Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
1 XRP (XRP) Rank 4
$2.157272
XRP (XRP) Rank 4
Website Reddit Twitter
58,821,652,568 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.16

XRP (XRP) 24h Vol
$3,522,088,562

XRP (XRP) Market Cap
$126,894,294,567

XRP (XRP) Circulating
58,821,652,568

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002076 BTC
BTC Market
1,221,255 BTC
BTC 24h Vol
33,897 BTC
Total Coins Mined
58,821,652,568 XRP
1h
0.34 %
24h
-3.04 %
7d
-1.85 %
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 58,821,652,568 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
Ripple Integrates USDC Seamlessly into XRP Ledger

Ripple Integrates USDC Seamlessly into XRP Ledger

Ripple integrates USDC into the XRP Ledger, enhancing XRPL's utility. This development boosts liquidity and simplifies various financial operations. Continue Reading:Ripple Integrates USDC Seamlessly into XRP Ledger The post Ripple Integrates USDC Seamlessly into XRP Ledger appeared first on COINTURK NEWS.

access time image 06-13-2025 22:05

Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market

Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market

XRP price has struggled amid significant market fluctuations. Whale sales contributed to downward price pressure on XRP. Continue Reading:Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market The post Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market appeared first on COINTURK NEWS.

access time image 06-13-2025 17:05

XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing

XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing

Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. Continue Reading:XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing The post XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing appeared first on COINTURK NEWS.

access time image 06-13-2025 15:00

Ripple CEO Foresees XRP’s Potential to Capture International Finance

Ripple CEO Foresees XRP’s Potential to Capture International Finance

XRP may capture 14% of SWIFT's international volume in the next five years. Ripple offers direct and simultaneous bank fund transfers using XRP. Continue Reading:Ripple CEO Foresees XRP’s Potential to Capture International Finance The post Ripple CEO Foresees XRP’s Potential to Capture International Finance appeared first on COINTURK NEWS.

access time image 06-13-2025 14:35

BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance

BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance

BlackRock desires to launch XRP and Solana ETFs, facing legal clarity challenges. Regulatory uncertainties influence their ETF approval and potential market entry strategy. Continue Reading:BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance The post BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance appeared first on COINTURK NEWS.

access time image 06-13-2025 10:55

Our Partners


Get Crypto Newsletter

Our monthly newsletter contains news, updates and exclusive bonus opportunities. You may unsubscribe at any time.