Market Performance (Updated 35 Minutes Ago)
XRP serves as the native cryptocurrency of the Ripple network, facilitating seamless transactions across its ecosystem. Key features:
- Total Supply: 1000 billion XRP (with gradual reduction through transactions)
- Issuer: Ripple Labs (formerly OpenCoin)
- Unique Role: The only universal currency within Ripple, free from gateway restrictions
Price Metrics
Data for reference only – not investment advice
| Metric | Value |
|---|---|
| 24H Range | $2.214 - $2.3137 |
| 24H Volume | 18.787B XRP |
| 24H Transaction Value | $42.667B |
| Volume Ratio | 0.65 |
| Circulating Market Cap | $1311.31B |
| Circulating Supply | 590.68B XRP |
| Total Supply | 999.8B XRP |
👉 Discover real-time XRP price trends
Historical Milestones
Key Developments in Ripple's Evolution
- 2023: Launched Ripple Liquidity Hub; Partnered with Montenegro's central bank on CBDC
- 2020: Major XRP integrations with Zero Hash, Swiss Telecom, and Binance
- 2019: Digitec Galaxus (Swiss retailer) accepted XRP payments
- 2017: Tested blockchain consensus platform in Japan; Bill & Melinda Gates Foundation adopted Ripple tech
- 2015: Secured $28M Series A; Recognized by Euro Banking Association
- 2013: Introduced XRP as native currency
- 2004: Conceptual origins with RipplePay
Leadership Team
| Name | Position |
|---|---|
| Brad Garlinghouse | CEO |
| David Schwartz | Chief Technology Officer |
| Monica Long | SVP Marketing & Communications |
Technical Advantages
- Speed: Settles transactions in 3-5 seconds vs. traditional banking days
- Cost Efficiency: Fractional fees compared to SWIFT transfers
- Scalability: Handles 1,500+ transactions per second
👉 Explore Ripple's payment solutions
FAQ
Is XRP a good investment?
While XRP shows strong utility in cross-border payments, cryptocurrency investments carry inherent volatility. Always conduct thorough research.
How does Ripple differ from Bitcoin?
Ripple focuses on institutional payment solutions, whereas Bitcoin operates as decentralized digital gold. XRP transactions are faster and cheaper.
What's Ripple's relationship with banks?
Over 300 financial institutions use RippleNet for international payments, including Santander and American Express.
Can XRP reach $10?
Market analysts project various scenarios based on adoption rates, regulatory clarity, and overall crypto market conditions. Historical performance shows 392.7x growth from ICO price.
Future Outlook
Ripple continues expanding its global partnerships, with recent emphasis on:
- Central bank digital currency (CBDC) collaborations
- Liquidity solutions for enterprises
- Regulatory compliance advancements
Note: All financial data fluctuates in real-time. Verify current metrics before making decisions.
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