Home
Crypto prices
XRP Price
XRP price

XRP Price(XRP)

Currency
Currency
Buy XRP
Trade XRP
XRP logo
XRP
1 XRP =
USD $0.59538
Buy XRP
Last updated 2024/07/23 12:50 (UTC)
Binance has the lowest transaction fee rate amongst all major trading platforms.
Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
No records
$ 0.59538
-3.18%
1D
Page last updated: 2024-07-23 12:50 (UTC+0)
How do you feel about XRP today?
Good
16
Bad
0
Note: This information is for reference only.

Price of XRP today

The live price of XRP is $ 0.59538 per (XRP / USD) with a current market cap of $ 33.29B USD. 24-hour trading volume is $ 1.87B USD. XRP to USD price is updated in real-time. XRP is -3.18% in the last 24 hours with a circulating supply of 55.91B.
XRP Price History USD
Date ComparisonAmount Change% Change
Today$ -0.019546-3.18%
30 Days$ 0.109566+22.55%
60 Days$ 0.063414+11.92%
90 Days$ 0.052458+9.66%

XRP Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.592299
High: $ 0.622663
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.
$ 3.84194
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.
-0.28%
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.
-3.18%
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.
+8.8%
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.
#7
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.
$ 33.29B
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.
$ 1.87B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
55.91B
55.91%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
100.00B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 59.54B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

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.

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.

In February 2023, XRP Ledger (XRPL) developers unveiled a proposal for a cross-chain bridge they believe would expand the blockchain's functionality. The live price of XRP is updated and available in real time on Binance.

SEC Vs Ripple Update: XRP Partially Wins Lawsuit Against SEC

In July 2023, Ripple achieved a partial victory in its legal battle against the U.S. Securities and Exchange Commission (SEC). The court determined that the sale of Ripple's XRP tokens through exchanges and algorithms did not qualify as investment contracts. 

However, the court concluded that Ripple's institutional sales of XRP were indeed an unregistered securities offering. This ruling establishes a precedent that could impact other cryptocurrencies, including Solana (SOL), Cardano (ADA), Polygon (MATIC), and other tokens facing similar allegations of being unregistered securities. 

The decision highlights the evolving regulatory landscape surrounding cryptocurrencies and the potential implications for their classification in the future.

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.

People Also Ask: Other Questions About XRP

  1. What is Ripple (XRP)?

    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 All-Time High and All-Time Low of Ripple (XRP)?

    On January 4, 2018, XRP achieved its highest price point of all time, reaching $3.92 in trading value. XRP’s lowest recorded price was recorded on July 7, 2014, when it was valued at $0.002802.

  3. How does Ripple (XRP) work?

    XRP is a digital currency that operates on a distributed ledger system. Unlike traditional blockchain technology, it utilizes a different distributed ledger system to facilitate the transfer of tokens representing various units of value. XRP's open-source protocol allows anyone to access it without prior approval, providing banks and non-bank actors with the ability to integrate the Ripple protocol into their own systems. As per the team, XRP's technology has the potential to transform the way we transfer value and could become a vital tool for businesses seeking to streamline their payment processes.

  4. What is Ripple (XRP) Used For?

    XRP is a cryptocurrency that was designed to facilitate cross-border transactions quickly and cost-effectively. It is the native digital asset of the Ripple network, which is a real-time gross settlement system and currency exchange.

    As a ‘payment currency’, XRP facilitates the swapping of a wide variety of digital and physical currencies on the Ripple blockchain and decentralized ledger.

    Among XRP's key advantages are its speed. Transactions on the Ripple network, as per the team, can be processed in just a few seconds. In addition, XRP claims to offer lower transaction fees compared to traditional financial systems. This is because the Ripple network operates on a decentralized system, which eliminates the need for intermediaries like banks or payment processors.

  5. Who are the Founders of Ripple (XRP)?

    XRP was developed in 2011 when three engineers — David Schwartz, Jed McCaleb and Arthur Britto — fascinated by Bitcoin, set out to create a more sustainable digital network to be used for payments and global transactions.

    Subsequently, the XRPL was born and shortly after, in June 2012, the network was launched. The company NewCoin was formed a few months later, after which it was renamed OpenCoin. Finally, the cryptocurrency project was renamed Ripple in 2015.

  6. How Does Reward Validation Work on Ripple (XRP)?

    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.

  7. What is the Maximum Token Supply of Ripple (XRP)?

    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 over 51 billion XRP tokens in circulation.

  8. What Makes Ripple (XRP) 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.

    The XRP Ledger is a payment platform that offers various use cases including micropayments, DeFi, and NFTs. It supports developers with Python, Java, and JavaScript, and provides flexibility and utility to enterprises. XRP Ledger's website offers developers tutorials on various coding languages, app development, and account management. The platform is used to create solutions for inefficiencies in remittance and asset tokenization. The five primary use cases of XRP Ledger are payments, tokenization, DeFi, CBDCs, and stablecoins.

  9. Did Ripple (XRP) Win the Lawsuit Against the SEC?

    On July 13, 2023, Ripple achieved a partial  victory in its ongoing lawsuit against the SEC. A U.S. court ruled that a substantial portion of the sales and distributions of the cryptocurrency XRP do not meet the definition of securities, contrary to the SEC's allegations in their 2020 civil lawsuit. However, the court also ruled the SEC's claims regarding Ripple's alleged violation of securities laws through the sale of XRP to institutional investors to proceed to trial. This ruling, though a partial win for XRP, underscores the importance of the upcoming trial in shaping the future of the cryptocurrency industry.

  10. 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.

  11. How Much Will XRP Be Worth in Future?

    Check out our XRP Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

XRP to Local Currency

FiatPriceOperation
1 XRP to TRY$ 0.59538
1 XRP to RUB$ 0.59538
1 XRP to EUR$ 0.59538
1 XRP to AED$ 0.59538
1 XRP to AUD$ 0.59538
1 XRP to BRL$ 0.59538
1 XRP to VND$ 0.59538
1 XRP to IDR$ 0.59538
Last updated 2024/07/23 12:50 (UTC)

Video Section

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. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. 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.