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
Trident Commits to XRP Investment Worth $500 Million

Trident Commits to XRP Investment Worth $500 Million

Trident aims to invest $500 million in creating an XRP treasury. This step could boost XRP’s market value and corporate acceptance. Continue Reading:Trident Commits to XRP Investment Worth $500 Million The post Trident Commits to XRP Investment Worth $500 Million appeared first on COINTURK NEWS.

access time image 06-12-2025 23:35

The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings

The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings

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:The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings The post The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings appeared first on COINTURK NEWS.

access time image 06-12-2025 15:00

XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets

XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets

XRP price experienced a rise before falling due to trade tensions. Mild progress in U.S.-China talks positively influenced risky assets like cryptocurrencies. Continue Reading:XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets The post XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets appeared first on COINTURK NEWS.

access time image 06-12-2025 14:05

XRP Rises as Ripple Announces New Developments

XRP Rises as Ripple Announces New Developments

The SEC lawsuit resolution brings relief to XRP Coin investors. Ripple is expanding its ecosystem with new financial developments. Continue Reading:XRP Rises as Ripple Announces New Developments The post XRP Rises as Ripple Announces New Developments appeared first on COINTURK NEWS.

access time image 06-11-2025 14:05

Explore the Surging Momentum of XRP Amidst Potential ETF Approval

Explore the Surging Momentum of XRP Amidst Potential ETF Approval

XRP Ledger payment transactions surged 1300% in 24 hours. The increase links with ETF approval probability at 87%. Continue Reading:Explore the Surging Momentum of XRP Amidst Potential ETF Approval The post Explore the Surging Momentum of XRP Amidst Potential ETF Approval appeared first on COINTURK NEWS.

access time image 06-11-2025 13:35

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