XRP

XRP Price

(XRP)
$0.22464 (-0.41%)
Rank #6
Market Cap$9,726,956,453 USD
24h Volume$1,135,031,895 USD (0.88%)
Circulating Supply43,299,885,509 XRP
Total Supply99,991,280,558 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 #6 largest cryptocurrency by market cap as of October 05, 2022, 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 638 markets. In the last 24 hours, XRP was most traded on Binance, BTCEX, and Deepcoin. The most traded XRP pairs in the last 24 hours are XRP/USDT, XRP/USD, and XRP/KRW.

How To Buy Ripple (XRP): Where To Buy Ripple In 2022?

XRP Markets

#ExchangeMarketVolume (24hr)
Price
Volume %
1BinanceXRP/USDT
10 minutes ago
$1,892,282,797
1,892,061,755 USDT
$0.48806166.72%
2BTCEXXRP/USDT
3 minutes ago
$1,760,984,059
1,760,733,506 USDT
$0.48737155.15%
3DeepcoinXRP/USDT
7 minutes ago
$1,440,056,228
1,439,909,053 USDT
$0.48775126.87%
4BitrueXRP/USDT
7 minutes ago
$638,336,057
638,270,819 USDT
$0.4873556.24%
5CoinTigerXRP/USDT
7 minutes ago
$568,677,526
568,619,406 USDT
$0.4876550.1%
6BybitXRP/USDT
5 minutes ago
$542,379,544
542,311,259 USDT
$0.4878647.79%
7PhemexXRP/USD
10 minutes ago
$519,682,709
519,682,709 USD
$0.488145.79%
8BinanceXRP/USDT
6 minutes ago
$274,466,116
274,431,561 USDT
$0.4881624.18%
9UpbitXRP/KRW
3 minutes ago
$254,258,130
361,179,216,345 KRW
$0.4900322.4%
10OKXXRP/USDT
10 minutes ago
$241,571,930
241,543,711 USDT
$0.4884521.28%
11KuCoinXRP/USDT
7 minutes ago
$221,329,111
221,306,491 USDT
$0.4839519.5%
12BinanceXRP/BUSD
3 minutes ago
$216,083,659
216,155,238 BUSD
$0.487519.04%
13FTXXRP/USD
10 minutes ago
$205,349,532
205,349,532 USD
$0.4884718.09%
14DigiFinexXRP/USDT
8 minutes ago
$172,295,487
172,278,400 USDT
$0.4884415.18%
15BingXXRP/USDT
7 minutes ago
$169,133,195
169,115,909 USDT
$0.4880514.9%
16DeepcoinXRP/USDT
11 minutes ago
$163,182,906
163,160,266 USDT
$0.4885714.38%
17XT.COMXRP/USDT
7 minutes ago
$135,778,106
135,764,229 USDT
$0.4844511.96%
18BitgetXRP/USDT
7 minutes ago
$123,890,548
123,877,887 USDT
$0.4875510.92%
19XT.COMXRP/USD
3 minutes ago
$106,218,910
106,218,910 USD
$0.484319.36%
20BTCCXRP/USDT
4 minutes ago
$103,448,017
103,421,231 USDT
$0.488099.11%
21BinanceXRP/USD
7 minutes ago
$100,620,830
100,620,830 USD
$0.48758.87%
22BybitXRP/USDT
3 minutes ago
$100,271,229
100,256,962 USDT
$0.487668.83%
23MEXCXRP/USDT
7 minutes ago
$103,264,245
103,253,691 USDT
$0.487659.1%
24BiboxXRP/USDT
9 minutes ago
$92,177,385
92,167,111 USDT
$0.479888.12%
25BybitXRP/USD
10 minutes ago
$89,386,409
89,386,409 USD
$0.488227.88%
26BinanceXRP/BUSD
11 minutes ago
$78,113,654
78,119,641 BUSD
$0.489016.88%
27KuCoinXRP/USDT
7 minutes ago
$73,247,291
73,239,805 USDT
$0.487836.45%
28BigONEXRP/USDT
7 minutes ago
$65,300,078
65,293,405 USDT
$0.487915.75%
29FTXXRP/USD
6 minutes ago
$63,588,130
63,588,130 USD
$0.488155.6%
30Changelly PROXRP/USDT
18 minutes ago
$59,781,492
59,775,678 USDT
$0.490145.27%
31HitBTCXRP/USDT
9 minutes ago
$59,938,160
59,931,479 USDT
$0.488695.28%
32FMFW.ioXRP/USDT
4 minutes ago
$60,852,638
60,845,094 USDT
$0.487715.36%
33Huobi GlobalXRP/USDT
6 minutes ago
$56,523,082
56,515,966 USDT
$0.48754.98%
34OKXXRP/USDT
7 minutes ago
$54,879,782
54,874,173 USDT
$0.487994.84%
35BitCokeXRP/USD
10 minutes ago
$49,435,528
49,435,528 USD
$0.488124.36%
36BKEXXRP/USDT
9 minutes ago
$46,150,607
46,145,463 USDT
$0.488074.07%
37XT.COMXRP/USDT
3 minutes ago
$43,805,308
43,799,076 USDT
$0.487663.86%
38BithumbXRP/KRW
14 minutes ago
$43,004,688
61,070,356,853 KRW
$0.492993.79%
39BTCCXRP/USDT
7 minutes ago
$41,017,195
41,013,003 USDT
$0.488053.61%
40DeepcoinXRP/USD
7 minutes ago
$40,306,378
40,306,378 USD
$0.487753.55%
41BingXXRP/USDT
11 minutes ago
$38,295,308
38,289,995 USDT
$0.488673.37%
42AAXXRP/USDT
3 minutes ago
$38,027,800
38,022,390 USDT
$0.4883.35%
43Mexo ExchangeXRP/USDT
7 minutes ago
$36,977,507
36,973,728 USDT
$0.487863.26%
44OKXXRP/USDT
4 minutes ago
$36,431,958
36,427,441 USDT
$0.488093.21%
45CoinTigerXRP/USDT
9 minutes ago
$35,551,354
35,547,391 USDT
$0.488153.13%
46AAXXRP/USDT
9 minutes ago
$32,934,818
32,931,147 USDT
$0.488572.9%
47BitCokeXRP/USDT
9 minutes ago
$32,922,203
32,918,533 USDT
$0.488152.9%
48CoinoneXRP/KRW
8 minutes ago
$32,563,606
46,253,587,715 KRW
$0.491582.87%
49DigiFinexXRP/USDT
8 minutes ago
$32,133,959
32,130,772 USDT
$0.488242.83%
50OKXXRP/USD
4 minutes ago
$29,969,840
29,969,840 USD
$0.488092.64%
51BitstampXRP/USD
3 minutes ago
$27,865,333
27,865,333 USD
$0.486552.46%
52Gate.ioXRP/USDT
7 minutes ago
$26,075,275
26,072,610 USDT
$0.487652.3%
53BitrueXRP/USDT
4 minutes ago
$25,203,086
25,199,962 USDT
$0.487662.22%
54BinanceXRP/BTC
5 minutes ago
$25,271,965
1,264 BTC
$0.488972.23%
55Gate.ioXRP/USDT
14 minutes ago
$23,955,562
23,952,717 USDT
$0.488892.11%
56IndoExXRP/USDT
11 minutes ago
$23,447,025
23,443,772 USDT
$0.489572.07%
57ZOOMEXXRP/USDT
9 minutes ago
$22,436,311
22,433,810 USDT
$0.487851.98%
58OKXXRP/USD
10 minutes ago
$23,010,930
23,010,930 USD
$0.488242.03%
59DcoinXRP/USDT
5 minutes ago
$22,584,314
22,581,515 USDT
$0.488021.99%
60BitstampXRP/EUR
3 minutes ago
$21,252,272
21,547,721 EUR
$0.490191.87%
61TapbitXRP/USDT
5 minutes ago
$20,759,758
20,757,144 USDT
$0.487961.83%
62PhemexXRP/USDT
3 minutes ago
$20,222,041
20,219,164 USDT
$0.487591.78%
63MEXCXRP/USDT
4 minutes ago
$19,500,041
19,497,623 USDT
$0.487671.72%
64WhiteBITXRP/USDT
8 minutes ago
$18,886,056
18,884,183 USDT
$0.488151.66%
65BitsoXRP/MXN
8 minutes ago
$18,844,693
378,962,059 MXN
$0.489151.66%
66LATOKENXRP/USDT
9 minutes ago
$18,197,944
18,195,916 USDT
$0.488431.6%
67CoinWXRP/USDT
7 minutes ago
$18,063,918
18,062,072 USDT
$0.487831.59%
68Kine ProtocolXRP/USD
5 minutes ago
$18,234,995
18,234,995 USD
$0.487871.61%
69BitvavoXRP/EUR
8 minutes ago
$17,439,341
17,676,742 EUR
$0.489511.54%
70BitbankXRP/JPY
5 minutes ago
$17,276,675
2,500,228,627 JPY
$0.487731.52%
71Huobi GlobalXRP/USDT
8 minutes ago
$17,208,812
17,207,106 USDT
$0.487851.52%
72CoinsbitXRP/USDT
7 minutes ago
$15,993,549
15,991,914 USDT
$0.487861.41%
73Bit.comXRP/USDT
16 minutes ago
$15,492,038
15,490,313 USDT
$0.489481.36%
74StormGainXRP/USDT
7 minutes ago
$13,541,260
13,539,876 USDT
$0.48871.19%
75IndoExXRP/BTC
11 minutes ago
$12,441,896
623 BTC
$0.489731.1%
76Independent ReserveXRP/USD
5 minutes ago
$11,954,070
11,954,070 USD
$0.487871.05%
77FelixoXRP/USDT
6 minutes ago
$12,001,469
11,999,958 USDT
$0.487061.06%
78BinanceXRP/TRY
11 minutes ago
$10,960,434
203,503,480 TRY
$0.493530.97%
79BitgetXRP/USDT
4 minutes ago
$9,923,386
9,922,156 USDT
$0.487510.87%
80BitMEXXRP/USD
10 minutes ago
$9,568,204
9,568,204 USD
$0.489490.84%
81CoinExXRP/USDT
16 minutes ago
$9,536,299
9,535,236 USDT
$0.490150.84%
82DcoinXRP/BTC
6 minutes ago
$9,393,279
470 BTC
$0.487750.83%
83Dex-TradeXRP/USDT
6 minutes ago
$9,294,777
9,293,607 USDT
$0.488060.82%
84BigONEXRP/BTC
7 minutes ago
$9,213,119
461 BTC
$0.487690.81%
85TapbitXRP/USDC
9 minutes ago
$8,753,523
8,753,233 USDC
$0.488070.77%
86FTXXRP/USDT
6 minutes ago
$8,638,924
8,637,837 USDT
$0.488040.76%
87Hotcoin GlobalXRP/USDT
8 minutes ago
$7,864,193
7,863,413 USDT
$0.488250.69%
88Dex-TradeXRP/BUSD
5 minutes ago
$7,830,667
7,825,579 BUSD
$0.487940.69%
89Currency.comXRP/USD
11 minutes ago
$7,694,115
7,694,115 USD
$0.487890.68%
90LBankXRP/USDT
5 minutes ago
$7,007,882
7,007,013 USDT
$0.487290.62%
91BitexenXRP/TRY
11 minutes ago
$6,962,570
129,285,170 TRY
$0.493650.61%
92BinanceXRP/EUR
11 minutes ago
$6,787,769
6,880,775 EUR
$0.49060.6%
93BTCEXXRP/USDT
8 minutes ago
$6,768,339
6,767,667 USDT
$0.488650.6%
94BinanceXRP/USD
4 minutes ago
$6,509,000
6,509,000 USD
$0.488090.57%
95MEXCXRP/USDC
6 minutes ago
$6,453,439
6,452,593 USDC
$0.487760.57%
96Huobi GlobalXRP/USD
4 minutes ago
$6,385,500
6,385,500 USD
$0.488090.56%
97Binance TRXRP/TRY
4 minutes ago
$6,263,855
116,325,430 TRY
$0.492510.55%
98Hotcoin GlobalXRP/USDC
3 minutes ago
$5,828,044
5,827,977 USDC
$0.487980.51%
99KuCoinXRP/USDC
7 minutes ago
$5,689,343
5,688,741 USDC
$0.487840.5%
100Huobi GlobalXRP/USD
7 minutes ago
$5,206,620
5,206,620 USD
$0.48840.46%
538 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%