XRP

XRP Price

(XRP)
$0.22464 (-0.41%)
Rank #7
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 #7 largest cryptocurrency by market cap as of December 04, 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 621 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
6 minutes ago
$696,239,605
694,971,128 USDT
$0.8885261.34%
2BinanceXRP/USD
6 minutes ago
$323,631,350
323,631,350 USD
$0.890328.51%
3UpbitXRP/KRW
5 minutes ago
$315,070,002
373,161,033,699 KRW
$0.9456527.76%
4BybitXRP/USD
6 minutes ago
$311,717,639
311,717,639 USD
$0.888827.46%
5Mandala ExchangeXRP/USDT
6 minutes ago
$304,521,853
303,967,045 USDT
$0.8885226.83%
6BinanceXRP/USDT
5 minutes ago
$289,769,376
289,241,446 USDT
$0.8929325.53%
7CoinTigerXRP/USDT
6 minutes ago
$208,871,882
208,491,338 USDT
$0.8885218.4%
8FTXXRP/USD
6 minutes ago
$161,484,101
161,484,101 USD
$0.886814.23%
9HitBTCXRP/USDT
6 minutes ago
$147,076,521
146,808,562 USDT
$0.8900112.96%
10FMFW.ioXRP/USDT
6 minutes ago
$147,076,521
146,808,562 USDT
$0.8900112.96%
11Changelly PROXRP/USDT
6 minutes ago
$147,076,521
146,808,562 USDT
$0.8900112.96%
12Huobi GlobalXRP/USDT
6 minutes ago
$132,091,120
131,850,464 USDT
$0.8888211.64%
13BitrueXRP/USDT
6 minutes ago
$128,113,139
127,879,730 USDT
$0.8925311.29%
14BybitXRP/USDT
6 minutes ago
$112,852,081
112,646,476 USDT
$0.888629.94%
15VenusvXRP/XRP
6 minutes ago
$110,994,863
6,190,820,962 vXRP
$0.891359.78%
16Huobi GlobalXRP/USDT
5 minutes ago
$107,154,959
106,959,733 USDT
$0.893619.44%
17ZTXRP/USDT
6 minutes ago
$99,457,454
99,276,252 USDT
$0.889418.76%
18BingXXRP/USDT
6 minutes ago
$89,646,249
89,482,922 USDT
$0.888827.9%
19OKExXRP/USDT
6 minutes ago
$85,555,293
85,449,927 USDT
$0.894287.54%
20KuCoinXRP/USDT
5 minutes ago
$82,529,471
82,379,111 USDT
$0.893067.27%
21BitgetXRP/USDT
6 minutes ago
$73,039,666
72,906,595 USDT
$0.887826.44%
22BithumbXRP/KRW
5 minutes ago
$73,018,263
86,481,004,925 KRW
$0.948186.43%
23OKExXRP/USD
6 minutes ago
$70,789,490
70,789,490 USD
$0.894286.24%
24OKExXRP/USDT
6 minutes ago
$68,370,367
68,245,803 USDT
$0.888766.02%
25Huobi GlobalXRP/USD
6 minutes ago
$67,247,020
67,247,020 USD
$0.887415.92%
26BinanceXRP/BUSD
6 minutes ago
$58,477,837
58,485,740 BUSD
$0.887385.15%
27CoinWXRP/USDT
6 minutes ago
$53,934,750
53,836,486 USDT
$0.889464.75%
28BitrueADA/XRP
6 minutes ago
$51,524,202
34,460,527 ADA
$0.894284.54%
29BitMEXXRP/USD
6 minutes ago
$50,705,620
50,705,620 USD
$0.88854.47%
30OKExXRP/USDT
5 minutes ago
$50,634,568
50,542,317 USDT
$0.893314.46%
31WhiteBITXRP/USDT
6 minutes ago
$49,915,776
49,824,834 USDT
$0.889224.4%
32PhemexXRP/USD
6 minutes ago
$50,375,134
50,375,134 USD
$0.8884.44%
33KuCoinXRP/USDT
6 minutes ago
$48,285,282
48,197,311 USDT
$0.889024.25%
34Gate.ioXRP/USDT
5 minutes ago
$42,357,665
42,280,493 USDT
$0.890973.73%
35OKExXRP/USD
6 minutes ago
$40,764,520
40,764,520 USD
$0.88743.59%
36Hotcoin GlobalXRP/USDT
6 days ago
$38,221,900
38,152,264 USDT
$0.960223.37%
37FTXXRP/USD
5 minutes ago
$37,998,085
37,998,085 USD
$0.891773.35%
38BinanceXRP/BTC
5 minutes ago
$35,871,236
689 BTC
$0.891893.16%
39BinanceXRP/USD
6 minutes ago
$35,365,790
35,365,790 USD
$0.894283.12%
40BitWellXRP/USDT
6 minutes ago
$35,029,422
34,965,602 USDT
$0.888563.09%
41BiONEXRP/USDT
6 minutes ago
$33,551,826
33,490,698 USDT
$0.88932.96%
42IndoExXRP/USDT
6 minutes ago
$31,957,070
31,898,847 USDT
$0.904512.82%
43DigiFinexXRP/USDT
6 minutes ago
$31,618,370
31,560,765 USDT
$0.888712.79%
44Mandala ExchangeXRP/BUSD
6 minutes ago
$30,913,965
30,918,142 BUSD
$0.887382.72%
45ZB.COMXRP/USDT
6 minutes ago
$30,412,652
30,357,243 USDT
$0.889422.68%
46BitstampXRP/USD
5 minutes ago
$30,448,218
30,448,218 USD
$0.891332.68%
47HitBTCXRP/BTC
6 minutes ago
$29,933,479
575 BTC
$0.891162.64%
48FMFW.ioXRP/BTC
6 minutes ago
$29,933,479
575 BTC
$0.891162.64%
49Changelly PROXRP/BTC
6 minutes ago
$29,933,479
575 BTC
$0.891162.64%
50BinanceXRP/BUSD
5 minutes ago
$29,404,044
29,408,018 BUSD
$0.891782.59%
51Biconomy ExchangeXRP/USDT
6 minutes ago
$28,307,541
28,255,968 USDT
$0.889222.49%
52XT.COMXRP/USDT
6 minutes ago
$25,355,882
25,309,687 USDT
$0.896012.23%
53BigONEXRP/USDT
6 minutes ago
$25,151,424
25,105,601 USDT
$0.888872.22%
54Crypto.com ExchangeXRP/USDT
6 minutes ago
$24,435,715
24,391,196 USDT
$0.889672.15%
55CoinoneXRP/KRW
5 minutes ago
$21,598,082
25,580,228,744 KRW
$0.949021.9%
56ParitexXRP/TRY
6 minutes ago
$21,533,009
295,060,361 TRY
$0.958641.9%
57Huobi KoreaXRP/USDT
6 minutes ago
$21,126,872
21,088,381 USDT
$0.888911.86%
58Huobi GlobalXRP/BTC
5 minutes ago
$20,579,309
395 BTC
$0.891621.81%
59DragonEXXRP/USDT
6 minutes ago
$20,569,770
20,532,294 USDT
$0.891221.81%
60BitbankXRP/JPY
6 minutes ago
$20,516,016
2,314,452,901 JPY
$0.891911.81%
61CoinTigerXRP/USDT
6 minutes ago
$20,216,410
20,179,578 USDT
$0.890231.78%
62Huobi GlobalXRP/USD
6 minutes ago
$20,174,840
20,174,840 USD
$0.894281.78%
63BitrueXRP/BTC
6 minutes ago
$19,594,339
376 BTC
$0.890841.73%
64BigONEXRP/BTC
6 minutes ago
$19,518,142
375 BTC
$0.891361.72%
65AAXXRP/USDT
6 minutes ago
$18,434,775
18,401,189 USDT
$0.924131.62%
66BitayXRP/USDT
6 minutes ago
$17,424,248
17,392,502 USDT
$0.889321.54%
67CoinsbitXRP/USDT
6 minutes ago
$17,137,046
17,105,824 USDT
$0.892031.51%
68KrakenXRP/USD
6 minutes ago
$16,242,671
16,242,671 USD
$0.88751.43%
69AOFEXXRP/USDT
6 minutes ago
$16,046,682
16,017,447 USDT
$0.888971.41%
70BitForexXRP/USDT
6 minutes ago
$15,965,184
15,936,097 USDT
$0.889331.41%
71BitayXRP/TRY
6 minutes ago
$16,422,980
225,039,170 TRY
$0.955431.45%
72DcoinXRP/USDT
6 minutes ago
$14,643,963
14,617,283 USDT
$0.888861.29%
73Gate.ioXRP/USDT
6 minutes ago
$13,849,870
13,824,637 USDT
$0.888721.22%
74BitrueLINK/XRP
6 minutes ago
$13,883,026
626,746 LINK
$0.891351.22%
75BitCokeXRP/USD
6 minutes ago
$13,454,811
13,454,811 USD
$0.88651.19%
76BitstampXRP/EUR
5 minutes ago
$13,146,599
11,619,254 EUR
$0.893651.16%
77AAXXRP/USDT
6 minutes ago
$12,751,057
12,727,826 USDT
$0.889611.12%
78AEXXRP/USDC
6 minutes ago
$12,667,662
12,671,604 USDC
$0.885421.12%
79BybitXRP/USDT
6 minutes ago
$12,545,126
12,522,270 USDT
$0.889021.11%
80DeepcoinXRP/USDT
6 minutes ago
$12,650,055
12,627,008 USDT
$0.889121.11%
81Crypto.com ExchangeXRP/BTC
6 minutes ago
$12,549,753
241 BTC
$0.891571.11%
82AEXXRP/USDT
6 minutes ago
$12,387,727
12,365,158 USDT
$0.885811.09%
83BitfinexXRP/USD
5 minutes ago
$12,434,123
12,434,123 USD
$0.891841.1%
84GokuMarketXRP/USDT
6 minutes ago
$12,047,092
12,025,144 USDT
$0.891121.06%
85Kine ProtocolXRP/USD
6 minutes ago
$11,773,057
11,773,057 USD
$0.887441.04%
86BitrueLTC/XRP
6 minutes ago
$11,036,939
61,840 LTC
$0.891350.97%
87BiboxXRP/USDT
6 minutes ago
$10,887,261
10,867,425 USDT
$0.889970.96%
88BitsoXRP/MXN
5 minutes ago
$10,754,591
228,744,764 MXN
$0.898270.95%
89ParitexXRP/USDT
6 minutes ago
$10,074,545
10,056,190 USDT
$0.892830.89%
90ApolloxXRP/USDT
6 minutes ago
$9,982,852
9,964,665 USDT
$0.888420.88%
91BitvavoXRP/EUR
6 minutes ago
$9,672,638
8,548,891 EUR
$0.890080.85%
92FTXXRP/USDT
5 minutes ago
$9,502,272
9,484,960 USDT
$0.893330.84%
93WOO NetworkXRP/USDT
6 minutes ago
$9,464,872
9,447,628 USDT
$0.888920.83%
94BitrueXLM/XRP
6 minutes ago
$9,086,336
29,746,565 XLM
$0.891350.8%
95KrakenXRP/EUR
5 minutes ago
$9,101,314
8,043,942 EUR
$0.893890.8%
96ZBGXRP/USDT
6 minutes ago
$8,990,996
8,974,615 USDT
$0.889220.79%
97MEXCXRP/USDT
6 minutes ago
$8,809,195
8,793,145 USDT
$0.889020.78%
98BitgetXRP/USD
6 minutes ago
$8,248,657
8,248,657 USD
$0.88710.73%
99OKExXRP/BTC
5 minutes ago
$8,166,450
157 BTC
$0.891360.72%
100BtcTurk | ProXRP/TRY
5 minutes ago
$7,941,617
108,821,602 TRY
$0.959010.7%
521 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%