Current price: about $3.10–$3.16 with 24h volume around $5.4B–$6.3B and market cap roughly $174B–$185B, based on multiple live trackers checked on Aug 16, 2025.
All-time supply: fixed at 100 billion XRP; circulating supply has been reported around 57 billion as of late 2024, with remaining tokens released from escrow on a schedule.
Use case: fast, low-cost cross-border payments and on-ledger asset exchange on the XRP Ledger (XRPL).
Launch: XRPL launched in 2012 by engineers David Schwartz, Jed McCaleb, and Arthur Britto; Ripple was co-founded later that year with Chris Larsen to drive payments adoption.
Price/market: real-time finance pages and major aggregators consistently show XRP around $3.10–$3.16 with multibillion daily volume and market cap in the mid-$100B range as of this morning, Aug 16, 2025.
Protocol overview and docs: XRPL.org describes the ledger, consensus, features, and developer resources.
History, founders, and U.S. 2023 decision summary: background sources describe XRPL’s 2011–2012 origins and the 2023 SDNY ruling language on XRP’s token status vs. certain sales contexts.
Supply model and escrow: exchange primers note fixed 100B supply, pre-issuance, and escrow release mechanics; circa 57B circulating as of Dec 2024.
$XRP
All-time supply: fixed at 100 billion XRP; circulating supply has been reported around 57 billion as of late 2024, with remaining tokens released from escrow on a schedule.
Use case: fast, low-cost cross-border payments and on-ledger asset exchange on the XRP Ledger (XRPL).
Launch: XRPL launched in 2012 by engineers David Schwartz, Jed McCaleb, and Arthur Britto; Ripple was co-founded later that year with Chris Larsen to drive payments adoption.
Price/market: real-time finance pages and major aggregators consistently show XRP around $3.10–$3.16 with multibillion daily volume and market cap in the mid-$100B range as of this morning, Aug 16, 2025.
Protocol overview and docs: XRPL.org describes the ledger, consensus, features, and developer resources.
History, founders, and U.S. 2023 decision summary: background sources describe XRPL’s 2011–2012 origins and the 2023 SDNY ruling language on XRP’s token status vs. certain sales contexts.
Supply model and escrow: exchange primers note fixed 100B supply, pre-issuance, and escrow release mechanics; circa 57B circulating as of Dec 2024.
$XRP