Cryptocurrencies: 26901
Markets: 106767
Market Cap: $3,743,426,752,261     
24h Vol: $129,864,322,227
1 XRP (XRP) Rank 3
$2.97202
XRP (XRP) Rank 3
Website Reddit Twitter
59,308,385,925 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.97

XRP (XRP) 24h Vol
$5,080,646,925

XRP (XRP) Market Cap
$176,265,728,061

XRP (XRP) Circulating
59,308,385,925

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002585 BTC
BTC Market
1,533,080 BTC
BTC 24h Vol
44,189 BTC
Total Coins Mined
59,308,385,925 XRP
1h
0.76 %
24h
0.08 %
7d
-5.46 %
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 59,308,385,925 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
XRP’s Whales Slow Down, Hinting at Significant Price Climb

XRP’s Whales Slow Down, Hinting at Significant Price Climb

Whales' reduced selling strengthens XRP's foundational price support. Buyer-seller ratio hints at a potential market bottom for XRP. Continue Reading:XRP’s Whales Slow Down, Hinting at Significant Price Climb The post XRP’s Whales Slow Down, Hinting at Significant Price Climb appeared first on COINTURK NEWS.

access time image 08-30-2025 16:14

Ethereum Surges as XRP Faces Decline, SHIB Remains Unmoved

Ethereum Surges as XRP Faces Decline, SHIB Remains Unmoved

Ethereum holds strong above $4,300, showing potential for a rally towards $5,000. XRP risks decline with a downward breakout, needing external recovery signals. Continue Reading:Ethereum Surges as XRP Faces Decline, SHIB Remains Unmoved The post Ethereum Surges as XRP Faces Decline, SHIB Remains Unmoved appeared first on COINTURK NEWS.

access time image 08-30-2025 14:24

Raoul Pal Predicts a New Breakout for XRP

Raoul Pal Predicts a New Breakout for XRP

Raoul Pal predicts a potential breakout for XRP based on historical cycles. XRP's chart similarities indicate recurring strong upward movements. Continue Reading:Raoul Pal Predicts a New Breakout for XRP The post Raoul Pal Predicts a New Breakout for XRP appeared first on COINTURK NEWS.

access time image 08-29-2025 07:13

XRP Battles Resistance, What Lies Ahead for the Price?

XRP Battles Resistance, What Lies Ahead for the Price?

XRP struggles to surpass the $3.10 resistance level. Network activity remains low despite potential price movement to $4.30. Continue Reading:XRP Battles Resistance, What Lies Ahead for the Price? The post XRP Battles Resistance, What Lies Ahead for the Price? appeared first on COINTURK NEWS.

access time image 08-28-2025 10:12

Crypto Coins Surge! XRP, ENA, SOL, and BNB Expect New Highs

Crypto Coins Surge! XRP, ENA, SOL, and BNB Expect New Highs

August was dynamic for cryptocurrencies, with additional volatility expected next month. XRP reached unexpected prices, enhancing its long-term positive outlook. Continue Reading:Crypto Coins Surge! XRP, ENA, SOL, and BNB Expect New Highs The post Crypto Coins Surge! XRP, ENA, SOL, and BNB Expect New Highs appeared first on COINTURK NEWS.

access time image 08-27-2025 20:12

Our Partners


Get Crypto Newsletter

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