XRP
Current price
$1.31
−4.60%24h
LiveUpdated 41s ago
TodayXRP falls 4.6%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.79%
- 24 hours−4.60%
- 7 days−6.80%
- 30 days−6.49%
- 1 year−45.33%
XRP's move in context
Lagging the market today
−4.60% today against −3.26% for the market as a whole, a gap of 1.3 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−6.8% over 7 days and −6.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About XRP
XRP: The Digital Asset for Payments
XRP is a digital currency that was created with the primary purpose of enabling fast, cost-effective cross-border payments. Developed by Ripple Labs, XRP has become a significant player in the financial sector, particularly among banks and payment providers. Unlike Bitcoin, which was designed as a decentralized digital currency, XRP is focused on facilitating financial transactions, making it an essential tool for the traditional financial system.
Key Aspects of XRP
Purpose-Built for Payments: XRP was specifically designed to address the inefficiencies of traditional cross-border payments. It provides a bridge between different currencies, allowing for faster and more efficient international transactions. By using XRP, financial institutions can bypass the traditional correspondent banking system, reducing the time and cost associated with cross-border payments.
Speed and Efficiency: One of the standout features of XRP is its speed. Transactions on the XRP Ledger are confirmed in just a few seconds, making it one of the fastest cryptocurrencies available. This speed is crucial for its use in real-time settlement systems, where delays can result in significant costs.
Low Transaction Costs: XRP transactions are not only fast but also inexpensive. The cost of transferring XRP is typically just a fraction of a cent, making it an attractive option for both high-volume and microtransactions. This low cost is a significant advantage in the financial industry, where transaction fees can quickly add up.
Decentralization and Consensus Protocol: XRP operates on the XRP Ledger, a decentralized blockchain that is maintained by a network of independent validators. Unlike Bitcoin, which relies on a proof-of-work system, XRP uses a consensus protocol that does not require mining. This approach allows for faster and more energy-efficient transaction validation.
Financial Institution Adoption: XRP has been adopted by several major financial institutions as a bridge currency for cross-border payments. Its use in the traditional financial system highlights its potential to streamline and modernize the way money moves across borders.
Regulatory Challenges: Despite its advantages, XRP has faced legal challenges, particularly in the United States. The SEC's lawsuit against Ripple Labs, alleging that XRP is an unregistered security, has created uncertainty in the market. However, the outcome of this case could have significant implications for the future of XRP and the broader cryptocurrency industry.
XRP market
- Position by market cap among the coins we track.
- #5
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $82.5B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.29High $1.38
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $3.65
- Now 36% of itReached 18 Jul 2025 · Needs +179% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 63.13B XRP
- 63% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 99.99B XRP
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 100B XRP
- The most coins that can ever exist. Some coins have no limit.
XRP converter
1 XRP = $1.31
