XRP

XRP Price

(XRP)
$0.22464 (-0.41%)
Rank #4
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 #4 largest cryptocurrency by market cap as of September 23, 2020, 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 608 markets. In the last 24 hours, XRP was most traded on ZG.com, IDCM, and Sistemkoin. The most traded XRP pairs in the last 24 hours are XRP/USDT, XRP/BTC, and XRP/USD.

How To Buy Ripple (XRP): Where To Buy Ripple In 2020?

XRP Markets

#ExchangeMarketVolume (24hr)
Price
Volume %
1ZG.comXRP/USDT
4 minutes ago
$617,725,016
617,134,534 USDT
$0.2339254.42%
2IDCMXRP/USDT
4 minutes ago
$102,209,809
102,112,106 USDT
$0.234189.01%
3VinDAXXRP/USDT
4 minutes ago
$53,630,240
53,578,975 USDT
$0.234774.72%
4SistemkoinXRP/TRY
4 minutes ago
$39,623,409
304,880,934 TRY
$0.234063.49%
5HBTCXRP/USDT
4 minutes ago
$33,661,863
33,629,685 USDT
$0.234222.97%
6BitribeXRP/USDT
4 minutes ago
$33,654,812
33,622,641 USDT
$0.234222.97%
7ChilizXRP/USDT
4 minutes ago
$33,628,400
33,596,255 USDT
$0.234322.96%
8BideskXRP/USDT
4 minutes ago
$33,628,400
33,596,255 USDT
$0.234322.96%
9BinanceXRP/USDT
4 minutes ago
$31,563,449
31,533,277 USDT
$0.234122.78%
10EXXXRP/USDT
4 minutes ago
$30,791,614
30,762,180 USDT
$0.234322.71%
11ZBGXRP/USDT
4 minutes ago
$28,977,720
28,950,020 USDT
$0.234322.55%
12BybitXRP/USD
10 days ago
$26,974,903
26,974,903 USD
$0.24012.38%
13BinanceXRP/USDT
4 minutes ago
$24,071,418
24,048,408 USDT
$0.234382.12%
14Binance.KRXRP/USDT
4 minutes ago
$23,876,259
23,853,435 USDT
$0.234382.1%
15BKEXXRP/USDT
4 minutes ago
$19,072,217
19,053,986 USDT
$0.234321.68%
16PayBitoXRP/USDT
4 minutes ago
$15,404,793
15,390,068 USDT
$0.233621.36%
17RightBTCXRP/USDT
4 minutes ago
$14,697,491
14,683,442 USDT
$0.234271.29%
18BitrueXRP/USDT
4 minutes ago
$13,313,428
13,300,701 USDT
$0.234351.17%
19SistemkoinXRP/USDT
4 minutes ago
$11,551,939
11,540,897 USDT
$0.234451.02%
20BithumbXRP/KRW
4 minutes ago
$11,441,587
13,343,407,060 KRW
$0.234431.01%
21Bitcoin.com ExchangeXRP/USDT
4 minutes ago
$10,922,390
10,911,949 USDT
$0.234560.96%
22BitZXRP/USDT
4 minutes ago
$10,770,111
10,759,815 USDT
$0.234460.95%
23UpbitXRP/KRW
4 minutes ago
$10,305,290
12,018,235,440 KRW
$0.234090.91%
24Binance JEXXRP/USDT
4 minutes ago
$9,699,987
9,690,715 USDT
$0.234430.85%
25Huobi GlobalXRP/USDT
4 minutes ago
$9,699,927
9,690,655 USDT
$0.234520.85%
26DragonEXXRP/USDT
4 minutes ago
$9,411,401
9,402,405 USDT
$0.234520.83%
27BitstampXRP/USD
4 minutes ago
$9,100,554
9,100,554 USD
$0.234220.8%
28SistemkoinXRP/BTC
4 minutes ago
$8,470,098
806 BTC
$0.234320.75%
29Coinbase ProXRP/USD
4 minutes ago
$8,417,937
8,417,937 USD
$0.23440.74%
30SistemkoinXRP/ETH
4 minutes ago
$8,416,939
24,616 ETH
$0.234610.74%
31BitMEXXRP/USD
3 minutes ago
$7,899,189
7,899,189 USD
$0.23430.7%
32CBXXRP/USDT
4 minutes ago
$7,472,729
7,465,586 USDT
$0.234360.66%
33BigONEXRP/USDT
4 minutes ago
$7,469,149
7,462,009 USDT
$0.234250.66%
34BinanceXRP/BTC
4 minutes ago
$7,406,431
705 BTC
$0.234210.65%
35Binance.KRXRP/BTC
4 minutes ago
$7,363,150
700 BTC
$0.234210.65%
36BiboxXRP/USDT
4 minutes ago
$7,113,969
7,107,169 USDT
$0.234490.63%
37CoinlimXRP/USDT
4 minutes ago
$6,575,901
6,569,615 USDT
$0.234360.58%
38BitrueUNI/XRP
3 minutes ago
$6,273,624
1,307,625 UNI
$0.23430.55%
39FolgoryXRP/USDT
4 minutes ago
$6,248,064
6,242,091 USDT
$0.234350.55%
40TOKOKXRP/BTC
4 minutes ago
$5,757,103
548 BTC
$0.234320.51%
41PhemexXRP/USD
3 minutes ago
$5,586,972
5,586,972 USD
$0.23360.49%
42Cat.ExXRP/TRX
4 minutes ago
$5,411,982
209,324,564 TRX
$0.234320.48%
43CoinBeneXRP/BTC
4 minutes ago
$5,388,006
513 BTC
$0.234210.47%
44PhemexXRP/USDT
4 minutes ago
$5,372,240
5,367,105 USDT
$0.23420.47%
45TOKOKXRP/USDT
4 minutes ago
$5,283,107
5,278,056 USDT
$0.234420.47%
46PayBitoXRP/USD
4 minutes ago
$5,007,718
5,007,718 USD
$0.233180.44%
47ZBGXRP/USDT
4 minutes ago
$4,734,344
4,729,818 USDT
$0.234410.42%
48CoinBeneXRP/USDT
4 minutes ago
$4,695,445
4,690,956 USDT
$0.234460.41%
49FolgoryXRP/BTC
4 minutes ago
$4,278,207
407 BTC
$0.234420.38%
50VCC ExchangeXRP/USDT
4 minutes ago
$4,159,009
4,155,033 USDT
$0.234490.37%
51SistemkoinXRP/USD
4 minutes ago
$4,090,790
4,090,790 USD
$0.234390.36%
52ZB.COMXRP/USDT
4 minutes ago
$4,035,991
4,032,133 USDT
$0.234520.36%
53CBXXRP/BTC
4 minutes ago
$3,987,515
379 BTC
$0.234320.35%
54BigONEXRP/BTC
4 minutes ago
$3,985,723
379 BTC
$0.234210.35%
55FTXXRP/USD
4 minutes ago
$3,937,864
3,937,864 USD
$0.233950.35%
56BitbankXRP/JPY
4 minutes ago
$3,895,511
409,819,465 JPY
$0.234580.34%
57OKExXRP/USDT
2 months ago
$3,886,251
3,889,845 USDT
$0.193520.34%
58OKExXRP/USDT
4 minutes ago
$3,812,559
3,808,915 USDT
$0.234420.34%
59LBankXRP/USDT
4 minutes ago
$3,631,087
3,627,616 USDT
$0.234320.32%
60IndoExXRP/BTC
4 minutes ago
$3,578,266
340 BTC
$0.234110.32%
61BitstampXRP/BTC
4 minutes ago
$3,494,761
332 BTC
$0.234420.31%
62DigiFinexXRP/USDT
4 minutes ago
$3,439,648
3,436,360 USDT
$0.234620.3%
63BitrueLINK/XRP
4 minutes ago
$3,340,929
398,282 LINK
$0.23430.29%
64OmgfinXRP/BTC
4 minutes ago
$3,310,347
315 BTC
$0.234630.29%
65DcoinXRP/USDT
4 minutes ago
$3,184,227
3,181,183 USDT
$0.234460.28%
66BitrueUSDC/XRP
4 minutes ago
$3,127,666
3,125,944 USDC
$0.23430.28%
67IndoExXRP/ETH
4 minutes ago
$3,105,765
9,083 ETH
$0.234720.27%
68HooXRP/USDT
4 minutes ago
$2,954,760
2,951,936 USDT
$0.234090.26%
69Triv ProXRP/IDR
4 minutes ago
$2,891,013
43,005,837,708 IDR
$0.235420.25%
70CoinbitXRP/KRW
4 minutes ago
$2,825,249
3,294,862,380 KRW
$0.234090.25%
71HotbitXRP/USDT
4 minutes ago
$2,680,538
2,677,976 USDT
$0.234690.24%
72HBTCXRP/BTC
4 minutes ago
$2,679,787
255 BTC
$0.234740.24%
73BitribeXRP/BTC
4 minutes ago
$2,678,714
255 BTC
$0.233690.24%
74ChilizXRP/BTC
4 minutes ago
$2,678,542
255 BTC
$0.233690.24%
75BideskXRP/BTC
4 minutes ago
$2,678,542
255 BTC
$0.233690.24%
76IndoExXRP/USDT
4 minutes ago
$2,675,892
2,673,334 USDT
$0.23410.24%
77Huobi RussiaXRP/USDT
4 minutes ago
$2,672,659
2,670,104 USDT
$0.234520.24%
78CoinoneXRP/KRW
4 minutes ago
$2,578,861
3,007,519,426 KRW
$0.23460.23%
79KryptonoXRP/BTC
4 minutes ago
$2,466,578
235 BTC
$0.359410.22%
80BiboxXRP/ETH
4 minutes ago
$2,437,546
7,129 ETH
$0.23430.21%
81BitsoXRP/MXN
4 minutes ago
$2,422,653
53,219,336 MXN
$0.234350.21%
82BITEXLIVEXRP/BTC
4 minutes ago
$2,274,019
216 BTC
$0.234530.2%
83SistemkoinXRP/EUR
4 minutes ago
$2,224,618
1,903,085 EUR
$0.234380.2%
84BBXXRP/USDT
4 minutes ago
$2,171,902
2,169,826 USDT
$0.234520.19%
85BitstampXRP/EUR
4 minutes ago
$2,165,946
1,852,893 EUR
$0.234750.19%
86CoinHeXRP/BTC
4 minutes ago
$2,124,968
202 BTC
$0.234210.19%
87TOKOKXRP/ETH
4 minutes ago
$2,109,768
6,170 ETH
$0.234750.19%
88BitrueXRP/BTC
4 minutes ago
$2,093,130
199 BTC
$0.234210.18%
89KuCoinXRP/USDT
4 minutes ago
$2,055,380
2,053,415 USDT
$0.234490.18%
90BitrueADA/XRP
4 minutes ago
$2,008,815
24,520,991 ADA
$0.23430.18%
91BiboxXRP/BTC
4 minutes ago
$1,936,102
184 BTC
$0.234320.17%
92BitayXRP/TRY
4 minutes ago
$1,853,516
14,261,810 TRY
$0.235690.16%
93CoinEggXRP/USDT
4 minutes ago
$1,811,156
1,809,425 USDT
$0.234420.16%
94BKEXXRP/BTC
4 minutes ago
$1,575,333
150 BTC
$0.234210.14%
95ZB.COMXRP/QC
4 minutes ago
$1,539,851
10,442,592 QC
$0.23450.14%
96OmgfinXRP/USDT
4 minutes ago
$1,518,482
1,517,030 USDT
$0.234110.13%
97KrakenXRP/EUR
4 minutes ago
$1,518,270
1,298,828 EUR
$0.234560.13%
98ParitexXRP/USDT
4 minutes ago
$1,505,827
1,504,388 USDT
$0.234240.13%
99CoinHeXRP/USDT
4 minutes ago
$1,437,875
1,436,501 USDT
$0.234330.13%
100BitfinexXRP/USD
4 minutes ago
$1,416,088
1,416,088 USD
$0.234820.12%
508 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%