$2.16
XRP Price | $2.16 |
24h High / 24h Low | $2.09 / $2.18 |
Trading Volume | $3,390,533,535.00 |
Price Change (24h) | $0.01 |
Price Change Percentage (24h) | 0.26% |
Market Cap Rank | #4 |
Market Cap | $126,027,592,203.00 |
Market Cap Change (24h) | $282,499,090.00 |
Market Cap Change Percentage (24h) | 0.225% |
Volume / Market Cap | 0.0269 |
All-Time High | $3.40 |
All-Time Low | $0.00 |
XRP is the native cryptocurrency of the Ripple network, designed for fast cross-border payments.
Ripple Labs, founded by Chris Larsen and Jed McCaleb in 2012.
XRP is designed for fast, low-cost cross-border payments with scalability.
XRP is secured by a consensus protocol called the Ripple Protocol Consensus Algorithm (RPCA), which does not rely on proof-of-work or proof-of-stake.
XRP serves as a bridge currency for cross-border payments and acts as a utility token within the Ripple ecosystem.
XRP is upgraded through proposals from Ripple Labs and validators on the network, requiring consensus to implement changes.
Corporate holders include Ripple Labs and institutional partners using XRP for cross-border payments.
Explore the economic structure behind XRP. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand XRP's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.
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