|Volume / Market Cap||0.0668|
|Total Supply||99,989,164,463 XRP|
|Max Supply||100,000,000,000 XRP|
XRP is currently trading at $0.3761, after a price change of 0.74% in the last 24 hours.
Ranked as cryptocurrency #6 by capitalization today, XRP market cap is valued at $19,040,785,553. XRP trading volume reached $1,272,042,971 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on XRP coin price prediction page.XRP Coin Price Prediction
What is Ripple?
XRP is the native crypto coin of the XRP Ledger, which is a decentralized and open-source blockchain technology that requires no permissions. It was launched in 2011 by Jed McCaleb, Arthur Britto, and David Schwartz. There is an intrinsic connection between Ripple and XRP.
This technology is known for its fast transaction speed and can complete orders in 3-5 seconds. Since there is no central governing body for this asset, it is also useful for linking two distinct currencies in a quick and efficient manner.
The high scalability and low price of XRP make it suitable for powering new technologies. The main focus is on creating new utilities for XRP and changing the way payments are carried out globally. There are third-party bodies that are working to find new uses for this coin.
Users of RippleNet can take advantage of this coin to source liquidity for trans-frontier transactions. It allows them to utilize their capital with greater efficiency while also enjoying lower costs and instantaneous settlements. This coin eliminates the need to pre-fund transactions.
XRP is operated through a decentralized network comprising more than 150 validators. Since there is no need for mining, XRP saves energy and is thus considered eco-friendly.