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XRP ($XRP) |
|
Low $0.312041 High $0.333764
What is XRP
In the same way that Ethereum is the name of the platform that enables trades in Ether, Ripple is the umbrella term for the cryptocurrency platform whose transactional protocol is actually referred to as XRP. A distributed ledger network is...
In the same way that Ethereum is the name of the platform that enables trades in Ether, Ripple is the umbrella term for the cryptocurrency platform whose transactional protocol is actually referred to as XRP. A distributed ledger network is the foundation of Ripple, and this means that multiple parties are involved in validating transactions rather than a single central authority. Compared to bitcoin, this makes international transactions much easier and the fee is much lower. XRP transfers are instantaneous, unlike those of other cryptocurrencies that require a confirmation period. However, Ripple's development is still being backed solely by the company that started the project, Ripple Labs, as opposed to bitcoin's larger developer community. It also does not have a constantly changing supply of its own currency. Ripple was created with all 100 billion XRP tokens right out of the gate, as opposed to Bitcoin, which has a constantly growing pool with an eventual maximum, and Ethereum, which theoretically has no limit. Ripple Labs owns and holds the majority of the tokens, with a total of approximately 60 billion at the most recent count. At the current value of half a dollar per unit of XRP, Ripple Labs is sitting on around $20 billion in cryptocurrency (note: the price of Ripple has recently crashed hard and may be worth far less than $60 billion by the time you read this). If it chooses to, it can sell up to a billion XRP per month for the purpose of funding new ventures and purchases. Ripple Labs does not intend to sell such a large amount in the near future because doing so would have a significant impact on the cryptocurrency's value. As a matter of fact, Ripple Labs wants to use the XRP technology to make global banking transactions faster. Instead of decoupling financial transactions from traditional financial institutions as Bitcoin and other cryptocurrencies do, Ripple does just the opposite.
Team location
USATeam size
548Year of genesis
2012Audit
Influencers
Market Statistics
|
Volume
$1,145,605,427.00 |
|
Market Cap
$15,192,550,196.00 |
|
Fully Diluted
$31,426,500,000.00 |
|
Volume to Market Cap Value
7.54 % |
|
Circulating Supply
48,343,101,197 |
|
Max Supply
100,000,000,000 |
|
Total Supply
99,989,535,142 |
|
% of Max Supply
(48.34%) |
Price history
XRP markets
| Exchange | Trading pair | Action | Volume | Trust |
|---|---|---|---|---|
Binance
|
XRP/USDT | Buy | $116,863,383.00 | |
|
Binance
|
XRP/BUSD | Buy | $32,980,355.00 | |
|
Binance
|
XRP/BTC | Buy | $15,668,285.00 | |
|
Binance
|
XRP/ETH | Buy | $2,554,557.00 | |
|
Binance
|
XRP/BNB | Buy | $1,010,803.00 |
Similar projects
News
$XRP Ledger Sees Network Activity Explode to 2-Year High
Activity on the $XRP Ledger has reached its highest value in over two years after the number of unique addresses interacting with the network exceeded 200,000 for the first time since February 2020. According t... Read full story
By CryptoGlobe | Last updated 5 hours ago |
Colombia integrates Ripple's XRPL for land registry
Columbia integrated a digital lang registry system built on Ripple‘s XRPL Blockchain into its National Land Agency. The post Colombia integrates Ripple's XRPL for land registry appeared first on CryptoSlate.... Read full story
By CryptoSlate | Last updated 5 hours ago |
$XRP Ledger Sees Network Activity Explode to 2-Year High
Activity on the $XRP Ledger has reached its highest value in over two years after the number of unique addresses interacting with the network exceeded 200,000 for the first time since February 2020. According t... Read full story
By CryptoGlobe | Last updated 5 hours ago |
Colombia integrates Ripple's XRPL for land registry
Columbia integrated a digital lang registry system built on Ripple‘s XRPL Blockchain into its National Land Agency. The post Colombia integrates Ripple's XRPL for land registry appeared first on CryptoSlate.... Read full story
By CryptoSlate | Last updated 5 hours ago |
XRP: Analyzing what growth in active address could mean for long-term holders
Despite the uncertainty that plagues the future of XRP as a result of the legal tussle with the Securities and Exchange Commission (SEC), during intraday trading hours on 30 June, it performed better than most ... Read full story
By AMBCrypto | Last updated 9 hours ago |
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.... Read full story
By Cointelegraph | Last updated 10 hours ago |
Colombia Set To Employ Ripple's XRPL Blockchain for Land Registry
The Government of Colombia is ready to utilize the XRPL blockchain for land registry.... Read full story
By Coinquora | Last updated 14 hours ago |
XRP Statistics
|
Name
XRP |
|
Ticker
XRP |
|
Price
$0.314265 |
|
24 Hour Trading Volume
$1,145,605,427.00 |
|
24 Hour Volume Change
-22.20% |
|
Market cap
$15,192,550,196.00 |
|
24 Hour Market Cap Change
-3.08% |
|
Fully Diluted Market Cap
$31,426,500,000.00 |
|
Price change 24 hour
-4.47% |
|
Price change 7 days
-7.54% |
|
Price change 14 days
-3.24% |
|
Price change 30 days
-20.89% |
|
All Time Low/High
$0.00268621 | $3.4 |
|
Percentage Change Since All Time High
-90.68% |
|
Percentage Change Since All Time Low
11,690.94% |
|
Market cap rank
#8 |
|
Volume / Market Cap
0.07541 |
|
Issuance Blockchain
XRP |
|
Circulating Supply
48,343,101,197 (48.35%) |
|
Max Supply
100,000,000,000 |
|
Total Supply
99,989,535,142 |
|
24h Volatility
$0.16 |
|
24h Volatility %
122.54% |
|
Twitter Followers
2,523,210 |
|
Telegram Users
0 |
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Reddit Subscribers
351,318 |
|
Github subs
509 |
|
Github issues
1,096 |