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 February 29, 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 495 markets. In the last 24 hours, XRP was most traded on BKEX, IDCM, and LATOKEN. 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 %
1BKEXXRP/BTC
3 minutes ago
$121,188,806
14,005 BTC
$0.2351910.68%
2MXCXRP/USDT
3 minutes ago
$112,074,974
112,007,251 USDT
$0.235299.87%
3IDCMXRP/BTC
3 minutes ago
$109,601,299
12,666 BTC
$0.235719.66%
4FatbtcXRP/USDT
3 minutes ago
$98,945,212
98,885,423 USDT
$0.235748.72%
5BiKiXRP/USDT
3 minutes ago
$72,700,317
72,656,387 USDT
$0.234956.41%
6HotbitXRP/USDT
3 minutes ago
$70,586,458
70,543,805 USDT
$0.235246.22%
7BKEXXRP/USDT
3 minutes ago
$70,534,911
70,492,290 USDT
$0.235146.21%
8HCoinXRP/USDT
3 minutes ago
$69,627,674
69,585,601 USDT
$0.236336.13%
9Cat.ExXRP/TRX
3 minutes ago
$66,905,783
3,978,896,517 TRX
$0.23555.89%
10LATOKENXRP/USDT
3 minutes ago
$65,226,538
65,187,124 USDT
$0.234175.75%
11BCEXXRP/USDT
3 minutes ago
$59,949,585
59,913,360 USDT
$0.262565.28%
12BHEXXRP/USDT
3 minutes ago
$59,492,612
59,456,663 USDT
$0.234945.24%
13LATOKENXRP/BTC
3 minutes ago
$51,134,252
5,909 BTC
$0.234934.51%
14CBXXRP/USDT
3 minutes ago
$50,834,827
50,804,110 USDT
$0.235074.48%
15BigONEXRP/USDT
3 minutes ago
$50,825,501
50,794,789 USDT
$0.235034.48%
16VinDAXXRP/USDT
3 minutes ago
$50,120,579
50,090,293 USDT
$0.234414.42%
17BitZXRP/USDT
3 minutes ago
$47,642,249
47,613,461 USDT
$0.234844.2%
18BinanceXRP/USDT
3 minutes ago
$46,650,589
46,626,247 USDT
$0.235424.11%
19SistemkoinXRP/TRY
3 minutes ago
$46,491,737
290,233,964 TRY
$0.235484.1%
20IDCMXRP/USDT
3 minutes ago
$37,859,937
37,837,060 USDT
$0.235273.34%
21BiboxXRP/USDT
3 minutes ago
$30,032,421
30,014,274 USDT
$0.235042.65%
22BinanceXRP/USDT
3 minutes ago
$29,180,099
29,162,466 USDT
$0.235032.57%
23DigiFinexXRP/USDT
3 minutes ago
$28,563,132
28,545,872 USDT
$0.235042.52%
24ExratesXRP/USD
3 minutes ago
$27,758,990
27,758,990 USD
$0.235372.45%
25ExratesXRP/USDT
3 minutes ago
$27,584,876
27,568,207 USDT
$0.235282.43%
26BitMEXXRP/USD
3 minutes ago
$27,369,125
27,369,125 USD
$0.23582.41%
27HitBTCXRP/USDT
3 minutes ago
$27,319,417
27,302,909 USDT
$0.235152.41%
28ZB.COMXRP/USDT
3 minutes ago
$26,161,264
26,145,455 USDT
$0.235342.3%
29SistemkoinXRP/USDT
3 minutes ago
$24,444,050
24,429,280 USDT
$0.235472.15%
30Huobi GlobalXRP/USDT
3 minutes ago
$24,038,468
24,023,942 USDT
$0.235172.12%
31Binance JEXXRP/USDT
3 minutes ago
$24,030,957
24,016,436 USDT
$0.235032.12%
32EXXXRP/USDT
3 minutes ago
$23,250,785
23,236,735 USDT
$0.241052.05%
33ZB.COMXRP/QC
3 minutes ago
$22,847,948
162,704,500 QC
$0.235192.01%
34BitstampXRP/USD
3 minutes ago
$21,632,273
21,632,273 USD
$0.234961.91%
35OKExXRP/USD
3 minutes ago
$20,504,130
20,504,130 USD
$0.23531.81%
36BitrueXRP/USDT
3 minutes ago
$18,208,186
18,197,183 USDT
$0.234071.6%
37OKExXRP/USDT
3 minutes ago
$17,767,863
17,757,127 USDT
$0.235141.57%
38BiKiXRP/BTC
3 minutes ago
$16,293,813
1,883 BTC
$0.235191.44%
39HotbitXRP/ETH
3 minutes ago
$15,960,395
71,091 ETH
$0.234741.41%
40UpbitXRP/KRW
3 minutes ago
$14,921,885
17,910,961,854 KRW
$0.23661.31%
41CoinBeneXRP/BTC
3 minutes ago
$14,238,551
1,645 BTC
$0.235191.25%
42BiboxXRP/BTC
3 minutes ago
$13,982,779
1,616 BTC
$0.23511.23%
43CoinEggXRP/USDT
3 minutes ago
$12,899,172
12,891,378 USDT
$0.236041.14%
44RightBTCXRP/USDT
3 minutes ago
$12,507,752
12,500,194 USDT
$0.235141.1%
45SistemkoinXRP/BTC
3 minutes ago
$12,268,016
1,418 BTC
$0.236231.08%
46LBankXRP/USDT
3 minutes ago
$11,721,702
11,715,586 USDT
$0.23871.03%
47BiboxXRP/ETH
3 minutes ago
$11,142,579
49,632 ETH
$0.235330.98%
48BithumbXRP/KRW
3 minutes ago
$10,942,915
13,134,945,309 KRW
$0.23660.96%
49CoinBeneXRP/USDT
3 minutes ago
$9,700,037
9,694,175 USDT
$0.235160.85%
50FatbtcXRP/BTC
3 minutes ago
$9,669,603
1,117 BTC
$0.231820.85%
51HotbitXRP/BTC
3 minutes ago
$9,557,330
1,105 BTC
$0.23510.84%
52FolgoryXRP/BTC
3 minutes ago
$9,112,964
1,053 BTC
$0.23450.8%
53FTXXRP/USD
3 minutes ago
$8,971,811
8,971,811 USD
$0.235950.79%
54CoinEggXRP/BTC
3 minutes ago
$8,808,363
1,018 BTC
$0.235540.78%
55BHEXXRP/BTC
3 minutes ago
$8,791,041
1,016 BTC
$0.235280.77%
56Coinbase ProXRP/USD
3 minutes ago
$8,554,143
8,554,143 USD
$0.23530.75%
57HitBTCXRP/BTC
3 minutes ago
$8,317,285
961 BTC
$0.235280.73%
58ExratesXRP/BTC
3 minutes ago
$8,273,990
956 BTC
$0.23510.73%
59CoinHeXRP/USDT
3 minutes ago
$8,261,885
8,256,892 USDT
$0.235150.73%
60BinanceXRP/BTC
3 minutes ago
$8,226,218
951 BTC
$0.235190.72%
61DcoinXRP/USDT
3 minutes ago
$7,932,448
7,927,655 USDT
$0.235180.7%
62SistemkoinXRP/ETH
3 minutes ago
$7,597,048
33,839 ETH
$0.236650.67%
63BitbankXRP/JPY
3 minutes ago
$6,750,610
729,639,936 JPY
$0.235880.59%
64OKExXRP/BTC
3 minutes ago
$6,308,216
729 BTC
$0.235190.56%
65BHEXXRP/ETH
3 minutes ago
$5,906,879
26,311 ETH
$0.235660.52%
66CoinTigerXRP/USDT
3 minutes ago
$5,894,731
5,891,169 USDT
$0.235210.52%
67CoinExXRP/USDT
3 minutes ago
$5,712,820
5,709,368 USDT
$0.235220.5%
68DragonEXXRP/USDT
3 minutes ago
$5,130,579
5,127,479 USDT
$0.235440.45%
69BitstampXRP/EUR
3 minutes ago
$4,957,634
4,495,577 EUR
$0.235680.44%
70CoinFieldXRP/USD
3 minutes ago
$4,879,455
4,879,455 USD
$0.2350.43%
71DigiFinexXRP/BTC
3 minutes ago
$4,694,244
542 BTC
$0.235190.41%
72SistemkoinXRP/USD
3 minutes ago
$4,514,800
4,514,800 USD
$0.236870.4%
73CoinlimXRP/USDT
3 minutes ago
$4,287,795
4,285,204 USDT
$0.235120.38%
74CoinHeXRP/BTC
3 minutes ago
$4,234,730
489 BTC
$0.235190.37%
75BitsoXRP/MXN
3 minutes ago
$4,049,511
79,423,044 MXN
$0.235050.36%
76Huobi GlobalXRP/BTC
3 minutes ago
$3,948,472
456 BTC
$0.235020.35%
77HooXRP/USDT
3 minutes ago
$3,770,037
3,767,758 USDT
$0.235970.33%
78KryptonoXRP/BTC
3 minutes ago
$3,715,577
429 BTC
$0.293770.33%
79PoloniexXRP/BTC
3 minutes ago
$3,622,068
419 BTC
$0.235190.32%
80BitfinexXRP/USD
3 minutes ago
$3,538,004
3,538,004 USD
$0.235990.31%
81BitrueXRP/BTC
3 minutes ago
$3,464,069
400 BTC
$0.234760.31%
82BW.comXRP/USDT
3 minutes ago
$3,326,558
3,324,548 USDT
$0.235040.29%
83RightBTCXRP/BTC
3 minutes ago
$3,289,502
380 BTC
$0.235190.29%
84CoinExXRP/BTC
3 minutes ago
$3,177,137
367 BTC
$0.23510.28%
85BKEXXRP/ETH
3 minutes ago
$3,162,194
14,085 ETH
$0.235510.28%
86DOBI ExchangeXRP/USDT
3 minutes ago
$3,091,621
3,089,753 USDT
$0.235170.27%
87TOKOKXRP/USDT
3 minutes ago
$3,088,432
3,086,566 USDT
$0.235140.27%
88CoinoneXRP/KRW
3 minutes ago
$2,980,045
3,576,993,053 KRW
$0.23660.26%
89Huobi RussiaXRP/USDT
3 minutes ago
$2,894,430
2,892,681 USDT
$0.235140.26%
90IndoExXRP/ETH
3 minutes ago
$2,545,291
11,337 ETH
$0.235580.22%
91IndoExXRP/BTC
3 minutes ago
$2,490,449
288 BTC
$0.234410.22%
92KuCoinXRP/USDT
3 minutes ago
$2,411,853
2,410,395 USDT
$0.235090.21%
93CoinFieldXRP/EUR
3 minutes ago
$2,408,574
2,184,092 EUR
$0.235110.21%
94KrakenXRP/USD
3 minutes ago
$2,384,183
2,384,183 USD
$0.234260.21%
95BTC MarketsXRP/AUD
3 minutes ago
$2,373,479
3,646,634 AUD
$0.235480.21%
96ABCCXRP/USDT
3 minutes ago
$2,220,559
2,219,218 USDT
$0.236230.2%
97SistemkoinXRP/EUR
3 minutes ago
$2,215,803
2,009,288 EUR
$0.238230.2%
98BCEXXRP/CKUSD
3 minutes ago
$2,050,582
32,128,141 CKUSD
$0.274070.18%
99DOBI ExchangeXRP/BTC
3 minutes ago
$2,025,625
234 BTC
$0.23510.18%
100CoinFieldXRP/CAD
3 minutes ago
$1,892,257
2,534,583 CAD
$0.235470.17%
395 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%