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Key Stats
Trading Volume (24hr)
$3.2B
Circulating Supply
61.9B
Market Cap
$72.4B
Total Supply
99.9B
Holders
--
Max Supply
100.0B
FDV
$116.8B
Funding Rate
-0.011979%
Date of Creation
--
What is XRP (XRP)?
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.
Core Team
Investors
Breaking News
Today Jun 04 2026
17:11
Charles Hoskinson posts, "I'm taking a break. TTYL," and Cardano drops 10%
17:04
Crypto analyst Steph Is Crypto predicts a potential XRP recovery based on a decade-long trendline and a double bottom pattern near $1.12. Drawing parallels with XLM's recent performance, he suggests that if XRP holds support and closes weekly above $1.30, a significant upside rally could follow, contrary to current market sentiment.
17:02
The CLARITY Act's inclusion in the US Senate agenda has triggered a surge in XRP, with investors viewing clear regulations as a catalyst for wider crypto adoption and expanded institutional access.
16:03
Binance has expanded its platform to include nine XRP-related financial products, offering its 300 million users diverse exposure ranging from spot ETFs to leveraged options. Notably, the listing includes XRPN, linked to Evernorth, an active XRP treasury company going public via a SPAC merger. This move, alongside existing U.S. spot ETFs, signifies a major structural shift, increasing institutional access and potentially reducing circulating supply through treasury accumulation.
15:53
Dave Portnoy vows to hold his XRP and Bitcoin despite significant losses, citing a strategic million-dollar rationale for staying invested in the volatile crypto market.
15:33
The perceived rivalry between XRP and SWIFT may be based on a misunderstanding of their distinct roles. Experts argue that SWIFT serves primarily as a messaging layer, while XRP acts as a settlement asset. Consequently, major banks are likely adopting a hybrid approach, integrating blockchain messaging protocols alongside traditional infrastructure rather than choosing one over the other, suggesting a collaborative future for global payments.
15:22
Despite a recent 10% price drop amid broader market declines, Ripple continues to expand through key partnerships involving its RLUSD stablecoin and a new Washington D.C. office. While XRP spot ETFs recently saw their first daily outflow, they maintain strong cumulative inflows exceeding $1.42 billion, though whale selling pressure poses short-term risks.
15:18
XRP has dropped significantly from $3.65 to $1.20 over a year, causing investor pessimism. However, analysts suggest this decline might be a bear trap, potentially offering a final buying chance before a sharp price increase.
15:06
Ripple celebrates XRP's 14th anniversary with reflections from former CTO David Schwartz and CEO Brad Garlinghouse, who praised the community's resilience through legal battles. While many expressed pride in the ecosystem's growth and regulatory clarity, some investors voiced frustration over stagnant prices and perceived unequal benefits, highlighting the mixed sentiments within the XRP family.
14:41
Analyst EGRAG CRYPTO suggests XRP is experiencing a historic RSI reset alongside a $60M open interest flush. While currently painful, this deep correction mirrors past cycles that preceded major rallies. With key support holding and leverage being washed out, the market may be setting the stage for a significant bullish expansion once momentum rebuilds above the critical RSI 44 level.
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