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 January 27, 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 485 markets. In the last 24 hours, XRP was most traded on BKEX, Hotbit, and Fatbtc. The most traded XRP pairs in the last 24 hours are XRP/USDT, XRP/BTC, and XRP/TRX.

How To Buy Ripple (XRP): Where To Buy Ripple In 2020?

XRP Markets

#ExchangeMarketVolume (24hr)
Price
Volume %
1FatbtcXRP/USDT
3 minutes ago
$97,180,997
96,995,809 USDT
$0.231148.56%
2HCoinXRP/USDT
3 minutes ago
$86,761,935
86,596,601 USDT
$0.230717.64%
3MXCXRP/USDT
3 minutes ago
$83,793,785
83,634,107 USDT
$0.230767.38%
4BKEXXRP/USDT
3 minutes ago
$81,903,783
81,747,707 USDT
$0.230647.22%
5Cat.ExXRP/TRX
3 minutes ago
$65,496,195
3,869,036,837 TRX
$0.230165.77%
6BCEXXRP/USDT
3 minutes ago
$64,472,467
64,359,762 USDT
$0.223195.68%
7HotbitXRP/USDT
3 minutes ago
$62,003,987
61,885,832 USDT
$0.23065.46%
8SistemkoinXRP/TRY
3 minutes ago
$56,661,408
336,998,826 TRY
$0.226984.99%
9EXXXRP/USDT
3 minutes ago
$55,970,637
55,863,980 USDT
$0.230744.93%
10LATOKENXRP/USDT
3 minutes ago
$50,982,598
50,885,446 USDT
$0.230364.49%
11BiKiXRP/USDT
3 minutes ago
$50,445,492
50,349,363 USDT
$0.230444.44%
12LATOKENXRP/BTC
3 minutes ago
$45,270,604
5,227 BTC
$0.23023.99%
13VinDAXXRP/USDT
3 minutes ago
$43,773,097
43,689,683 USDT
$0.230693.86%
14BKEXXRP/BTC
3 minutes ago
$40,066,803
4,626 BTC
$0.230293.53%
15IDCMXRP/BTC
3 minutes ago
$35,672,863
4,119 BTC
$0.23023.14%
16ZB.COMXRP/QC
3 minutes ago
$33,388,818
230,449,931 QC
$0.230642.94%
17BitZXRP/USDT
3 minutes ago
$32,451,442
32,394,713 USDT
$0.23072.86%
18HotbitXRP/ETH
3 minutes ago
$31,114,668
184,913 ETH
$0.229962.74%
19ExratesXRP/USDT
3 minutes ago
$22,995,191
22,951,372 USDT
$0.230642.03%
20ExratesXRP/USD
3 minutes ago
$22,807,654
22,807,654 USD
$0.230642.01%
21CoinBeneXRP/USDT
3 minutes ago
$21,468,891
21,431,361 USDT
$0.230641.89%
22BinanceXRP/USDT
3 minutes ago
$20,136,907
20,101,706 USDT
$0.230621.77%
23DigiFinexXRP/USDT
3 minutes ago
$19,928,609
19,893,771 USDT
$0.23061.76%
24HotbitXRP/BTC
3 minutes ago
$19,012,327
2,195 BTC
$0.229681.68%
25Huobi GlobalXRP/USDT
3 minutes ago
$15,763,013
15,735,458 USDT
$0.230671.39%
26Binance JEXXRP/USDT
3 minutes ago
$15,761,152
15,731,117 USDT
$0.230651.39%
27BiKiXRP/BTC
3 minutes ago
$15,584,197
1,799 BTC
$0.230371.37%
28HitBTCXRP/USDT
3 minutes ago
$14,728,575
14,702,828 USDT
$0.230671.3%
29UpbitXRP/KRW
3 minutes ago
$13,630,146
16,050,724,317 KRW
$0.225041.2%
30ZB.COMXRP/USDT
3 minutes ago
$13,606,722
13,582,936 USDT
$0.23061.2%
31BHEXXRP/USDT
3 minutes ago
$13,392,251
13,366,731 USDT
$0.230641.18%
32SistemkoinXRP/USDT
3 minutes ago
$13,341,827
13,318,504 USDT
$0.231241.18%
33CoinBeneXRP/BTC
3 minutes ago
$12,495,171
1,443 BTC
$0.230371.1%
34CoinEggXRP/USDT
3 minutes ago
$12,152,629
12,131,385 USDT
$0.22921.07%
35SistemkoinXRP/BTC
3 minutes ago
$12,085,343
1,395 BTC
$0.23151.06%
36BiboxXRP/BTC
3 minutes ago
$11,766,784
1,359 BTC
$0.230721.04%
37ExratesXRP/BTC
3 minutes ago
$11,737,541
1,355 BTC
$0.230371.03%
38FolgoryXRP/BTC
3 minutes ago
$11,561,673
1,335 BTC
$0.229681.02%
39BitrueXRP/USDT
3 minutes ago
$11,040,831
11,021,530 USDT
$0.230360.97%
40BiboxXRP/USDT
3 minutes ago
$10,624,430
10,604,184 USDT
$0.230540.94%
41BinanceXRP/BTC
3 minutes ago
$9,922,834
1,146 BTC
$0.230290.87%
42FatbtcXRP/BTC
3 minutes ago
$9,626,912
1,112 BTC
$0.230370.85%
43RightBTCXRP/USDT
3 minutes ago
$9,620,501
9,602,168 USDT
$0.230650.85%
44CoinEggXRP/BTC
3 minutes ago
$9,033,281
1,043 BTC
$0.231240.8%
45OKExXRP/USDT
3 minutes ago
$8,280,267
8,265,792 USDT
$0.23060.73%
46BithumbXRP/KRW
3 minutes ago
$8,039,659
9,467,422,074 KRW
$0.225720.71%
47HooXRP/USDT
3 minutes ago
$7,988,700
7,973,476 USDT
$0.230750.7%
48BiboxXRP/ETH
3 minutes ago
$7,647,561
45,449 ETH
$0.230920.67%
49BitstampXRP/USD
3 minutes ago
$6,713,618
6,713,618 USD
$0.229260.59%
50DragonEXXRP/USDT
3 minutes ago
$6,613,054
6,601,494 USDT
$0.23050.58%
51DOBI ExchangeXRP/USDT
3 minutes ago
$6,160,473
6,148,734 USDT
$0.230710.54%
52BitbankXRP/JPY
3 minutes ago
$5,967,509
650,398,792 JPY
$0.229610.53%
53IDCMXRP/USDT
3 minutes ago
$5,546,294
5,536,599 USDT
$0.230390.49%
54CoinExXRP/USDT
3 minutes ago
$5,442,313
5,432,799 USDT
$0.230620.48%
55SistemkoinXRP/ETH
3 minutes ago
$5,392,332
32,046 ETH
$0.230250.48%
56HitBTCXRP/BTC
3 minutes ago
$5,153,475
595 BTC
$0.230290.45%
57DcoinXRP/USDT
3 minutes ago
$4,993,841
4,984,324 USDT
$0.230590.44%
58DigiFinexXRP/BTC
3 minutes ago
$4,921,626
568 BTC
$0.230290.43%
59BitrueXRP/BTC
3 minutes ago
$4,657,293
538 BTC
$0.230030.41%
60Coinbase ProXRP/USD
3 minutes ago
$4,481,309
4,481,309 USD
$0.22950.39%
61DOBI ExchangeXRP/BTC
3 minutes ago
$3,827,664
442 BTC
$0.23020.34%
62Huobi GlobalXRP/BTC
3 minutes ago
$3,743,366
432 BTC
$0.23020.33%
63CoinTigerXRP/USDT
3 minutes ago
$3,639,454
3,632,518 USDT
$0.230660.32%
64PoloniexXRP/BTC
3 minutes ago
$3,582,591
414 BTC
$0.230370.32%
65KryptonoXRP/BTC
3 minutes ago
$3,349,969
387 BTC
$0.280170.3%
66BCEXXRP/CKUSD
3 minutes ago
$3,195,862
31,004,040 CKUSD
$0.23270.28%
67TOKOKXRP/USDT
3 minutes ago
$3,185,691
3,179,621 USDT
$0.230640.28%
68SistemkoinXRP/USD
3 minutes ago
$3,023,269
3,023,269 USD
$0.230460.27%
69BitForexXRP/ETH
3 minutes ago
$2,995,541
17,802 ETH
$0.230840.26%
70RightBTCXRP/BTC
3 minutes ago
$2,944,134
340 BTC
$0.230290.26%
71OKExXRP/BTC
3 minutes ago
$2,840,876
328 BTC
$0.230290.25%
72BitForexXRP/BTC
3 minutes ago
$2,567,802
296 BTC
$0.229330.23%
73SistemkoinXRP/EUR
3 minutes ago
$2,547,052
2,309,361 EUR
$0.230390.22%
74ABCCXRP/USDT
3 minutes ago
$2,498,524
2,494,156 USDT
$0.23040.22%
75BitForexXRP/USDT
3 minutes ago
$2,478,368
2,474,036 USDT
$0.230690.22%
76CoinFieldXRP/USD
3 minutes ago
$2,331,250
2,331,250 USD
$0.22990.21%
77KrakenXRP/USD
3 minutes ago
$2,253,596
2,253,596 USD
$0.229430.2%
78CoinoneXRP/KRW
3 minutes ago
$2,125,205
2,502,620,145 KRW
$0.225890.19%
79BinanceXRP/USDC
3 minutes ago
$2,110,015
2,076,781 USDC
$0.233020.19%
80BitfinexXRP/USD
3 minutes ago
$2,006,827
2,006,827 USD
$0.229990.18%
81ZB.COMXRP/BTC
3 minutes ago
$1,922,288
222 BTC
$0.230550.17%
82BW.comXRP/USDT
3 minutes ago
$1,736,244
1,733,209 USDT
$0.23060.15%
83BitsoXRP/MXN
3 minutes ago
$1,704,920
32,160,409 MXN
$0.229020.15%
84Cat.ExXRP/USDT
3 minutes ago
$1,571,317
1,568,322 USDT
$0.230630.14%
85KrakenXRP/EUR
3 minutes ago
$1,469,153
1,332,052 EUR
$0.229410.13%
86Cat.ExXRP/BTC
3 minutes ago
$1,420,365
164 BTC
$0.230110.13%
87RfinexXRP/USDT
3 minutes ago
$1,392,871
1,390,216 USDT
$0.231280.12%
88Huobi RussiaXRP/USDT
3 minutes ago
$1,354,811
1,352,229 USDT
$0.230650.12%
89CoinFieldXRP/EUR
3 minutes ago
$1,311,375
1,188,998 EUR
$0.230180.12%
90Huobi KoreaXRP/BTC
3 minutes ago
$1,251,838
145 BTC
$0.23020.11%
91LiquidXRP/JPY
3 minutes ago
$1,205,009
131,333,932 JPY
$0.229790.11%
92OKExXRP/ETH
3 minutes ago
$1,182,175
7,026 ETH
$0.230860.1%
93BHEXXRP/BTC
3 minutes ago
$1,153,922
133 BTC
$0.230370.1%
94BitstampXRP/EUR
3 minutes ago
$1,117,730
1,013,423 EUR
$0.229470.1%
95CoinTigerXRP/BTC
3 minutes ago
$1,102,832
127 BTC
$0.230290.1%
96CoinlimXRP/USDT
3 minutes ago
$1,037,632
1,035,655 USDT
$0.230540.09%
97DigiFinexXRP/ETH
3 minutes ago
$986,016
5,860 ETH
$0.230860.09%
98BitMartXRP/USDT
3 minutes ago
$982,983
981,265 USDT
$0.23070.09%
99LATOKENXRP/ETH
3 minutes ago
$976,781
5,805 ETH
$0.230940.09%
100OceanExXRP/USDT
3 minutes ago
$967,551
965,707 USDT
$0.230480.09%
385 additional market pairs not shown

XRP Fundamentals

% of supply in circulation
43.3%