Cryptocurrencies: 26009
Markets: 101336
Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
1 XRP (XRP) Rank 4
$2.087689
XRP (XRP) Rank 4
Website Reddit Twitter
58,503,545,101 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.09

XRP (XRP) 24h Vol
$2,467,102,791

XRP (XRP) Market Cap
$122,137,207,393

XRP (XRP) Circulating
58,503,545,101

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002226 BTC
BTC Market
1,302,552 BTC
BTC 24h Vol
26,311 BTC
Total Coins Mined
58,503,545,101 XRP
1h
-0.23 %
24h
-2.75 %
7d
-8.9 %
Twitter
Facebook
Charts

XRP (XRP)
XRP (XRP)

Description

Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system.

Full Name XRP (XRP)
Start Date 2013-02-02
Algorithm N/A
Proof Type N/A
Website ripple.com/
Twitter @Ripple
Facebook www.facebook.com/ripplepay/
Reddit www.reddit.com/r/ripple/
Block Number N/A
Block Time 4
Block Reward N/A
Total Coins Mined 58,503,545,101 XRP
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Technology

The Ledger and Consensus
The Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol.

The World’s First Distributed Exchange
No one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.

 

 

 

Features
  • Math-Based Currency
    A math-based currency, also referred to as a cryptocurrency, is a digital asset with verifiable mathematical properties, similar to how we can reliably verify gold as a substance made of atoms with 79 protons. Math-based currencies exist as digital assets in their own right and can be transferred directly between users (as fiat cash can be) without relying on a centralized protocol operator. XRP exists as a math-based currency on the Ripple protocol.
  • Abuse Protection
    The primary function of XRP is to protect the Ripple protocol against denial-of-service (DoS) spam attacks. Since the Ripple protocol is based around a shared ledger of accounts, a malicious attacker could create large amounts of “ledger spam” (such as fake accounts) and “transaction spam” (such as fake transactions) in an attempt to overload the protocol. This could cause the size of the ledger to become unmanageable and interfere with the protocol’s ability to quickly settle legitimate transactions.
  • Bridge Currency
    XRP has great value as a bridge currency. Because each gateway’s balances trade as distinct assets within Ripple, the number of potential currency pairings can become quite large. Instead of quoting every possible currency/gateway combination, XRP can serve as a useful bridge currency to enable these transfers. This is possible because if every currency is liquid to XRP, then every currency is liquid to every other currency:
XRP (XRP) News
Crypto Prices Soar: Discover What’s Next for AVAX, BONK, PEPE, XRP, and DOGE!

Crypto Prices Soar: Discover What’s Next for AVAX, BONK, PEPE, XRP, and DOGE!

Crypto prices show strong recovery after months of decline, supported by positive news. Significant gains observed in altcoins like ETH, leading other cryptocurrencies like AVAX and BONK. Continue Reading:Crypto Prices Soar: Discover What’s Next for AVAX, BONK, PEPE, XRP, and DOGE! The post Crypto Prices Soar: Discover What’s Next for AVAX, BONK, PEPE, XRP, and DOGE! appeared first on COINTURK NEWS.

access time image 05-08-2025 18:22

XRP Soars as Whale Transactions Stir Market Speculations

XRP Soars as Whale Transactions Stir Market Speculations

XRP price surged to $2.20 with an 80% increase in trading volume. Whale transactions have sparked significant speculation in the cryptocurrency market. Continue Reading:XRP Soars as Whale Transactions Stir Market Speculations The post XRP Soars as Whale Transactions Stir Market Speculations appeared first on COINTURK NEWS.

access time image 05-08-2025 12:31

Ripple’s XRP Surges Amidst Market Fluctuations: An Intriguing Performance Analysis

Ripple’s XRP Surges Amidst Market Fluctuations: An Intriguing Performance Analysis

XRP started the year with a strong surge in trading volume. XRP's on-chain activity has sharply declined over recent months. Continue Reading:Ripple’s XRP Surges Amidst Market Fluctuations: An Intriguing Performance Analysis The post Ripple’s XRP Surges Amidst Market Fluctuations: An Intriguing Performance Analysis appeared first on COINTURK NEWS.

access time image 05-07-2025 12:01

XRP and Shiba Coin Demand Surge Fuels New Price Predictions

XRP and Shiba Coin Demand Surge Fuels New Price Predictions

Recent $1.25 billion acquisition highlights XRP's strategic direction. SHIB remains second-largest meme coin despite limited recent announcements. Continue Reading:XRP and Shiba Coin Demand Surge Fuels New Price Predictions The post XRP and Shiba Coin Demand Surge Fuels New Price Predictions appeared first on COINTURK NEWS.

access time image 05-06-2025 20:01

XRP’s Surprising Numbers: Only a Select Few Hold XRP Globally

XRP’s Surprising Numbers: Only a Select Few Hold XRP Globally

XRP has a narrow investment base, with only 1-2 million holders globally. Limited interest arises from slow adoption and complex wallet processes deterring investors. Continue Reading:XRP’s Surprising Numbers: Only a Select Few Hold XRP Globally The post XRP’s Surprising Numbers: Only a Select Few Hold XRP Globally appeared first on COINTURK NEWS.

access time image 05-05-2025 14:31

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