XRP price-to-sales ratio double that of Nvidia
The price-to-sales ratio is used to assess the potential of an investment, with lower ratios signaling more attractive opportunities.
The XRP token’s price-to-sales ratio is nearly double that of Nvidia, one of the most traded stocks on the market.
The XRP

$0.63
token has a price-to-sale ratio of 61.689, while Nvidia has a price-to-sales ratio of 37. This ratio is calculated by dividing a company’s market capitalization by the company’s revenue or total sales over the past 12 months. The lower the ratio, the more attractive the investment.
Ripple’s XRP ledger generated over $583,000 worth of network fees in 2023, according to Messari. In comparison, Nvidia generated $26.97 billion in revenue during 2023, according to its 2023 fiscal report.
The XRP token rose 0.15% in the 24 hours up to 10:30 am UTC, to $0.6205, with a $34 billion market capitalization, according to CoinMarketCap data.
Nvidia shares were down 0.49% in pre-market trading to $898.25, according to Yahoo Finance data.
Nvidia is the world’s largest semiconductor chip manufacturer and the third-largest company in the world, with a market capitalization of $2.25 trillion.