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 19, 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 618 markets. In the last 24 hours, XRP was most traded on Binance, Bybit, and Upbit. 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
2 minutes ago
$390,508,581
389,534,821 USDT
$0.4017234.41%
2BybitXRP/USD
2 minutes ago
$160,781,317
160,308,915 USD
$0.4014814.17%
3BinanceXRP/USDT
2 minutes ago
$157,307,113
156,740,796 USDT
$0.4010113.86%
4UpbitXRP/KRW
2 minutes ago
$147,228,233
188,409,085,550 KRW
$0.4030812.97%
5BinanceXRP/USD
2 minutes ago
$127,762,391
127,317,060 USD
$0.4014711.26%
6PhemexXRP/USD
2 minutes ago
$118,186,501
117,846,806 USD
$0.401810.41%
7CoinTigerXRP/USDT
2 minutes ago
$117,202,131
116,860,446 USDT
$0.4017210.33%
8HooXRP/USDT
2 minutes ago
$105,450,447
105,515,700 USDT
$0.402719.29%
9BTCEXXRP/USDT
2 minutes ago
$101,103,805
101,225,750 USDT
$0.403088.91%
10BillanceXRP/USDT
2 minutes ago
$98,091,185
98,209,496 USDT
$0.403088.64%
11BybitXRP/USDT
2 minutes ago
$97,916,420
97,774,621 USDT
$0.401628.63%
12WhiteBITXRP/USDT
3 minutes ago
$94,799,448
94,912,853 USDT
$0.403558.35%
13BitrueXRP/USDT
2 minutes ago
$87,327,384
87,251,391 USDT
$0.402117.69%
14FTXXRP/USD
2 minutes ago
$79,164,649
78,988,555 USD
$0.40196.97%
15BithumbXRP/KRW
2 minutes ago
$74,742,777
95,648,898,752 KRW
$0.403086.59%
16AAXXRP/USDT
2 minutes ago
$72,080,053
73,096,927 USDT
$0.404286.35%
17BitCokeXRP/USD
2 minutes ago
$68,610,985
68,395,196 USD
$0.402296.04%
18KuCoinXRP/USDT
2 minutes ago
$56,103,476
56,017,949 USDT
$0.402024.94%
19KuCoinXRP/USDT
2 minutes ago
$47,924,310
47,982,052 USDT
$0.403124.22%
20Hotcoin GlobalXRP/USDT
2 minutes ago
$44,868,363
44,907,263 USDT
$0.402813.95%
21ZB.COMXRP/USDT
11 minutes ago
$44,732,806
44,620,614 USDT
$0.498843.94%
22BinanceXRP/BUSD
2 minutes ago
$42,896,211
42,746,691 BUSD
$0.40183.78%
23DigiFinexXRP/USDT
2 minutes ago
$41,259,937
41,167,175 USDT
$0.401833.64%
24BingXXRP/USDT
2 minutes ago
$40,129,111
40,079,665 USDT
$0.402023.54%
25FTXXRP/USD
3 minutes ago
$39,811,301
39,811,301 USD
$0.403553.51%
26BinanceXRP/BUSD
2 minutes ago
$39,862,070
39,678,993 BUSD
$0.400933.51%
27Changelly PROXRP/USDT
3 minutes ago
$33,291,450
33,230,975 USDT
$0.401862.93%
28HitBTCXRP/USDT
2 minutes ago
$33,279,776
33,229,424 USDT
$0.401852.93%
29FMFW.ioXRP/USDT
2 minutes ago
$33,279,776
33,229,424 USDT
$0.401852.93%
30LBankXRP/USDT
3 minutes ago
$31,413,148
31,450,727 USDT
$0.403552.77%
31DigiFinexXRP/USDT
2 minutes ago
$31,175,960
31,160,436 USDT
$0.402262.75%
32BTCEXXRP/USDT
2 minutes ago
$31,034,501
30,991,496 USDT
$0.401322.73%
33OKXXRP/USDT
2 minutes ago
$28,567,748
30,668,630 USDT
$0.434552.52%
34DeepcoinXRP/USDT
2 minutes ago
$29,762,267
29,743,754 USDT
$0.402212.62%
35OKXXRP/USDT
2 minutes ago
$28,897,428
28,811,324 USDT
$0.401262.55%
36BybitXRP/USDT
2 minutes ago
$28,654,065
28,688,625 USDT
$0.403082.52%
37AAXXRP/USDT
2 minutes ago
$28,500,182
28,478,069 USDT
$0.402152.51%
38BitgetXRP/USDT
2 minutes ago
$27,903,889
27,875,026 USDT
$0.401422.46%
39Huobi GlobalXRP/USDT
2 minutes ago
$26,406,812
26,351,704 USDT
$0.40172.33%
40BigONEXRP/USDT
2 minutes ago
$24,313,380
24,342,674 USDT
$0.403122.14%
41BitWellXRP/USDT
2 minutes ago
$22,974,046
22,963,746 USDT
$0.402282.02%
42BitstampXRP/EUR
2 minutes ago
$22,033,291
20,926,534 EUR
$0.401091.94%
43BitstampXRP/USD
2 minutes ago
$20,244,380
20,132,814 USD
$0.400731.78%
44IndoExXRP/USDT
2 minutes ago
$17,189,400
18,818,579 USDT
$0.440611.51%
45CoinsbitXRP/USDT
3 minutes ago
$18,460,782
18,481,746 USDT
$0.403051.63%
46ZB.COMXRP/USDC
11 minutes ago
$16,357,189
16,293,272 USDC
$0.498211.44%
47AEXXRP/USDT
2 minutes ago
$16,147,298
16,166,754 USDT
$0.403121.42%
48AEXXRP/USDC
2 minutes ago
$15,761,966
15,759,671 USDC
$0.403121.39%
49ParitexXRP/TRY
11 minutes ago
$14,582,551
216,337,412 TRY
$0.656851.28%
50CoinoneXRP/KRW
2 minutes ago
$14,480,593
18,530,924,209 KRW
$0.403081.28%
51Kine ProtocolXRP/USD
2 minutes ago
$14,202,578
14,183,835 USD
$0.402621.25%
52BitbankXRP/JPY
2 minutes ago
$12,910,690
1,650,405,841 JPY
$0.403081.14%
53BKEXXRP/USDT
2 minutes ago
$12,515,440
12,530,536 USDT
$0.403081.1%
54BinanceXRP/BTC
2 minutes ago
$12,244,277
422 BTC
$0.401921.08%
55Huobi GlobalXRP/USDT
2 minutes ago
$11,952,703
11,967,104 USDT
$0.403121.05%
56MEXCXRP/USDT
2 minutes ago
$11,852,051
11,840,266 USDT
$0.402061.04%
57ParitexXRP/USDT
11 minutes ago
$11,523,211
11,498,994 USDT
$0.652371.02%
58OKXXRP/USDT
4 hours ago
$11,206,381
11,219,344 USDT
$0.403080.99%
59BitForexXRP/USDT
2 minutes ago
$11,103,351
11,095,232 USDT
$0.402170.98%
60CoinWXRP/USDT
11 minutes ago
$10,125,154
10,121,044 USDT
$0.776850.89%
61Biconomy ExchangeXRP/USDT
3 minutes ago
$10,001,050
9,996,703 USDT
$0.402410.88%
62BitsoXRP/MXN
2 minutes ago
$9,555,494
191,164,672 MXN
$0.403120.84%
63Gate.ioXRP/USDT
2 minutes ago
$8,710,628
8,721,134 USDT
$0.403080.77%
64BitrueADA/XRP
2 minutes ago
$8,509,245
16,735,932 ADA
$0.402950.75%
65DcoinXRP/USDT
2 minutes ago
$8,248,896
8,258,845 USDT
$0.403080.73%
66Gate.ioXRP/USDT
2 minutes ago
$8,204,840
8,192,518 USDT
$0.402520.72%
67OKXXRP/USD
4 hours ago
$8,102,560
8,102,560 USD
$0.403080.71%
68BitgetXRP/USD
2 minutes ago
$7,719,558
7,705,816 USD
$0.401340.68%
69Delta ExchangeXRP/USDT
2 minutes ago
$7,466,038
7,471,810 USDT
$0.402710.66%
70XT.COMXRP/USDT
2 minutes ago
$7,368,714
7,366,508 USDT
$0.402340.65%
71BitrueLTC/XRP
2 minutes ago
$7,319,014
109,558 LTC
$0.402950.64%
72FTXXRP/USDT
3 minutes ago
$7,256,064
7,264,744 USDT
$0.403550.64%
73Huobi GlobalXRP/USD
7 minutes ago
$7,042,200
7,042,200 USD
$0.403080.62%
74OKXXRP/USD
2 minutes ago
$6,398,941
6,859,890 USD
$0.434410.56%
75BitgetXRP/USDT
3 minutes ago
$6,740,269
6,748,332 USDT
$0.403550.59%
76BitrueXRP/UST
a day ago
$6,698,217
52,708,002 UST
$0.425290.59%
77BitMEXXRP/USD
2 minutes ago
$6,358,996
6,349,137 USD
$0.402390.56%
78BinanceXRP/USD
4 minutes ago
$6,230,200
6,230,200 USD
$0.403080.55%
79Currency.comXRP/USD
2 minutes ago
$6,224,912
6,199,103 USD
$0.401280.55%
80BitvavoXRP/EUR
2 minutes ago
$6,042,236
5,758,916 EUR
$0.403080.53%
81ApolloXXRP/USDT
2 minutes ago
$6,025,198
6,016,801 USDT
$0.402610.53%
82ApolloX DEXXRP/USDT
2 minutes ago
$6,025,198
6,016,801 USDT
$0.402610.53%
83BitexenXRP/TRY
3 minutes ago
$5,795,732
94,389,533 TRY
$0.411130.51%
84BigONEXRP/BTC
2 minutes ago
$5,769,597
199 BTC
$0.403120.51%
85Dex-TradeXRP/USDT
2 minutes ago
$5,637,843
5,644,636 USDT
$0.403120.5%
86DigiFinexXRP/BTC
2 minutes ago
$5,324,859
184 BTC
$0.402790.47%
87CoinTigerXRP/USDT
2 minutes ago
$5,334,970
5,341,405 USDT
$0.403080.47%
88BitfinexXRP/USD
2 minutes ago
$5,265,825
5,265,825 USD
$0.403120.46%
89TOKENCANXRP/USDT
3 minutes ago
$5,229,272
5,228,815 USDT
$0.402550.46%
90ZBGXRP/USDT
2 minutes ago
$5,058,724
5,065,621 USDT
$0.403010.45%
91Huobi GlobalXRP/BTC
2 minutes ago
$4,879,717
169 BTC
$0.403120.43%
92HitBTCXRP/BTC
2 minutes ago
$4,784,956
165 BTC
$0.402130.42%
93Changelly PROXRP/BTC
3 minutes ago
$4,786,435
165 BTC
$0.402260.42%
94FMFW.ioXRP/BTC
2 minutes ago
$4,784,956
165 BTC
$0.402130.42%
95IndoExXRP/BTC
2 minutes ago
$4,661,618
162 BTC
$0.405540.41%
96VinDAXXRP/ETH
2 minutes ago
$4,601,209
2,384 ETH
$0.403080.41%
97VinDAXXRP/BTC
2 minutes ago
$4,646,640
161 BTC
$0.403080.41%
98WhiteBITXRP/BTC
3 minutes ago
$4,514,279
156 BTC
$0.403550.4%
99ZOOMEXXRP/USD
2 minutes ago
$4,365,200
4,364,259 USD
$0.403090.38%
100Huobi GlobalXRP/USD
2 minutes ago
$4,310,383
4,293,580 USD
$0.401390.38%
518 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%