes ago | $38,918,688 38,917,065 USDT | $0.51349 | 3.43% |
31 | ![]() | XRP/USDT 4 minutes ago | $35,491,398 35,489,918 USDT | $0.51366 | 3.13% |
32 | ![]() | XRP/BNB 5 hours ago | $31,249,505 145,655 BNB | $0.51424 | 2.75% |
33 | ![]() | XRP/USDT 3 minutes ago | $30,801,581 30,799,058 USDT | $0.51353 | 2.71% |
34 | ![]() | XRP/USDT 4 minutes ago | $30,438,899 30,437,630 USDT | $0.51376 | 2.68% |
35 | ![]() | XRP/USDT 3 minutes ago | $29,013,756 29,011,379 USDT | $0.51345 | 2.56% |
36 | ![]() | XRP/USDT 4 minutes ago | $28,667,321 28,666,126 USDT | $0.51356 | 2.53% |
37 | ![]() | XRP/USDT 4 minutes ago | $27,265,906 27,264,769 USDT | $0.51365 | 2.4% |
38 | ![]() | XRP/USDT 4 minutes ago | $26,748,052 26,746,936 USDT | $0.51366 | 2.36% |
39 | ![]() | XRP/EUR 4 minutes ago | $23,918,913 22,859,711 EUR | $0.51417 | 2.11% |
40 | ![]() | XRP/USDT 4 minutes ago | $23,882,972 23,881,976 USDT | $0.51376 | 2.1% |
41 | ![]() | XRP/KRW 4 minutes ago | $23,425,202 31,894,293,829 KRW | $0.51696 | 2.06% |
42 | ![]() | XRP/USDT 4 minutes ago | $21,797,958 21,797,049 USDT | $0.51376 | 1.92% |
43 | ![]() | XRP/USDT 3 minutes ago | $20,871,670 20,870,800 USDT | $0.51379 | 1.84% |
44 | ![]() | XRP/USD 3 minutes ago | $20,442,317 20,442,317 USD | $0.51351 | 1.8% |
45 | ![]() | XRP/USD 4 minutes ago | $20,439,957 20,439,957 USD | $0.5135 | 1.8% |
46 | ![]() | XRP/BUSD 5 hours ago | $20,215,450 20,207,486 BUSD | $0.51803 | 1.78% |
47 | ![]() | XRP/USDT 4 minutes ago | $20,183,918 20,183,077 USDT | $0.51366 | 1.78% |
48 | ![]() | XRP/USD 3 minutes ago | $19,588,528 19,588,528 USD | $0.51327 | 1.73% |
49 | ![]() | XRP/USDC 4 minutes ago | $18,572,526 18,573,486 USDC | $0.51355 | 1.64% |
50 | ![]() | XRP/USDT 3 minutes ago | $16,977,589 16,976,881 USDT | $0.52804 | 1.5% |
51 | ![]() | XRP/USDC 5 hours ago | $16,262,586 16,263,766 USDC | $0.51744 | 1.43% |
52 | ![]() | XRP/USDT 4 minutes ago | $15,775,427 15,774,769 USDT | $0.51379 | 1.39% |
53 | ![]() | XRP/USDT 3 minutes ago | $15,758,482 15,757,825 USDT | $0.51343 | 1.39% |
54 | ![]() | XRP/USDT 4 minutes ago | $14,908,931 14,908,309 USDT | $0.51386 | 1.31% |
55 | ![]() | XRP/USDT 4 minutes ago | $13,850,949 13,850,371 USDT | $0.51361 | 1.22% |
56 | ![]() | XRP/USDT 4 minutes ago | $13,760,548 13,759,974 USDT | $0.51306 | 1.21% |
57 | ![]() | XRP/USDT 4 minutes ago | $13,268,904 13,268,351 USDT | $0.51368 | 1.17% |
58 | ![]() | XRP/USDT 3 minutes ago | $13,213,483 13,212,932 USDT | $0.51364 | 1.16% |
59 | ![]() | XRP/USDT 4 minutes ago | $12,757,827 12,757,295 USDT | $0.51376 | 1.12% |
60 | ![]() | XRP/USDT 3 minutes ago | $12,648,932 12,647,896 USDT | $0.51333 | 1.11% |
61 | ![]() | XRP/USDT 4 minutes ago | $11,791,556 11,791,065 USDT | $0.51369 | 1.04% |
62 | ![]() | XRP/BUSD 3 minutes ago | $11,783,612 11,783,827 BUSD | $0.51329 | 1.04% |
63 | ![]() | XRP/USD 3 minutes ago | $11,003,550 11,003,550 USD | $0.51369 | 0.97% |
64 | ![]() | XRP/USD 3 minutes ago | $10,553,910 10,553,910 USD | $0.51327 | 0.93% |
65 | ![]() | XRP/USDT 4 minutes ago | $10,092,462 10,092,042 USDT | $0.51386 | 0.89% |
66 | ![]() | XRP/USDT 4 minutes ago | $9,257,385 9,256,998 USDT | $0.51356 | 0.82% |
67 | ![]() | XRP/USDT 4 minutes ago | $9,139,451 9,139,070 USDT | $0.51374 | 0.81% |
68 | ![]() | XRP/USDT 4 minutes ago | $9,016,759 9,016,020 USDT | $0.51364 | 0.79% |
69 | ![]() | XRP/USDT 4 minutes ago | $8,883,584 8,883,214 USDT | $0.51366 | 0.78% |
70 | ![]() | XRP/USDT 4 minutes ago | $8,840,462 8,840,094 USDT | $0.51363 | 0.78% |
71 | ![]() | XRP/MXN 4 minutes ago | $8,555,377 151,704,535 MXN | $0.51537 | 0.75% |
72 | ![]() | XRP/USD 3 minutes ago | $8,528,871 8,528,871 USD | $0.5142 | 0.75% |
73 | ![]() | XRP/BTC 4 minutes ago | $8,525,107 309 BTC | $0.51391 | 0.75% |
74 | ![]() | XRP/USD 4 minutes ago | $8,324,339 8,324,339 USD | $0.51358 | 0.73% |
75 | ![]() | XRP/USDT 4 minutes ago | $8,003,029 8,002,695 USDT | $0.51386 | 0.71% |
76 | ![]() | XRP/USDT 4 minutes ago | $7,216,937 7,216,635 USDT | $0.51366 | 0.64% |
77 | ![]() | XRP/USDT 4 minutes ago | $7,114,603 7,114,306 USDT | $0.51396 | 0.63% |
78 | ![]() | XRP/USD 4 minutes ago | $7,102,745 7,102,745 USD | $0.51283 | 0.63% |
79 | ![]() | XRP/USDC 4 minutes ago | $6,884,659 6,885,015 USDC | $0.51375 | 0.61% |
80 | ![]() | XRP/USDT 3 minutes ago | $6,852,162 6,851,601 USDT | $0.51333 | 0.6% |
81 | ![]() | XRP/BTC 4 minutes ago | $6,738,974 244 BTC | $0.51363 | 0.59% |
82 | ![]() | XRP/USDT 3 minutes ago | $6,533,040 6,532,768 USDT | $0.51364 | 0.58% |
83 | ![]() | XRP/KRW 4 minutes ago | $6,485,466 8,830,206,315 KRW | $0.51718 | 0.57% |
84 | ![]() | XRP/USD 3 minutes ago | $6,207,440 6,207,440 USD | $0.51335 | 0.55% |
85 | ![]() | XRP/USDT 4 minutes ago | $6,036,576 6,036,324 USDT | $0.51466 | 0.53% |
86 | ![]() | XRP/USDT 4 minutes ago | $5,937,109 5,936,862 USDT | $0.51383 | 0.52% |
87 | ![]() | XRP/USDT 4 minutes ago | $5,932,221 5,931,973 USDT | $0.51371 | 0.52% |
88 | ![]() | XRP/USDT 4 minutes ago | $5,932,221 5,931,973 USDT | $0.51371 | 0.52% |
89 | ![]() | XRP/USDT 3 minutes ago | $5,774,655 5,774,182 USDT | $0.51325 | 0.51% |
90 | ![]() | XRP/USD 4 minutes ago | $5,551,641 5,551,641 USD | $0.51337 | 0.49% |
91 | ![]() | XRP/USDT 3 minutes ago | $5,117,303 5,117,089 USDT | $0.51344 | 0.45% |
92 | ![]() | XRP/BUSD 4 minutes ago | $5,067,768 5,067,641 BUSD | $0.51369 | 0.45% |
93 | ![]() | XRP/USD 3 minutes ago | $4,784,440 4,784,440 USD | $0.51275 | 0.42% |
94 | ![]() | XRP/USD 4 minutes ago | $4,706,874 4,706,874 USD | $0.51351 | 0.41% |
95 | ![]() | XRP/USDT 4 minutes ago | $4,546,928 4,546,739 USDT | $0.51399 | 0.4% |
96 | ![]() | XRP/USDT 4 minutes ago | $4,389,174 4,388,991 USDT | $0.51376 | 0.39% |
97 | ![]() | XRP/USDT 4 minutes ago | $4,303,460 4,303,281 USDT | $0.51376 | 0.38% |
98 | ![]() | XRP/USDT 4 minutes ago | $4,172,225 4,172,051 USDT | $0.51376 | 0.37% |
99 | ![]() | XRP/AUD 4 minutes ago | $3,904,311 6,172,240 AUD | $0.51643 | 0.34% |
100 | ![]() | XRP/USDT 4 minutes ago | $3,779,244 3,779,086 USDT | $0.51386 | 0.33% |