XRP current price is $0.583.

XRP current price is $0.583 with a marketcap of $26.42 B. Its price is 25.14% up in last 24 hours.

Buy / Sell Ripple

XRP (XRP)
Live Price
$0.583
24h %
25.14%
Market Cap
$26.42 B
Volume
$15.02 B
Available Supply
45.35 B XRP
Rank
3

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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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Date	Price	Volume	MarketCap

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Twitter News Feed

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Ripple@Ripple·

[email protected] leverages Ripple #ODL to provide its customers cost-effective, cross-border payments using #XRP. Learn how users can create immediate transactions. http://ow.ly/UGCU50CqHmi

Reply on Twitter 1330949706969702405 Retweet on Twitter 1330949706969702405234 Like on Twitter 1330949706969702405946 Twitter 1330949706969702405

Ripple@Ripple·

21 Nov

Learn how the OCC's embrace of digital assets is leading to an increased appetite from banks and financial institutions to integrate these payment services. http://ow.ly/2hZC50Ck9uR

Reply on Twitter 1330224771641044995 Retweet on Twitter 1330224771641044995355 Like on Twitter 13302247716410449951332 Twitter 1330224771641044995

Ripple@Ripple·

20 Nov

Through #RippleNet, @MoneyNetint can empower its global clients to receive customer payments locally, making them faster and cheaper. Learn more. http://ow.ly/uaT550CkdS6

Reply on Twitter 1329862653418876928 Retweet on Twitter 1329862653418876928228 Like on Twitter 1329862653418876928892 Twitter 1329862653418876928

Retweet on Twitter Ripple Retweeted

Brad Garlinghouse@bgarlinghouse·

19 Nov

As @brianbokeefe, @rhhackett said, it’s all about the use case. Regulators need to recognize the potential of these technologies, and provide a level playing field for responsible industry participants. #allboatsrise (2/2) https://bit.ly/3kJno2g

Reply on Twitter 1329559859914698755 Retweet on Twitter 1329559859914698755262 Like on Twitter 13295598599146987551564 Twitter 1329559859914698755

Retweet on Twitter Ripple Retweeted

Brad Garlinghouse@bgarlinghouse·

19 Nov

Never a dull moment in crypto! Institutional investor interest is skyrocketing... industry growth comes down to real world utility. As a store of value, BTC is an extremely useful inflation hedge. XRP’s speed, cost and scalability make it extremely useful for payments. (1/2)

Reply on Twitter 1329559859197448192 Retweet on Twitter 1329559859197448192701 Like on Twitter 13295598591974481923637 Twitter 1329559859197448192

XRP current price is $0.583.