Coins: 2170
Exchanges: 159
Dominance:
BTC 43.5%
ETH 16.0%
BCH 4.67%
  • Market Cap
    $17,809,607,964.92
  • 24 Hour Trading Vol
    $281,802,177.56
  • 24h Low / 24h High
    $0.43 / $0.46
  • Available Supply
    39.3 Billion / 100 Billion
XRP
USD

XRP (XRP) Overview

Complete Metrics Score
76%
Total
Major Exchanges Trading Activity
80%
Liquidity
Source Code Repository Activity
82%
Developer
Social Media & Discussion Board
69%
Community
Price Chart
About

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.

Quick Stats
XRP Price $0.45
XRP Price in BTC Ƀ0.00006135
Market Cap $17,809,607,964.92
Trading Volume $281,802,177.56
24h Low / 24h High $0.43 / $0.46
Gecko Rank #4
Market Cap Rank #3
All-Time High $3.40
Since All-Time High
-87%
All-Time High Date 2018-01-07 (7 months)
24 Hours
0.26%
7 Days
3.4%
14 Days
-5.2%
30 Days
-16%
60 Days
-33%
1 Year
150%
Twitter Sentiment
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Links
Homepage https://ripple.com/currency/
Blockchain/Supply https://ripple.com/graph
Discussion Forum https://www.xrpchat.com
Misc. Info
Genesis Date -
Hashing Algorithm -
Hashrate N/A
Block Time minutes
Available/Total Supply 39.3 Billion / 100 Billion
# Exchange Pair Price 24h Volume Volume %
1
Updated 3 minutes ago
$0.45
50.625 JPY
$49,194,309.64
108276068.188 XRP
41.69%
2
Updated less than a minute ago
$0.45
0.00006135 BTC
$18,919,474.19
41766196.000 XRP
16.04%
3
Updated 2 minutes ago
$0.45
0.4541 USDT
$18,679,776.59
41320871.224 XRP
15.83%
4
Updated 2 minutes ago
$0.45
0.00006128 BTC
$15,711,369.21
34716450.114 XRP
13.32%
5
Updated 18 minutes ago
$0.45
0.00006138 BTC
$15,480,147.93
34145807.000 XRP
13.12%
2861
Stars
471
Watchers
853
Forks
70
Contributors
298
Merged Pull Requests
311 / 453
Closed Issues / Total Issues