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
$0.540056
24 Hour % Change
-21.79%
Market Cap
$54.00B
Volume (24h)
$16.20B
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.467636
24 Hour High
$0.723846
Net change
$-0.149536
24 Hour Open
$0.686126
All time high
$3.40
Total Supply
99.99B
Returns (24H)
-21.79%
Returns (YTD)
185.62%
Volatility (30d)
1.48
Transaction Count (24h)
1.50M
Average Transaction Fee (24h)
$0.000673
Value Transacted (24h)
$1.24B
About XRP
Category
Value proposition
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
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