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 June 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 568 markets. In the last 24 hours, XRP was most traded on ZBG, Binance, and DOBI Exchange. 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 %
1ZBGXRP/USDT
3 minutes ago
$133,803,404
133,863,014 USDT
$0.2024111.79%
2HCoinXRP/USDT
3 minutes ago
$95,742,560
95,785,214 USDT
$0.202348.44%
3Cat.ExXRP/TRX
3 minutes ago
$90,089,462
5,526,489,927 TRX
$0.202977.94%
4BCEXXRP/USDT
3 minutes ago
$82,138,723
82,175,316 USDT
$0.201217.24%
5DOBI ExchangeXRP/BTC
3 minutes ago
$64,057,244
6,726 BTC
$0.203245.64%
6BiKiXRP/USDT
3 minutes ago
$58,731,623
58,757,788 USDT
$0.202865.17%
7BKEXXRP/BTC
3 minutes ago
$58,580,784
6,151 BTC
$0.203245.16%
8BinanceXRP/USDT
2 minutes ago
$52,798,905
52,822,427 USDT
$0.203014.65%
9VinDAXXRP/USDT
3 minutes ago
$51,480,960
51,503,896 USDT
$0.203194.54%
10DigiFinexXRP/USDT
3 minutes ago
$42,390,998
42,409,884 USDT
$0.202613.73%
11BitstampXRP/USD
3 minutes ago
$41,356,853
41,356,853 USD
$0.202773.64%
12ExratesXRP/USD
3 minutes ago
$41,333,161
41,333,161 USD
$0.203313.64%
13CBXXRP/USDT
3 minutes ago
$40,891,500
40,909,718 USDT
$0.202893.6%
14BigONEXRP/USDT
3 minutes ago
$40,890,315
40,908,532 USDT
$0.202893.6%
15BinanceXRP/USDT
3 minutes ago
$40,446,711
40,464,433 USDT
$0.202913.56%
16ExratesXRP/USDT
3 minutes ago
$40,201,749
40,219,659 USDT
$0.202833.54%
17DOBI ExchangeXRP/USDT
3 minutes ago
$38,294,336
38,311,396 USDT
$0.202893.37%
18SistemkoinXRP/TRY
3 minutes ago
$37,397,006
250,474,410 TRY
$0.20383.29%
19BitZXRP/USDT
3 minutes ago
$36,762,089
36,778,467 USDT
$0.202893.24%
20BybitXRP/USD
2 minutes ago
$35,332,895
35,332,895 USD
$0.20283.11%
21BKEXXRP/USDT
3 minutes ago
$34,033,030
34,048,192 USDT
$0.202913%
22FatbtcXRP/USDT
3 minutes ago
$33,457,231
33,472,137 USDT
$0.202112.95%
23MXCXRP/USDT
3 minutes ago
$30,400,489
30,414,033 USDT
$0.202882.68%
24BiboxXRP/USDT
3 minutes ago
$29,731,206
29,744,452 USDT
$0.202842.62%
25Huobi GlobalXRP/USDT
3 minutes ago
$29,455,228
29,468,134 USDT
$0.202862.6%
26Binance JEXXRP/USDT
3 minutes ago
$29,441,156
29,454,272 USDT
$0.202872.59%
27ZB.COMXRP/USDT
3 minutes ago
$23,470,142
23,480,426 USDT
$0.202812.07%
28UpbitXRP/KRW
3 minutes ago
$22,543,674
27,422,462,947 KRW
$0.202231.99%
29BitrueXRP/USDT
3 minutes ago
$21,196,948
21,206,392 USDT
$0.20291.87%
30SistemkoinXRP/USDT
3 minutes ago
$17,244,356
17,251,912 USDT
$0.200921.52%
31BitMEXXRP/USD
2 minutes ago
$16,913,569
16,913,569 USD
$0.2031.49%
32OKExXRP/USDT
3 minutes ago
$16,228,284
16,235,394 USDT
$0.202911.43%
33BithumbXRP/KRW
3 minutes ago
$15,967,982
19,423,693,063 KRW
$0.201991.41%
34OKExXRP/USD
2 minutes ago
$14,348,310
14,348,310 USD
$0.2031.26%
35FTXXRP/USD
2 minutes ago
$14,163,932
14,163,932 USD
$0.202951.25%
36Coinbase ProXRP/USD
3 minutes ago
$13,626,642
13,626,642 USD
$0.20291.2%
37CoinBeneXRP/USDT
3 minutes ago
$12,756,112
12,761,701 USDT
$0.202891.12%
38BitstampXRP/EUR
3 minutes ago
$12,513,564
11,177,391 EUR
$0.203291.1%
39BinanceXRP/BTC
3 minutes ago
$12,391,715
1,301 BTC
$0.203241.09%
40ExratesXRP/BTC
3 minutes ago
$11,981,693
1,258 BTC
$0.203441.06%
41BiboxXRP/BTC
3 minutes ago
$11,176,569
1,174 BTC
$0.203340.98%
42LATOKENXRP/BTC
3 minutes ago
$11,157,193
1,171 BTC
$0.203240.98%
43BitForexXRP/BTC
3 minutes ago
$10,581,391
1,111 BTC
$0.203240.93%
44BitsoXRP/MXN
3 minutes ago
$10,399,065
225,715,923 MXN
$0.202710.92%
45BitbankXRP/JPY
3 minutes ago
$9,857,358
1,071,952,332 JPY
$0.203970.87%
46FatbtcXRP/BTC
3 minutes ago
$9,850,152
1,034 BTC
$0.203150.87%
47SistemkoinXRP/BTC
3 minutes ago
$9,143,270
960 BTC
$0.203150.81%
48WBF ExchangeXRP/USDT
3 minutes ago
$8,904,611
8,908,578 USDT
$0.202910.78%
49HitBTCXRP/USDT
3 minutes ago
$8,656,916
8,660,709 USDT
$0.202860.76%
50Bitcoin.comXRP/USDT
3 minutes ago
$8,656,853
8,660,709 USDT
$0.202860.76%
51BiKiXRP/BTC
3 minutes ago
$8,361,799
878 BTC
$0.203530.74%
52Triv ProXRP/IDR
3 minutes ago
$8,278,060
118,783,494,341 IDR
$0.204750.73%
53CoinExXRP/USDT
3 minutes ago
$8,186,911
8,190,558 USDT
$0.20290.72%
54BiboxXRP/ETH
3 minutes ago
$8,173,280
34,365 ETH
$0.202980.72%
55BitMaxXRP/USDT
3 minutes ago
$8,133,430
8,137,054 USDT
$0.202890.72%
56ZB.COMXRP/QC
3 minutes ago
$7,607,849
53,730,424 QC
$0.20320.67%
57HooXRP/USDT
3 minutes ago
$7,240,694
7,243,920 USDT
$0.203330.64%
58DSXXRP/USDT
7 days ago
$7,218,499
7,200,679 USDT
$0.195780.64%
59LATOKENXRP/USDT
3 minutes ago
$7,173,300
7,176,496 USDT
$0.203340.63%
60EcxxXRP/USDT
3 minutes ago
$6,909,247
6,912,325 USDT
$0.202860.61%
61LBankXRP/USDT
3 minutes ago
$6,559,132
6,562,055 USDT
$0.202270.58%
62OKExXRP/USDT
2 minutes ago
$6,384,630
6,387,475 USDT
$0.202810.56%
63CoinTigerXRP/USDT
3 minutes ago
$6,250,419
6,253,204 USDT
$0.202830.55%
64CoinoneXRP/KRW
3 minutes ago
$6,186,112
7,524,879,344 KRW
$0.202070.55%
65DigiFinexXRP/BTC
3 minutes ago
$6,091,553
640 BTC
$0.203150.54%
66HBTCXRP/USDT
3 minutes ago
$5,688,861
5,691,395 USDT
$0.202710.5%
67BideskXRP/USDT
3 minutes ago
$5,688,297
5,690,831 USDT
$0.203010.5%
68OKExXRP/BTC
3 minutes ago
$5,553,171
583 BTC
$0.203240.49%
69SistemkoinXRP/ETH
3 minutes ago
$5,526,652
23,254 ETH
$0.202560.49%
70DragonEXXRP/USDT
3 minutes ago
$5,485,254
5,487,658 USDT
$0.202110.48%
71ZBGXRP/USDT
2 minutes ago
$5,363,283
5,365,672 USDT
$0.202710.47%
72BTC MarketsXRP/AUD
3 minutes ago
$5,167,114
7,446,482 AUD
$0.20380.46%
73BCEXXRP/CKUSD
15 hours ago
$4,857,983
24,269,777 CKUSD
$0.688870.43%
74CoinlimXRP/USDT
3 minutes ago
$4,590,803
4,592,849 USDT
$0.202880.4%
75PhemexXRP/USD
2 minutes ago
$4,433,824
4,433,824 USD
$0.20320.39%
76Huobi RussiaXRP/USDT
3 minutes ago
$4,230,690
4,232,575 USDT
$0.202870.37%
77CoinBeneXRP/BTC
3 minutes ago
$4,188,056
440 BTC
$0.203340.37%
78CoinExXRP/BTC
3 minutes ago
$4,110,732
432 BTC
$0.203240.36%
79KrakenXRP/EUR
3 minutes ago
$4,098,131
3,660,541 EUR
$0.203310.36%
80BitvastXRP/BTC
3 minutes ago
$4,020,397
422 BTC
$0.203240.35%
81CoinFieldXRP/USD
3 minutes ago
$3,956,844
3,956,844 USD
$0.20270.35%
82KrakenXRP/USD
3 minutes ago
$3,855,365
3,855,365 USD
$0.202870.34%
83BitrueXRP/BTC
3 minutes ago
$3,833,218
402 BTC
$0.203240.34%
84CoinEggXRP/USDT
3 minutes ago
$3,805,756
3,807,451 USDT
$0.202910.34%
85BW.comXRP/USDT
3 minutes ago
$3,717,186
3,718,842 USDT
$0.202910.33%
86BitfinexXRP/USD
3 minutes ago
$3,715,964
3,715,964 USD
$0.202890.33%
87DSXXRP/BTC
7 days ago
$3,711,141
404 BTC
$0.202430.33%
88SistemkoinXRP/USD
3 minutes ago
$3,513,237
3,513,237 USD
$0.203110.31%
89OmgfinXRP/BTC
3 minutes ago
$3,291,936
346 BTC
$0.203530.29%
90OKExXRP/ETH
3 minutes ago
$3,258,492
13,701 ETH
$0.202870.29%
91BitayXRP/TRY
3 minutes ago
$3,231,137
21,641,226 TRY
$0.204550.28%
92TOKOKXRP/USDT
3 minutes ago
$3,155,415
3,156,820 USDT
$0.202810.28%
93Huobi GlobalXRP/BTC
3 minutes ago
$3,139,574
330 BTC
$0.203240.28%
94CoinEggXRP/BTC
3 minutes ago
$2,787,022
293 BTC
$0.203240.25%
95BtcTurk | ProXRP/TRY
3 minutes ago
$2,773,738
18,577,698 TRY
$0.204550.24%
96ParitexXRP/USDT
3 minutes ago
$2,712,773
2,713,982 USDT
$0.203070.24%
97HotbitXRP/USDT
3 minutes ago
$2,693,986
2,695,186 USDT
$0.202790.24%
98SistemkoinXRP/EUR
3 minutes ago
$2,592,795
2,315,942 EUR
$0.202810.23%
99BKEXXRP/ETH
3 minutes ago
$2,553,709
10,745 ETH
$0.202840.22%
100Cat.ExXRP/USDT
3 minutes ago
$2,457,082
2,458,177 USDT
$0.203060.22%
468 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%