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 May 10, 2021, 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 675 markets. In the last 24 hours, XRP was most traded on Binance, Bybit, and Huobi Global. 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 2021?

XRP Markets

#ExchangeMarketVolume (24hr)
Price
Volume %
1BinanceXRP/USDT
5 minutes ago
$2,268,224,922
2,268,298,713 USDT
$1.59199.84%
2BybitXRP/USD
5 minutes ago
$1,446,037,638
1,446,037,638 USD
$1.60127.4%
3BinanceXRP/USDT
3 minutes ago
$1,119,164,261
1,119,322,536 USDT
$1.5998.6%
4UpbitXRP/KRW
3 minutes ago
$1,005,042,591
1,121,529,245,651 KRW
$1.7488.55%
5RightBTCXRP/USDT
6 minutes ago
$912,054,975
912,183,960 USDT
$1.5980.36%
6ZG.comXRP/USDT
6 minutes ago
$705,535,295
705,558,248 USDT
$1.5962.16%
7CoinTigerXRP/USDT
5 minutes ago
$659,443,266
659,464,719 USDT
$1.5958.1%
8BinanceXRP/USD
5 minutes ago
$625,494,660
625,494,660 USD
$1.6055.11%
9BitrueXRP/USDT
6 minutes ago
$590,399,690
590,483,186 USDT
$1.5952.02%
10BingbonXRP/USDT
5 minutes ago
$503,967,773
503,984,168 USDT
$1.5944.4%
11FTXXRP/USD
6 minutes ago
$434,840,968
434,840,968 USD
$1.5938.31%
12Huobi GlobalXRP/USD
5 minutes ago
$426,316,700
426,316,700 USD
$1.5937.56%
13Huobi GlobalXRP/USD
5 minutes ago
$409,870,540
409,870,540 USD
$1.6036.11%
14Huobi GlobalXRP/USDT
3 minutes ago
$383,266,441
383,320,644 USDT
$1.5933.77%
15Binance JEXXRP/USDT
6 minutes ago
$381,140,128
381,152,527 USDT
$1.5933.58%
16Hotcoin GlobalXRP/USDT
6 minutes ago
$340,249,117
340,260,186 USDT
$1.5929.98%
17BithumbXRP/KRW
3 minutes ago
$252,405,104
281,659,412,780 KRW
$1.7322.24%
18BinanceXRP/BTC
3 minutes ago
$235,762,007
4,045 BTC
$1.5920.77%
19RightBTCXRP/BTC
6 minutes ago
$226,266,187
3,883 BTC
$1.5919.93%
20CoinHeXRP/BTC
6 minutes ago
$224,400,890
3,852 BTC
$1.5919.77%
21OKExXRP/USDT
5 minutes ago
$223,909,975
223,941,573 USDT
$1.5919.73%
22VCC ExchangeXRP/USDT
6 minutes ago
$200,709,398
200,715,928 USDT
$1.5917.68%
23BitgetXRP/USDT
5 minutes ago
$190,869,044
190,875,253 USDT
$1.5916.82%
24BitrueADA/XRP
6 minutes ago
$182,510,865
102,530,398 ADA
$1.5916.08%
25CoinHeXRP/USDT
6 minutes ago
$156,233,375
156,238,458 USDT
$1.5913.76%
26IDCMXRP/USDT
4 months ago
$153,262,103
153,283,778 USDT
$0.2934713.5%
27ZB.COMXRP/USDT
6 minutes ago
$151,381,393
151,402,802 USDT
$1.5913.34%
28BitZXRP/USDT
5 minutes ago
$146,111,581
146,116,334 USDT
$1.5912.87%
29OKExXRP/USDT
5 minutes ago
$144,507,056
144,511,757 USDT
$1.5912.73%
30BiKiXRP/USDT
6 minutes ago
$137,463,710
137,468,182 USDT
$1.5912.11%
31OKExXRP/USDT
3 minutes ago
$131,807,328
131,825,968 USDT
$1.5911.61%
32BitZXRP/USDT
6 minutes ago
$129,093,081
129,111,337 USDT
$1.5911.37%
33DigiFinexXRP/USDT
6 minutes ago
$125,103,360
125,121,052 USDT
$1.5911.02%
34OKExXRP/USD
5 minutes ago
$119,805,130
119,805,130 USD
$1.5910.56%
35CoinbitXRP/KRW
6 minutes ago
$110,231,020
123,007,038,504 KRW
$1.749.71%
36BiconomyXRP/USDT
6 minutes ago
$108,385,021
108,388,547 USDT
$1.599.55%
37BinanceXRP/BUSD
4 minutes ago
$108,786,607
108,792,280 BUSD
$1.599.58%
38BitexenXRP/TRY
6 minutes ago
$105,268,933
870,388,386 TRY
$1.609.27%
39LOExXRP/USDT
6 minutes ago
$102,855,236
102,858,582 USDT
$1.599.06%
40CoinTigerXRP/USDT
5 minutes ago
$102,972,489
102,987,052 USDT
$1.599.07%
41CoinoneXRP/KRW
3 minutes ago
$101,148,787
112,872,154,139 KRW
$1.738.91%
42BitMEXXRP/USD
5 minutes ago
$93,616,076
93,616,076 USD
$1.608.25%
43DeepcoinXRP/USDT
6 minutes ago
$94,012,132
94,015,191 USDT
$1.598.28%
44CoinBeneXRP/USDT
6 minutes ago
$91,236,568
91,249,471 USDT
$1.598.04%
45BitstampXRP/USD
3 minutes ago
$88,452,552
88,452,552 USD
$1.597.79%
46KuCoinXRP/USDT
3 minutes ago
$87,114,819
87,127,139 USDT
$1.597.68%
47WBF ExchangeXRP/USDT
6 minutes ago
$82,939,947
82,942,646 USDT
$1.627.31%
48BitbankXRP/JPY
6 minutes ago
$82,362,461
8,972,154,706 JPY
$1.597.26%
49EXXXRP/USDT
6 minutes ago
$80,788,507
80,799,932 USDT
$1.597.12%
50Gate.ioXRP/USDT
3 minutes ago
$77,618,729
77,629,706 USDT
$1.596.84%
51OKExXRP/USD
5 minutes ago
$68,501,380
68,501,380 USD
$1.596.04%
52AOFEXXRP/USDT
6 minutes ago
$62,537,220
62,539,255 USDT
$1.595.51%
53BKEXXRP/USDT
6 minutes ago
$62,166,368
62,175,160 USDT
$1.595.48%
54HitBTCXRP/USDT
6 minutes ago
$59,822,582
59,831,042 USDT
$1.595.27%
55Bitcoin.com ExchangeXRP/USDT
6 minutes ago
$59,829,096
59,831,042 USDT
$1.595.27%
56Changelly PROXRP/USDT
6 minutes ago
$59,829,096
59,831,042 USDT
$1.595.27%
57BiONEXRP/USDT
6 minutes ago
$59,993,302
59,995,254 USDT
$1.595.29%
58BtcTurk | ProXRP/TRY
3 minutes ago
$57,017,193
471,373,852 TRY
$1.605.02%
59BTC-AlphaXRP/USDT
6 minutes ago
$55,900,333
55,902,152 USDT
$1.594.93%
60BitfinexXRP/USD
3 minutes ago
$56,283,510
56,283,510 USD
$1.594.96%
61BitrueLTC/XRP
6 minutes ago
$55,509,681
140,227 LTC
$1.594.89%
62Bitcoin.com ExchangeXRP/BTC
6 minutes ago
$55,215,196
948 BTC
$1.594.86%
63Changelly PROXRP/BTC
6 minutes ago
$55,215,196
948 BTC
$1.594.86%
64HitBTCXRP/BTC
6 minutes ago
$55,236,321
948 BTC
$1.594.87%
65BigONEXRP/USDT
6 minutes ago
$54,501,136
54,508,844 USDT
$1.594.8%
66ZB.COMXRP/QC
6 minutes ago
$54,518,380
356,344,009 QC
$1.594.8%
67BinanceXRP/EUR
4 minutes ago
$54,916,876
45,215,809 EUR
$1.594.84%
68BitrueXRP/BTC
6 minutes ago
$52,604,071
903 BTC
$1.594.63%
69BBXXRP/USDT
6 minutes ago
$51,613,154
51,620,453 USDT
$1.594.55%
70VCC ExchangeXRP/BTC
6 minutes ago
$48,877,882
839 BTC
$1.594.31%
71BitMartXRP/USDT
6 minutes ago
$44,333,638
44,339,908 USDT
$1.573.91%
72DcoinXRP/USDT
6 minutes ago
$44,339,928
44,346,199 USDT
$1.593.91%
73ProBit ExchangeXRP/KRW
6 minutes ago
$43,561,048
48,609,869,858 KRW
$1.733.84%
74WhiteBITXRP/USDT
6 minutes ago
$41,052,644
41,053,980 USDT
$1.593.62%
75PhemexXRP/USD
5 minutes ago
$40,869,956
40,869,956 USD
$1.603.6%
76FolgoryXRP/USDT
6 minutes ago
$40,808,718
40,810,046 USDT
$1.593.6%
77BinanceXRP/USD
5 minutes ago
$40,582,370
40,582,370 USD
$1.593.58%
78CoinBeneXRP/BTC
6 minutes ago
$38,273,152
657 BTC
$1.593.37%
79KrakenXRP/USD
3 minutes ago
$37,201,930
37,201,930 USD
$1.593.28%
80BitstampXRP/EUR
3 minutes ago
$37,844,645
31,153,069 EUR
$1.593.33%
81DigiFinexXRP/BTC
6 minutes ago
$37,658,611
646 BTC
$1.593.32%
82Hotcoin GlobalXRP/BTC
6 minutes ago
$36,637,679
629 BTC
$1.593.23%
83OKExXRP/BTC
3 minutes ago
$36,333,492
623 BTC
$1.593.2%
84HCoinXRP/USDT
6 minutes ago
$34,590,981
34,592,106 USDT
$1.593.05%
85BHEX (BlueHelix Exchange)XRP/USDT
6 minutes ago
$33,987,342
33,992,149 USDT
$1.592.99%
86BideskXRP/USDT
6 minutes ago
$33,991,043
33,992,149 USDT
$1.592.99%
87BitribeXRP/USDT
6 minutes ago
$33,991,043
33,992,149 USDT
$1.592.99%
88Xtheta GlobalXRP/USDT
6 minutes ago
$33,991,043
33,992,149 USDT
$1.592.99%
89Mexo ExchangeXRP/USDT
6 minutes ago
$33,991,043
33,992,149 USDT
$1.592.99%
90DsdaqXRP/USDT
6 minutes ago
$33,991,043
33,992,149 USDT
$1.592.99%
91BinanceXRP/TRY
4 minutes ago
$32,878,847
271,850,065 TRY
$1.612.9%
92KrakenXRP/EUR
3 minutes ago
$32,691,790
26,911,325 EUR
$1.592.88%
93AOFEXXRP/ETH
6 minutes ago
$31,886,138
7,810 ETH
$1.592.81%
94BitWellXRP/USDT
6 minutes ago
$31,788,786
31,789,820 USDT
$1.592.8%
95BitvastXRP/BTC
6 minutes ago
$30,742,165
528 BTC
$1.592.71%
96AOFEXXRP/BTC
6 minutes ago
$30,834,445
529 BTC
$1.592.72%
97BigONEXRP/BTC
6 minutes ago
$30,723,735
527 BTC
$1.592.71%
98BinanceXRP/BNB
3 minutes ago
$30,300,421
44,824 BNB
$1.592.67%
99XTXRP/USDT
6 minutes ago
$29,050,635
29,051,580 USDT
$1.592.56%
100FolgoryXRP/BTC
6 minutes ago
$28,195,356
484 BTC
$1.592.48%
575 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%