Buy Crypto
Pay with
Markets
NFT
New
Downloads
English
USD
Home
Crypto prices
XRP Price

XRP Price(XRP)

Currency
Currency
XRP Price Calculator
Buy
XRP
Price
USD $ 0.00
Buy XRP
Binance has the lowest transaction fee rate amongst all major trading platforms.
Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
$ 0.4837674
+23.86%
(1D)

XRP Price Live Data

The live price of XRP is $ 0.4837674 per (XRP / USD) today with a current market cap of $ 24.12B USD. 24-hour trading volume is $ 4.75B USD. XRP to USD price is updated in real-time. XRP is +23.86% in the last 24 hours. It has a circulating supply of 49.85B USD.
XRP Price Performance USD
ChangeAmount%
Today$ 0.1154462+23.86%
30 Days$ 0.1920542+39.70%
60 Days$ 0.1594967+32.97%
90 Days$ 0.1514073+31.30%

XRP Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.3880088
High: $ 0.489285
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 3.8419399
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.18%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+23.86%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+47.35%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+47.35%
The percent change in trading volume for this asset compared to 7 days ago.

XRP Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#6
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 24.12B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 4.75B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
49.85B
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
49.85B
Circulating supply shows the number of coins or tokens that have been issued so far.

About Ripple (XRP)

Ripple (XRP) is a decentralized payment network that was built to replace the traditional money transfer network, SWIFT. Ripple is a uniquely designed blockchain that works on a consensus model in which all nodes given access to the system must validate transactions on the network. This model ensures that payments on the network are subject to considerable security measures without compromised efficiency. Transactions on Ripple are typically completed within four to five seconds, much faster than some on other independent blockchain networks that use different protocols. XRP price is updated live on Binance.

The Ripple network is powered by its native cryptocurrency, XRP; A fractional .00001 XRP is charged for every transaction processed on the underlying XRP Ledger (XRPL). Another interesting feature of XRP is that miners receive their validation fees from the aforementioned charge, as all XRP coins were placed into circulation when the network was first launched. This makes Ripple stand out in the cryptocurrency industry, and such factors can affect XRP price.

Despite a suit brought about by the US Securities and Exchange Commission (SEC) in 2020, Ripple has maintained its position among the top 10 cryptocurrencies by volume. The network is still promoted as a superior payment system despite the ongoing suit claiming that Ripple should have registered as a security, allegations that have been consistently denied since they were first made.

XRP also functions as an intermediary on the XRPL network, which is able to swap digital and fiat currencies through its network DeFi protocol. This means XRP is used in the processing of digital and fiat currency transfers on XRPL network. When XRPL was originally engineered in 2012 by Jed McCaleb, Arthur Britto and David Schwartz prior to the formation of the blockchain company, the idea was for Ripple to be a global payment network that would offer a better solution than the traditional banking and financial systems in place. Ripple Labs worked to enhance global payment capabilities, rather than to replace the old system.

People Also Ask: Other Questions About XRP

  1. What Does XRP Stand For?

    The term XRP comes from the standard of three-digit currency codes being used to label individual currencies, such as USD for the US dollar, EUR for the Euro, and GBP for the British pound. In this case, XRP refers to  any interchangeable (X) currency, represented by RP or Ripple on the blockchain network. Essentially, any currency (X) can be swapped on the XRP network by using Ripple (RP) as an exchange medium.

  2. What is the Purpose of XRP and Ripple?

    Ripple was built as a global payment network and gateway that facilitates efficient, inexpensive payments worldwide. This is made possible by its native coin, XRP, a ‘payment currency’ that facilitates the swapping of a wide variety of digital and physical currencies on the Ripple blockchain and decentralized ledger.

  3. Who Started Ripple and When?

    XRP can be purchased directly from Binance using a debit or credit card. XRP can also be traded for other cryptocurrencies on the Binance exchange. Live XRP price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy XRP (Ripple) Guide.

  4. Where Was Ripple Founded?

    Ripple Labs is the San Francisco-based blockchain and tech company responsible for the Ripple payment protocol and decentralized network. At its inception in 2012, it was originally called OpenCoin, and later renamed Ripple in 2015.

  5. How Does Reward Validation Work on Ripple?

    Since all 100 billion XRP coins were released into circulation upon the launch of Ripple’s mainnet, network validation fees are paid to validators on the network by charging a small portion (.00001) of XRP, which is paid out directly from the transactors during the process.

  6. How Many XRP Coins are in Supply and Circulation?

    The total maximum supply of XRP is set at 100 billion. However, with every XRP transaction, a small percentage of the token is also burned, further lowering the total remaining circulating supply. At the time of writing, there are 48,343,101,197 XRP tokens in circulation.

  7. What Makes the Ripple Payment System Different from Others?

    While the XRPL system is decentralized, Ripple uses a private system of bank-governed servers to facilitate transactions on its network. Between this and the centralized consensus method — which requires all nodes to reach a combined consensus — security is heightened on the XRPL, while speed remains fast and cost low.

  8. How Has the SEC Lawsuit Against Ripple Labs Affected the Network?

    The lawsuit brought by the US SEC against Ripple is still in progress at the time of writing. However, the XRPL is considered a highly effective digital payment gateway, so with servers secured by private banks and financial institutions, the XRPL is still actively used to send global payments.

  9. How to Buy XRP? 

    XRP can be purchased directly from Binance using a debit or credit card. XRP can also be traded for other cryptocurrencies on the Binance exchange. Live XRP price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy XRP (Ripple) Guide.

Top News
Binance Market Update (2022-09-22)
The global cryptocurrency market cap now stands at $0.94T, up by 1.66% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $18,126 and $19,493 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $19,314, up by 1.65%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include PROS, RSR, and XRP, up by 27%, 20%, and 19%, respectively.Top stories of the day:IMF Calls on Regulators to Work Toward a Global Regulatory FrameworkCelsius Network Revival Plan to Include Issuing Wrapped AssetsHelium Ditches Own Blockchain in Favor of Solana After Community VoteOpenSea Expands to Layer-2 Rollups With Arbitrum IntegrationEU Finalizes Legal Text for Landmark Crypto Regulations Under MiCACardano’s Vasil Hard Fork Gets Closer With Key Stats AcquiredNasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces CryptoIran to Pilot Digital Rial This WeekEl Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 WeeksMarket movers:LUNA: $2.6228 (+0.92%)ETH: $1325.01 (+0.21%)BNB: $274.5 (+2.04%)XRP: $0.4835 (+18.56%)ADA: $0.4625 (+3.61%)SOL: $32.49 (+3.01%)DOGE: $0.05914 (+1.35%)DOT: $6.46 (+3.19%)MATIC: $0.7546 (+2.85%)SHIB: $0.00001084 (+1.69%)Top gainers on Binance:PROS/BUSD (+27%)RSR/BUSD (+20%)XRP/BUSD (+19%)
Binance
2 hrs ago
#Binance
#Markets
#Cryptocurrency
#Binance
#Markets
#Cryptocurrency
Binance
2 hrs ago
#Binance
#Markets
#Cryptocurrency
#Binance
#Markets
#Cryptocurrency
Binance Market Update (2022-09-22)
The global cryptocurrency market cap now stands at $0.92T, down by -0.77% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $18,126 and $19,966 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $18,993, down by -1.04%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PROS, UFT, and NEBL, up by 26%, 25%, and 24%, respectively.Top stories of the day:IMF Calls on Regulators to Work Toward a Global Regulatory FrameworkCelsius Network Revival Plan to Include Issuing Wrapped AssetsHelium Ditches Own Blockchain in Favor of Solana After Community VoteOpenSea Expands to Layer-2 Rollups With Arbitrum IntegrationEU Finalizes Legal Text for Landmark Crypto Regulations Under MiCACardano’s Vasil Hard Fork Gets Closer With Key Stats AcquiredNasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces CryptoIran to Pilot Digital Rial This WeekEl Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 WeeksMarket movers:LUNA: $2.6034 (+1.00%)ETH: $1271.72 (-5.36%)BNB: $268.5 (+0.41%)XRP: $0.4339 (+10.13%)ADA: $0.45 (+1.42%)SOL: $31.92 (+1.33%)DOGE: $0.05907 (+1.18%)DOT: $6.37 (+1.43%)MATIC: $0.7347 (+0.60%)SHIB: $0.00001069 (+1.33%)Top gainers on Binance:PROS/BUSD (+26%)UFT/BUSD (+25%)NEBL/BUSD (+24%)
Binance
6 hrs ago
#Binance
#Markets
#Cryptocurrency
#Binance
#Markets
#Cryptocurrency
Binance
6 hrs ago
#Binance
#Markets
#Cryptocurrency
#Binance
#Markets
#Cryptocurrency
As XRP Rallies, Some Traders Buy Year-End Bullish Bets in the Options Market
Payments-focused cryptocurrency XRP has rallied sharply this month, outshining larger cryptocurrencies. Some traders are snapping up bullish bets in the options market in hopes of continued gains into the year-end.The cryptocurrency, ranked fifth by market value, traded at $0.426 at press time, a 28% gain for the month, according to CoinDesk data. Market leaders bitcoin and ether were down 4.5% and 17%, respectively."We have seen interest in buying XRP year-end upside call options in anticipation of a resolution in the ongoing lawsuit with the U.S. Securities and Exchange Commission," Dick Lo, the founder and CEO of Hong Kong-based quant trading firm and liquidity provider TDX Strategies, said.A call is a derivative contract giving the purchaser the right but not the obligation to buy the underlying asset – in this case, XRP – at a predetermined price on or before specific expiry date. A call, therefore, is preferred by bullish speculation, while a put option represents a bearish bet.In December 2020, the Securities and Commission (SEC) charged San Francisco-based payment protocol developer Ripple Labs, which has close ties with XRP, for violating securities laws by raising $1.3 billion through XRP sales to investors. As a result, the token crashed even as bitcoin and the broader market went berserk.Last week the SEC and Ripple Labs filed for a so-called summary judgment – a legal process where a court makes a decision based on the facts that have been provided without ordering a trial – raising expectations of a final ruling before the year-end. That would eliminate a significant source of uncertainty in the XRP market.The XRP rally indicates that news or event-driven trading is the flavor of the season. Another sign: ATOM rallied sharply early this month on expectations that network Cosmos will announce the interchain security at a Sept. 26 conference, opening doors for the token to capture value from the entire network. Chart showing a bullish breakout in XRP (TradingView)For XRP, the daily chart appears to have flipped bullish with the token exiting a 10-month-long bearish trendline."If the ruling is in Ripple's favor, XRP could rally quickly to $0.68 and then potentially to $0.93 (Fibonacci retracement levels)," Lo told CoinDesk, adding that fund clients and high-net-worth individuals have been buying $0.50 strike XRP calls expiring on Dec. 30.Theoretically, buyers of the $0.5 strike calls are betting that the cryptocurrency will rally beyond $0.5 before the expiry."Buying a call option provides exposure to the potentially explosive upside move while capping the potential loss," Lo said.A call buyer pays compensation in the form of options premium to the seller for offering protection against price rallies. The premium paid is the maximum money a call buyer stands to lose in case of a market slide. In contrast, the maximum profit can be unlimited, because, in theory, an asset can rally to infinity.However, trading options is generally more complicated as several factors, such as time to expiry and volatility, influence prices. It is better suited for sophisticated or institutional investors with ample capital supply.
Omkar Godbole - CoinDesk
12 hrs ago
#Options
#Ripple
#Options
#Ripple
Omkar Godbole - CoinDesk
12 hrs ago
#Options
#Ripple
#Options
#Ripple
Top Blog
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.