XRP

XRP Price

(XRP)
$0.22464 (-0.41%)
Rank #3
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 #3 largest cryptocurrency by market cap as of April 03, 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 505 markets. In the last 24 hours, XRP was most traded on MXC, IDCM, and BKEX. 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 %
1MXCXRP/USDT
3 minutes ago
$198,428,924
198,214,405 USDT
$0.1783917.48%
2IDCMXRP/BTC
3 minutes ago
$109,238,021
16,255 BTC
$0.177889.62%
3BKEXXRP/USDT
3 minutes ago
$104,869,856
104,756,482 USDT
$0.178299.24%
4HCoinXRP/USDT
3 minutes ago
$90,559,046
90,461,144 USDT
$0.177947.98%
5FatbtcXRP/USDT
3 minutes ago
$87,689,617
87,594,817 USDT
$0.178497.73%
6LATOKENXRP/USDT
3 minutes ago
$81,126,238
81,038,533 USDT
$0.178047.15%
7BCEXXRP/USDT
3 minutes ago
$69,862,417
69,786,890 USDT
$0.18326.16%
8IDCMXRP/USDT
3 minutes ago
$67,278,191
67,205,457 USDT
$0.178045.93%
9EXXXRP/USDT
3 minutes ago
$56,911,367
56,849,841 USDT
$0.178495.01%
10LATOKENXRP/BTC
3 minutes ago
$55,754,594
8,297 BTC
$0.178424.91%
11HotbitXRP/USDT
3 minutes ago
$52,358,462
52,301,858 USDT
$0.178524.61%
12BKEXXRP/BTC
3 minutes ago
$52,308,362
7,784 BTC
$0.178354.61%
13VinDAXXRP/USDT
3 minutes ago
$52,288,919
52,232,390 USDT
$0.178534.61%
14BiKiXRP/USDT
3 minutes ago
$50,867,926
50,812,933 USDT
$0.178314.48%
15BybitXRP/USD
3 minutes ago
$50,859,471
50,859,471 USD
$0.17864.48%
16BigONEXRP/USDT
3 minutes ago
$49,332,204
49,278,872 USDT
$0.178334.35%
17CBXXRP/USDT
3 minutes ago
$49,332,110
49,278,778 USDT
$0.178334.35%
18SistemkoinXRP/TRY
3 minutes ago
$41,962,759
282,510,082 TRY
$0.177353.7%
19BitrueXRP/USDT
3 minutes ago
$33,328,727
33,292,696 USDT
$0.178322.94%
20BitZXRP/USDT
3 minutes ago
$32,993,679
32,958,009 USDT
$0.178492.91%
21DOBI ExchangeXRP/BTC
3 minutes ago
$32,128,153
4,781 BTC
$0.178352.83%
22BinanceXRP/USDT
3 minutes ago
$32,080,895
32,046,213 USDT
$0.178342.83%
23Cat.ExXRP/TRX
3 minutes ago
$30,557,750
2,576,963,650 TRX
$0.178432.69%
24DigiFinexXRP/USDT
3 minutes ago
$30,179,521
30,146,895 USDT
$0.178392.66%
25BitstampXRP/USD
4 minutes ago
$28,335,747
28,335,747 USD
$0.178212.5%
26ExratesXRP/USD
3 minutes ago
$27,182,393
27,182,393 USD
$0.178582.39%
27ExratesXRP/USDT
3 minutes ago
$26,737,451
26,708,545 USDT
$0.178432.36%
28BiboxXRP/USDT
3 minutes ago
$26,673,040
26,644,204 USDT
$0.178492.35%
29DOBI ExchangeXRP/USDT
3 minutes ago
$24,800,461
24,773,649 USDT
$0.178462.19%
30FatbtcXRP/BTC
3 minutes ago
$24,486,715
3,644 BTC
$0.176942.16%
31SistemkoinXRP/USDT
3 minutes ago
$24,035,201
24,009,217 USDT
$0.181592.12%
32CoinBeneXRP/USDT
3 minutes ago
$20,649,983
20,627,658 USDT
$0.178331.82%
33Bitcoin.comXRP/USDT
3 minutes ago
$20,415,906
20,393,835 USDT
$0.178381.8%
34HitBTCXRP/USDT
4 minutes ago
$20,362,638
20,340,624 USDT
$0.178441.79%
35BinanceXRP/USDT
3 minutes ago
$19,286,781
19,265,930 USDT
$0.178391.7%
36Huobi GlobalXRP/USDT
3 minutes ago
$16,534,433
16,516,557 USDT
$0.178461.46%
37Binance JEXXRP/USDT
3 minutes ago
$16,534,433
16,516,557 USDT
$0.178461.46%
38LBankXRP/USDT
3 minutes ago
$16,178,564
16,161,073 USDT
$0.178731.43%
39ZB.COMXRP/USDT
3 minutes ago
$13,842,321
13,827,356 USDT
$0.178491.22%
40EcxxXRP/USDT
13 hours ago
$13,704,453
13,689,637 USDT
$0.180681.21%
41ZB.COMXRP/QC
3 minutes ago
$13,242,083
95,885,669 QC
$0.178371.17%
42OKExXRP/USDT
2 days ago
$13,134,141
13,147,100 USDT
$0.169231.16%
43BitMEXXRP/USD
3 minutes ago
$12,071,121
12,071,121 USD
$0.17851.06%
44HotbitXRP/ETH
3 minutes ago
$11,930,879
84,516 ETH
$0.179371.05%
45BiboxXRP/BTC
3 minutes ago
$11,556,157
1,720 BTC
$0.178491.02%
46HooXRP/USDT
3 minutes ago
$10,777,850
10,766,198 USDT
$0.178750.95%
47BHEXXRP/BTC
3 minutes ago
$10,434,868
1,553 BTC
$0.178550.92%
48BinanceXRP/BTC
3 minutes ago
$10,015,273
1,490 BTC
$0.178350.88%
49CoinEggXRP/USDT
3 minutes ago
$9,715,947
9,705,443 USDT
$0.179390.86%
50SistemkoinXRP/BTC
3 minutes ago
$9,078,705
1,351 BTC
$0.177210.8%
51UpbitXRP/KRW
3 minutes ago
$8,773,566
10,849,435,904 KRW
$0.174670.77%
52BiboxXRP/ETH
3 minutes ago
$8,733,598
61,867 ETH
$0.178540.77%
53ExratesXRP/BTC
3 minutes ago
$8,658,574
1,288 BTC
$0.178490.76%
54BithumbXRP/KRW
3 minutes ago
$8,611,532
10,649,063,613 KRW
$0.174830.76%
55BitstampXRP/EUR
4 minutes ago
$8,421,690
7,794,737 EUR
$0.178630.74%
56BitsoXRP/MXN
3 minutes ago
$8,029,666
200,571,795 MXN
$0.177750.71%
57OKExXRP/USDT
3 minutes ago
$7,663,206
7,654,921 USDT
$0.178390.68%
58Bitcoin.comXRP/BTC
3 minutes ago
$7,571,607
1,127 BTC
$0.178340.67%
59HitBTCXRP/BTC
4 minutes ago
$7,570,917
1,127 BTC
$0.178390.67%
60BiKiXRP/BTC
3 minutes ago
$7,526,913
1,120 BTC
$0.178960.66%
61OKExXRP/USD
2 days ago
$7,340,170
7,340,170 USD
$0.16950.65%
62HotbitXRP/BTC
3 minutes ago
$7,295,594
1,086 BTC
$0.177610.64%
63CoinExXRP/USDT
3 minutes ago
$7,239,448
7,231,622 USDT
$0.178470.64%
64Coinbase ProXRP/USD
3 minutes ago
$7,200,226
7,200,226 USD
$0.17850.63%
65FolgoryXRP/BTC
3 minutes ago
$6,903,307
1,027 BTC
$0.177750.61%
66CoinBeneXRP/BTC
3 minutes ago
$6,489,747
966 BTC
$0.178350.57%
67CoinEggXRP/BTC
3 minutes ago
$6,259,597
931 BTC
$0.179830.55%
68DigiFinexXRP/BTC
3 minutes ago
$5,957,100
886 BTC
$0.178350.52%
69BitbankXRP/JPY
3 minutes ago
$5,202,580
564,641,072 JPY
$0.178840.46%
70DragonEXXRP/USDT
3 minutes ago
$5,176,414
5,170,818 USDT
$0.178390.46%
71OKExXRP/BTC
3 minutes ago
$5,155,143
767 BTC
$0.178350.45%
72DcoinXRP/USDT
3 minutes ago
$5,098,336
5,092,825 USDT
$0.178330.45%
73SistemkoinXRP/ETH
3 minutes ago
$4,659,888
33,010 ETH
$0.177010.41%
74BHEXXRP/ETH
3 minutes ago
$4,647,107
32,923 ETH
$0.178830.41%
75SistemkoinXRP/USD
3 minutes ago
$4,518,953
4,518,953 USD
$0.181390.4%
76CoinlimXRP/USDT
3 minutes ago
$4,301,992
4,297,342 USDT
$0.178340.38%
77BitrueXRP/BTC
3 minutes ago
$3,996,140
595 BTC
$0.178690.35%
78CoinExXRP/BTC
3 minutes ago
$3,846,262
572 BTC
$0.178490.34%
79FolgoryXRP/USDT
3 minutes ago
$3,700,565
3,696,565 USDT
$0.178230.33%
80CoinFieldXRP/USD
3 minutes ago
$3,664,313
3,664,313 USD
$0.17860.32%
81CoinTigerXRP/USDT
3 minutes ago
$3,655,567
3,651,615 USDT
$0.178340.32%
82BHEXXRP/USDT
3 minutes ago
$3,467,246
3,463,497 USDT
$0.178420.31%
83Huobi GlobalXRP/BTC
3 minutes ago
$3,291,616
490 BTC
$0.178350.29%
84LBankXRP/ETH
3 minutes ago
$3,251,785
23,037 ETH
$0.177340.29%
85BTC MarketsXRP/AUD
3 minutes ago
$3,076,913
5,131,952 AUD
$0.178790.27%
86LBankXRP/BTC
3 minutes ago
$2,913,550
434 BTC
$0.177680.26%
87BitForexXRP/BTC
3 minutes ago
$2,889,061
430 BTC
$0.178350.25%
88OKExXRP/ETH
3 minutes ago
$2,882,180
20,417 ETH
$0.178580.25%
89EcxxXRP/BTC
13 hours ago
$2,738,550
408 BTC
$0.1760.24%
90CoinoneXRP/KRW
3 minutes ago
$2,563,999
3,170,654,432 KRW
$0.174670.23%
91FTXXRP/USD
3 minutes ago
$2,560,381
2,560,381 USD
$0.178220.23%
92KrakenXRP/EUR
3 minutes ago
$2,489,911
2,304,550 EUR
$0.178680.22%
93ABCCXRP/USDT
3 minutes ago
$2,366,014
2,363,456 USDT
$0.178230.21%
94ParitexXRP/TRY
3 minutes ago
$2,311,717
15,563,402 TRY
$0.177650.2%
95TOKOKXRP/USDT
3 minutes ago
$2,279,871
2,277,406 USDT
$0.178390.2%
96BitrueXRP/ETH
3 minutes ago
$2,187,209
15,494 ETH
$0.178860.19%
97SistemkoinXRP/EUR
3 minutes ago
$2,174,436
2,012,560 EUR
$0.181540.19%
98ZBGXRP/USDT
3 minutes ago
$2,114,655
2,112,369 USDT
$0.177390.19%
99BitfinexXRP/USD
3 minutes ago
$2,104,124
2,104,124 USD
$0.178640.19%
100DigiFinexXRP/ETH
3 minutes ago
$2,058,930
14,585 ETH
$0.178580.18%
405 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%