The live Ripple (XRP) price is $1.36, with a 24 hours Blynex trading volume of 980.41 K. The price of XRP changed by +22.38% in the past 24 hours. With a circulating supply of 56.81B XRP and a maximum supply of 100B XRP coins. Ripple currently ranks #7 in market cap. You have the option to purchase Ripple (XRP) on the Blynex exchange.
(XRP) Ripple Live Price Data
Markets
Market | Price | 24h % | 24h High | 24h Low | 24h Volume | |
---|---|---|---|---|---|---|
XRP/USDT | $1.3623 | +22.38% | 1.374 | 1.0798 | 1.16 M | Trade |
About Ripple (XRP)
Ripple (XRP) is a digital payment protocol designed to facilitate fast and cost-effective cross-border transactions. Created by Ripple Labs Inc., XRP serves as the native cryptocurrency of the Ripple network, which aims to revolutionize the global financial system by enabling real-time, secure, and low-cost international payments. Buying XRP on RippleNet is simple and secure. Register, verify your identity, deposit funds, and start trading. Learn more from our guide on How to Buy Ripple (XRP).
What is Ripple (XRP)?
Ripple (XRP) is a digital currency and payment protocol designed for fast, low-cost cross-border transactions. Unlike traditional banking systems that take days to process international payments, Ripple’s consensus ledger enables real-time settlement, making XRP an efficient bridge currency that reduces costs and enhances liquidity for financial institutions.
Ripple (XRP) was developed by Ripple Labs Inc., founded by Chris Larsen and Jed McCaleb in 2012. Ripple Labs created the Ripple protocol with the goal of transforming the global financial system by providing faster and more efficient cross-border payment solutions. Today, Ripple technology is used by numerous financial institutions to streamline international transactions.
Unlike traditional blockchains, Ripple operates on a consensus ledger maintained by a network of independent validators. These validators reach consensus within seconds, ensuring rapid and secure transaction processing. Ripple’s consensus model reduces the risk of fraud and provides a transparent solution for cross-border payments, making it an appealing option for banks and financial service providers.
XRP has a fixed supply of 100 billion tokens, with about 55 billion currently in circulation and the remainder held by Ripple Labs for future development. XRP is designed to serve as a bridge currency, reducing liquidity costs and transaction fees for financial institutions. Transaction fees are also burned, adding a deflationary aspect to XRP’s tokenomics.
With partnerships across the financial sector and a technology stack that bridges digital assets and traditional finance, Ripple is at the forefront of modernizing global payments. Its efficient, low-cost solution supports Ripple’s vision of a streamlined financial infrastructure, positioning XRP as a crucial tool in the evolution of cross-border finance.
XRP to local currency
- XRP to USD1.367 |
- XRP to EUR1.305 |
- XRP to AUD2.098 |
- XRP to KRW1,914.437 |
- XRP to JPY211.120 |
- XRP to GBP1.086 |
- XRP to INR115.533 |
- XRP to CAD1.910 |
- XRP to AED5.021 |
- XRP to RUB138.505 |
XRP to crypto currency
- XRP to BTC0.0000139636 |
- XRP to ETH0.0004117601 |
- XRP to USDT1.366 |
- XRP to BNB0.002 |
- XRP to SOL0.005 |
- XRP to ADA1.585 |
- XRP to TRX6.871 |
- XRP to LTC0.015 |
- XRP to TON0.248 |
- XRP to DOGE3.559 |