XRP
XRPWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$1.35
24 Hour % Change
14.80%
Market Cap
$135.13B
Volume (24h)
$26.80B
USD
Linear
Log
to
Key metrics
24 Hour Low
$1.16
24 Hour High
$1.49
Net change
$0.173220
24 Hour Open
$1.17
All time high
$3.40
Total Supply
99.99B
Returns (24H)
14.80%
Returns (YTD)
526.33%
Volatility (30d)
1.80
Transaction Count (24h)
1.34M
Average Transaction Fee (24h)
$0.004523
Value Transacted (24h)
$2.77B
About XRP
Category
Currency
Value proposition
Payments
XRP is known as a Real Time Gross Settlement System which is a ‘currency exchange and remittance network’ that independent servers validate. The currency traded is known as XRP and transfer times are immediate. XRP can be exchanged for most other currencies with its unique selling proposition being the avoidance of fees and wait times often associated with banks. It isn’t made up of a blockchain but rather a Hash Tree and its currency can’t be mined because there are a finite number of coins – 100 billion. XRP is popular with banks and institutions though the XRP token isn’t necessarily required for each transaction.
The XRP price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Cryptocurrency Q&A: A Boom Or Bust?
Apr 7, 2021
Cryptocurrency continues to make headlines with bitcoin and ethereum leading the way. Reaching record highs recently, bitcoin, in particular, has attracted the attention of the investment community. Will cryptocurrency maintain the same level of interest that was seen towards the end of 2020 and now into 2021? In this in-depth
The XRP token's price continues to draw support from a community of loyal and devoted cryptocurrency traders.
Bitcoin Security Modeling
Apr 6, 2021
Photo by peshkov/iStock via Getty ImagesOver the past decade, the bitcoin network has been the most secure public blockchain. This is because it has by far the highest market capitalization and hash rate in the asset class, along with customized hardware required to mine it, meaning that the cost for
XRP has completely recouped its losses resulting from the SEC's lawsuit against Ripple Labs late last year.
The crypto asset could be used as a "neutral bridge" between different currencies, Ripple says.
