XRP current price is $0.4808.

XRP current price is $0.4808 with a marketcap of $21.98 B. Its price is 1.26% up in last 24 hours.

Buy / Sell Ripple
  • ripple
    XRP (XRP)
  • Live Price
  • 24h %
  • Market Cap
    $21.98 B
  • Volume
    $3.38 B
  • Available Supply
    45.79 B XRP
  • Rank

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Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count. Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon. In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense. XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

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Twitter News Feed

#RippleNet is partnering with Mobile Money and @bKash_ltd to power seamless e-payment solutions between Malaysia & Bangladesh. Learn more. https://on.ripple.com/30l6qzk

Today, we’re announcing that Ripple and MGI have together decided to wind down our current partnership agreement, and are both committed to revisiting it in the future. See our full statement: 1/2 https://ripple.com/ripple-press/our-statement-on-partnering-with-moneygram/

.@danprimack - as you aptly said, “The crypto industry is now large enough and old enough that it deserves a US regulatory framework, whether benefitting Ripple or not.” The outcome of this lawsuit will define how the US treats future crypto innovation (not just Ripple and XRP). https://twitter.com/axios/status/1368969310996213767


Ripple CEO calls for clearer crypto regulations following SEC lawsuit

This #InternationalWomensDay, we're putting a spotlight on the women at Ripple making monumental strides in the #blockchain industry. Learn how Shae Wang is bringing new data-driven perspectives to Ripple. https://on.ripple.com/38nLts5

ATTN Developers🚨 : in search of guidance on how to build a topology library for your software? Look no further – check out the one we developed for #RippleNet. https://on.ripple.com/2OwfeQs

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