XRP current price is $0.3806.

XRP current price is $0.3806.

XRP current price is $0.3806 with a marketcap of $19.14 B. Its price is -5.00% down in last 24 hours.

Buy / Sell Ripple
  • ripple
    XRP (XRP)
  • Live Price
  • 24h %
  • Market Cap
    $19.14 B
  • Volume
    $812.53 M
  • Available Supply
    50.30 B XRP
  • Rank

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More Info About Coin

Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

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In episode 28 of the #RippleDrop, RippleX Software Engineer @msvadari discusses the current state of interoperability and how successful implementation can foster innovation. https://on.ripple.com/3ODyXIU

By 2024, at least 50% of the world's population is expected to use digital wallets for transactions, valued at over $9 trillion annually. 🌎

Our whitepaper explores how Central Banks can utilize #CBDCs to take advantage of this growth. https://on.ripple.com/3GPjp2y

Our $250M Creator Fund is a commitment to fostering innovation in tokenization, facilitating the creation of functional #NFTs on the XRPL across industries. 💡

Learn more about the Wave 2 recipients, including @syfrprojects, @CapitalBlock1 and more. https://on.ripple.com/3GBzby4

As global stablecoin adoption continues, new partners like @Stably_Official and @stasisnet are tapping into the power of the #XRPL to issue #stablecoins. https://on.ripple.com/3tUACQB

Functional #NFTs have the potential to transform industries like #realestate by solving challenges with efficiency and transparency of ownership. https://on.ripple.com/3gwG2OL

🎉 Cue the curtain call on another successful #RippleSwell Global!

Thank you to our speakers, partners and customers for the riveting discussions, thoughtful insights and unforgettable connections!

Stick around for more updates in the coming weeks.

Tokenizing real-world assets is proving to be tremendously valuable to a number of industries because of the inherent transparency and programmability of #blockchain technology.

We explored two such use cases on Day 2 of #RippleSwell Global:

“I’m a big proponent that we should be regulating activity but not technology.”

@jesshoulgrave of @Checkout dove into a discussion around all things 🇬🇧 UK #crypto regulatory frameworks with Ripple's @ss_friedman on Day 2 of #RippleSwell Global.

Take a look:

It was a privilege being a part of the #RippleSwell! 🤩

Our CEO @enej_p was a speaker at the DeFi - How Blockchain Technology Is Being Leveraged By Institutional Finance panel, pointing out:

"If we started building GateHub today, we would choose #XRPLedger again."

🏃 Our customers refuse to let legacy financial systems slow them down.

@navinblockchain, Managing Director of MENA at Ripple, welcomed On-Demand Liquidity customers to share the benefits of incorporating #crypto solutions into their businesses. #RippleSwell

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