XRP

XRP Price

(XRP)
$0.22464 (-0.41%)
Rank #5
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 #5 largest cryptocurrency by market cap as of October 03, 2023, 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 100 markets. In the last 24 hours, XRP was most traded on Binance, Bitrue, and Bybit. 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 2023?

XRP Markets

#ExchangeMarketVolume (24hr)
Price
Volume %
1BinanceXRP/USDT
3 minutes ago
$511,750,830
511,708,901 USDT
$0.5134345.09%
2BitrueXRP/USDT
3 minutes ago
$303,984,347
303,959,441 USDT
$0.5126326.78%
3XT.COMXRP/USDT
3 minutes ago
$255,900,782
255,890,109 USDT
$0.5134322.55%
4Cointr ProXRP/USDT
3 minutes ago
$243,961,456
243,951,280 USDT
$0.5134421.49%
5BybitXRP/USDT
3 minutes ago
$198,352,757
198,344,483 USDT
$0.5135317.48%
6WEEXXRP/USDT
3 minutes ago
$163,618,873
163,612,048 USDT
$0.5136614.42%
7Topcredit IntXRP/USDT
4 minutes ago
$161,359,903
161,353,173 USDT
$0.5137614.22%
8BinanceXRP/USDT
4 minutes ago
$161,211,146
161,204,422 USDT
$0.5138614.2%
9BIKAXRP/USDT
4 minutes ago
$150,917,295
150,911,000 USDT
$0.5136613.3%
10OKXXRP/USDT
3 minutes ago
$144,531,491
144,519,649 USDT
$0.5136612.73%
11Hotcoin GlobalXRP/USDT
3 minutes ago
$126,235,829
126,230,564 USDT
$0.5134911.12%
12DigiFinexXRP/USDT
3 minutes ago
$117,684,465
117,674,822 USDT
$0.5134310.37%
13BTCCXRP/USDT
3 minutes ago
$106,078,906
106,070,215 USDT
$0.513689.35%
14BYDFiXRP/USDT
3 minutes ago
$90,511,904
90,508,129 USDT
$0.513547.97%
15BingXXRP/USDT
3 minutes ago
$85,600,798
85,597,227 USDT
$0.512947.54%
16PhemexXRP/USD
3 minutes ago
$81,504,481
81,504,481 USD
$0.51357.18%
17UpbitXRP/KRW
4 minutes ago
$64,716,385
88,114,025,655 KRW
$0.517335.7%
18FairdeskXRP/USDT
3 minutes ago
$62,079,492
62,076,903 USDT
$0.513345.47%
19BinanceXRP/USD
3 minutes ago
$62,000,770
62,000,770 USD
$0.51355.46%
20LBankXRP/USDT
3 minutes ago
$60,894,040
60,889,050 USDT
$0.513435.36%
21MEXCXRP/USDT
3 minutes ago
$60,427,118
60,424,597 USDT
$0.513435.32%
22BitgetXRP/USDT
3 minutes ago
$58,702,367
58,697,558 USDT
$0.513255.17%
23BitunixXRP/USDT
3 minutes ago
$57,496,978
57,494,580 USDT
$0.513445.07%
24BlofinXRP/USDT
3 minutes ago
$56,009,773
56,007,437 USDT
$0.513744.93%
25KuCoinXRP/USDT
3 minutes ago
$55,881,889
55,877,310 USDT
$0.513534.92%
26BitspayXRP/BTC
5 hours ago
$54,824,281
1,989 BTC
$0.527274.83%
27DigiFinexXRP/USDT
4 minutes ago
$44,482,106
44,478,462 USDT
$0.513673.92%
28BybitXRP/USD
3 minutes ago
$44,211,308
44,211,308 USD
$0.513773.9%
29BitspayXRP/USDT
5 hours ago
$39,207,390
39,202,188 USDT
$0.518463.45%
30DeepcoinXRP/USDT
3 minutes ago
$38,918,688
38,917,065 USDT
$0.513493.43%
31BYDFiXRP/USDT
4 minutes ago
$35,491,398
35,489,918 USDT
$0.513663.13%
32BitspayXRP/BNB
5 hours ago
$31,249,505
145,655 BNB
$0.514242.75%
33BitMartXRP/USDT
3 minutes ago
$30,801,581
30,799,058 USDT
$0.513532.71%
34BitrueXRP/USDT
4 minutes ago
$30,438,899
30,437,630 USDT
$0.513762.68%
35HTXXRP/USDT
3 minutes ago
$29,013,756
29,011,379 USDT
$0.513452.56%
36BybitXRP/USDT
4 minutes ago
$28,667,321
28,666,126 USDT
$0.513562.53%
37SuperExXRP/USDT
4 minutes ago
$27,265,906
27,264,769 USDT
$0.513652.4%
38OKXXRP/USDT
4 minutes ago
$26,748,052
26,746,936 USDT
$0.513662.36%
39BitstampXRP/EUR
4 minutes ago
$23,918,913
22,859,711 EUR
$0.514172.11%
40BitvenusXRP/USDT
4 minutes ago
$23,882,972
23,881,976 USDT
$0.513762.1%
41BithumbXRP/KRW
4 minutes ago
$23,425,202
31,894,293,829 KRW
$0.516962.06%
42CoinTigerXRP/USDT
4 minutes ago
$21,797,958
21,797,049 USDT
$0.513761.92%
43TapbitXRP/USDT
3 minutes ago
$20,871,670
20,870,800 USDT
$0.513791.84%
44BYDFiXRP/USD
3 minutes ago
$20,442,317
20,442,317 USD
$0.513511.8%
45Coinbase ExchangeXRP/USD
4 minutes ago
$20,439,957
20,439,957 USD
$0.51351.8%
46BitspayXRP/BUSD
5 hours ago
$20,215,450
20,207,486 BUSD
$0.518031.78%
47MEXCXRP/USDT
4 minutes ago
$20,183,918
20,183,077 USDT
$0.513661.78%
48Hotcoin GlobalXRP/USD
3 minutes ago
$19,588,528
19,588,528 USD
$0.513271.73%
49BullishXRP/USDC
4 minutes ago
$18,572,526
18,573,486 USDC
$0.513551.64%
50ZOOMEXXRP/USDT
3 minutes ago
$16,977,589
16,976,881 USDT
$0.528041.5%
51BitspayXRP/USDC
5 hours ago
$16,262,586
16,263,766 USDC
$0.517441.43%
52PionexXRP/USDT
4 minutes ago
$15,775,427
15,774,769 USDT
$0.513791.39%
53OrangeXXRP/USDT
3 minutes ago
$15,758,482
15,757,825 USDT
$0.513431.39%
54BitMakeXRP/USDT
4 minutes ago
$14,908,931
14,908,309 USDT
$0.513861.31%
55BitgetXRP/USDT
4 minutes ago
$13,850,949
13,850,371 USDT
$0.513611.22%
56FelixoXRP/USDT
4 minutes ago
$13,760,548
13,759,974 USDT
$0.513061.21%
57KuCoinXRP/USDT
4 minutes ago
$13,268,904
13,268,351 USDT
$0.513681.17%
58BitvenusXRP/USDT
3 minutes ago
$13,213,483
13,212,932 USDT
$0.513641.16%
59IndoExXRP/USDT
4 minutes ago
$12,757,827
12,757,295 USDT
$0.513761.12%
60Gate.ioXRP/USDT
3 minutes ago
$12,648,932
12,647,896 USDT
$0.513331.11%
61BitForexXRP/USDT
4 minutes ago
$11,791,556
11,791,065 USDT
$0.513691.04%
62BinanceXRP/BUSD
3 minutes ago
$11,783,612
11,783,827 BUSD
$0.513291.04%
63OKXXRP/USD
3 minutes ago
$11,003,550
11,003,550 USD
$0.513690.97%
64MEXCXRP/USD
3 minutes ago
$10,553,910
10,553,910 USD
$0.513270.93%
65BingXXRP/USDT
4 minutes ago
$10,092,462
10,092,042 USDT
$0.513860.89%
66DeepcoinXRP/USDT
4 minutes ago
$9,257,385
9,256,998 USDT
$0.513560.82%
67CoinWXRP/USDT
4 minutes ago
$9,139,451
9,139,070 USDT
$0.513740.81%
68HTXXRP/USDT
4 minutes ago
$9,016,759
9,016,020 USDT
$0.513640.79%
69WhiteBITXRP/USDT
4 minutes ago
$8,883,584
8,883,214 USDT
$0.513660.78%
70Gate.ioXRP/USDT
4 minutes ago
$8,840,462
8,840,094 USDT
$0.513630.78%
71BitsoXRP/MXN
4 minutes ago
$8,555,377
151,704,535 MXN
$0.515370.75%
72BitMEXXRP/USD
3 minutes ago
$8,528,871
8,528,871 USD
$0.51420.75%
73BinanceXRP/BTC
4 minutes ago
$8,525,107
309 BTC
$0.513910.75%
74BTSEXRP/USD
4 minutes ago
$8,324,339
8,324,339 USD
$0.513580.73%
75ToobitXRP/USDT
4 minutes ago
$8,003,029
8,002,695 USDT
$0.513860.71%
76Cointr ProXRP/USDT
4 minutes ago
$7,216,937
7,216,635 USDT
$0.513660.64%
77CoinsbitXRP/USDT
4 minutes ago
$7,114,603
7,114,306 USDT
$0.513960.63%
78BitstampXRP/USD
4 minutes ago
$7,102,745
7,102,745 USD
$0.512830.63%
79BybitXRP/USDC
4 minutes ago
$6,884,659
6,885,015 USDC
$0.513750.61%
80BiboxXRP/USDT
3 minutes ago
$6,852,162
6,851,601 USDT
$0.513330.6%
81IndoExXRP/BTC
4 minutes ago
$6,738,974
244 BTC
$0.513630.59%
82ToobitXRP/USDT
3 minutes ago
$6,533,040
6,532,768 USDT
$0.513640.58%
83CoinoneXRP/KRW
4 minutes ago
$6,485,466
8,830,206,315 KRW
$0.517180.57%
84XT.COMXRP/USD
3 minutes ago
$6,207,440
6,207,440 USD
$0.513350.55%
85AscendEX (BitMax)XRP/USDT
4 minutes ago
$6,036,576
6,036,324 USDT
$0.514660.53%
86HitBTCXRP/USDT
4 minutes ago
$5,937,109
5,936,862 USDT
$0.513830.52%
87FMFW.ioXRP/USDT
4 minutes ago
$5,932,221
5,931,973 USDT
$0.513710.52%
88Changelly PROXRP/USDT
4 minutes ago
$5,932,221
5,931,973 USDT
$0.513710.52%
89WhiteBITXRP/USDT
3 minutes ago
$5,774,655
5,774,182 USDT
$0.513250.51%
90LMAX DigitalXRP/USD
4 minutes ago
$5,551,641
5,551,641 USD
$0.513370.49%
91BIKAXRP/USDT
3 minutes ago
$5,117,303
5,117,089 USDT
$0.513440.45%
92BinanceXRP/BUSD
4 minutes ago
$5,067,768
5,067,641 BUSD
$0.513690.45%
93HTXXRP/USD
3 minutes ago
$4,784,440
4,784,440 USD
$0.512750.42%
94KrakenXRP/USD
4 minutes ago
$4,706,874
4,706,874 USD
$0.513510.41%
95TidexXRP/USDT
4 minutes ago
$4,546,928
4,546,739 USDT
$0.513990.4%
96TruBit Pro ExchangeXRP/USDT
4 minutes ago
$4,389,174
4,388,991 USDT
$0.513760.39%
97PoloniexXRP/USDT
4 minutes ago
$4,303,460
4,303,281 USDT
$0.513760.38%
98BigONEXRP/USDT
4 minutes ago
$4,172,225
4,172,051 USDT
$0.513760.37%
99BTC MarketsXRP/AUD
4 minutes ago
$3,904,311
6,172,240 AUD
$0.516430.34%
100PointPayXRP/USDT
4 minutes ago
$3,779,244
3,779,086 USDT
$0.513860.33%

XRP Fundamentals

% of supply in circulation
43.3%