Cryptocurrencies: 28004
Markets: 115985
Market Cap: $3,040,869,887,392     
24h Vol: $133,734,275,454
1 XRP (XRP) Rank 4
$2.031381
XRP (XRP) Rank 4
Website Reddit Twitter
60,331,635,327 XRP

XRP (XRP)

XRP (XRP)

XRP

XRP (XRP) Price
$2.03

XRP (XRP) 24h Vol
$3,293,670,989

XRP (XRP) Market Cap
$122,556,532,852

XRP (XRP) Circulating
60,331,635,327

Full Name
XRP (XRP)
Symbol
XRP
Algorithm
BTC Price
0.00002274 BTC
BTC Market
1,372,128 BTC
BTC 24h Vol
36,876 BTC
Total Coins Mined
60,331,635,327 XRP
1h
-0.07 %
24h
-3.66 %
7d
-6.8 %
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 60,331,635,327 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
Discover How XRP Shakes Up Investor Sentiment in the Cryptocurrency World

Discover How XRP Shakes Up Investor Sentiment in the Cryptocurrency World

Data from Santiment shows XRP psychology diverging sharply from Bitcoin. Despite ETF announcements, XRP's price hasn’t made significant strides recently. Continue Reading:Discover How XRP Shakes Up Investor Sentiment in the Cryptocurrency World The post Discover How XRP Shakes Up Investor Sentiment in the Cryptocurrency World appeared first on COINTURK NEWS.

access time image 12-05-2025 09:00

XRP and Solana ETFs Draw Significant Institutional Interest

XRP and Solana ETFs Draw Significant Institutional Interest

Institutional interest in XRP and Solana ETFs is significantly increasing in the U.S. Ripple's CEO anticipates 2026 as a crucial year for the crypto sector's growth. Continue Reading:XRP and Solana ETFs Draw Significant Institutional Interest The post XRP and Solana ETFs Draw Significant Institutional Interest appeared first on COINTURK NEWS.

access time image 12-04-2025 14:10

XRP Faces Challenges as Market Conditions Shift

XRP Faces Challenges as Market Conditions Shift

XRP shows a weak performance amidst the recent cryptocurrency market movements. Short positions are increasing, influencing XRP's pressure downwards. Continue Reading:XRP Faces Challenges as Market Conditions Shift The post XRP Faces Challenges as Market Conditions Shift appeared first on COINTURK NEWS.

access time image 12-04-2025 11:10

Crypto Market Tensions Rise: XRP Pushes Towards Resistance Levels

Crypto Market Tensions Rise: XRP Pushes Towards Resistance Levels

The crypto market began the week with a sharp downturn but showed recovery attempts. XRP struggled around the $2 psychological level, eyeing $2.20 resistance. Continue Reading:Crypto Market Tensions Rise: XRP Pushes Towards Resistance Levels The post Crypto Market Tensions Rise: XRP Pushes Towards Resistance Levels appeared first on COINTURK NEWS.

access time image 12-02-2025 09:40

Ripple Releases Locked XRP: How It Affects the Market

Ripple Releases Locked XRP: How It Affects the Market

Ripple plans to release 1 billion XRP starting December 1st as part of a longstanding program. Most of the released XRP is re-locked, controlling the net market supply. Continue Reading:Ripple Releases Locked XRP: How It Affects the Market The post Ripple Releases Locked XRP: How It Affects the Market appeared first on COINTURK NEWS.

access time image 12-01-2025 15:40

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