1D
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USD

Ripple ($XRP)

XRP Price
$0.840294
-1.54%
Market Cap
$38.81B
-1.54%
Volume
$3.48B
6.88%
Transp. Vol.
22%13.46%
Grade
A gradeA grade
Rank
#8

XRP / Ripple Chart

(24 hour)
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Ripple Daily Performance

Today's Ripple price is $0.840294, which is down 2% over the last 24 hours. Ripple's market cap is $38.81B. 24 hour XRP volume is $3.48B. It has a market cap rank of 8 with a circulating supply of 46,189,574,356 and max supply of 100,000,000,000. Ripple is traded on exchanges. Ripple had an all-time high of $2.7700 over 3 years ago. Over the last day, Ripple has had 22% transparent volume and has been trading on 1,510 active markets with its highest volume trading pairs being .

XRP Data Highlights
Ripple Price (24hr)$0.840294 (-1.54%)
Market Cap$38.81B (-1.54%)
Trading Volume (24hr)$3.48B (6.88%)
Transparent Vol. (24hr)
$759.23M22% (13.46%)
Transparency GradeA gradeA grade(Transparent)
Circulating Supply46,189,574,356 (46.19%)
7D Price Prediction
N/A
1st 1D CandleMay '13
1st TradeMay '13
1st OrderbookAug '18
Exchanges254
Trading Pairs1,510
Updated29 seconds

Ripple Statistics

Price

$0.840294
Price Change
-$0.013166 (-1.54%)

All-Time High

$2.7700
Date of ATH1/7/2018
Days Since ATH1252
% of ATH30.34%
Price vs ATH

Market Cap

$38.81B
Mkt Cap Change
-$608.11M-$608,110,590 (-1.54%)
Mkt Cap Rank8
Mkt Dominance2.38%
Mkt Dominance

Circulating Supply

46,189,574,356
Max Supply100,000,000,000
% in Circulation46.19%
% in Circulation

Volume

$3.48B$3,484,851,327
Vol. Change
$224.40M$224,396,671 (6.88%)
Exchange VolumeUnknown

Transparent Volume

22%
Transparent Volume (Δ)
13.46%
Transparent Volume
A - 22%
B - <1%
C - 46%
D - 31%
? - 1%

About Ripple

XRP is the native digital asset of the Ripple platform. Ripple aims to connect banks and payment providers to provide a frictionless experience for sending and receiving money globally. It was originally designed as a day-to-day payment system, to speed up and reduce the costs of transactions, and provide a mediatory currency for exchanges and conversions with minimum commission.

Software developer Ryan Fugger founded the original Ripple project in 2004. The core idea behind the protocol was a peer-to-peer trust network of financial relations that would replace banks. Based on the premise that money is simply a bank’s promise of value, he aimed to create a monetary system where the promise of an individual held just as much weight. His concept was launched in 2005 as RipplePay, a financial service allowing users to extend credit lines to friends and family and make secure payments in traditional and online currencies.

In 2012, Jed McCaleb, an American programmer and entrepreneur, along with Chris Larsen, an angel investor and startup executive, approached Ryan with a digital currency idea. Jed had been working on a digital currency system in which transactions were verified by consensus among members of the network. After discussions, Ryan handed over the reins to Jed and Chris, who co-founded the corporation OpenCoin, to develop the Ripple protocol (RTXP) and the Ripple payment and exchange network. The company later changed its name to Ripple Labs.

The Ripple platform is similar to Ethereum in that it has its a native currency (XRP) but is also open-source, allowing users to build their own assets and products on top of the existing platform. Ripple uses its proprietary patented technology, the ‘Ripple protocol consensus algorithm’ (RPCA), to verify transactions. It is argued that XRP is not technically a cryptocurrency because it is controlled by one company and transactions are processed by its network of approved validators.

Ripple released its XRP token in January 2013. Like traditional cryptocurrencies, it is based on a public chain of cryptographic signatures. The company initially set the supply of XRP at 100 billion of which 80 billion tokens were allocated to the company and 20 billion were given to the three founders. On June 13, 2016, Ripple obtained a virtual currency license from the New York State Department of Financial Services, making it the fourth company with a BitLicense.

XRP enhances Ripple’s software by acting as a bridge between traditional fiat currencies, providing liquidity and speeding up cross-border transactions; however, it is not essential to the network and doesn’t have to be used.

RippleNet is what Ripple calls the network of financial institutions using its products. There are three core segments: xCurrent for processing payments, xRapid to source liquidity, and xVia to connect to the network and send payments.

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Ripple Markets

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Ripple Historical Data

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Frequently Asked Questions

  • What’s the current Ripple price? How much is 1 Ripple worth?

    The price of 1 Ripple is $0.840294. Over the last 24 hours, a Ripple is worth -1.54% less. Go here to convert XRP prices to currencies other than USD.
  • When did Ripple start?

    The earliest trading data for Ripple is on May of 2013 (based on current exchange data).
  • How high can the Ripple price go?

    Ripple’s price has gone as high as $2.7700 (which is XRP’s all-time high). It achieved this price over 3 years ago. Speculations abound for how high Ripple’s price will get in the future.

Today's XRP / Ripple News for June 12, 2021

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