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Key Stats
Trading Volume (24hr)
$1.5B
Circulating Supply
62.0B
Market Cap
$68.3B
Total Supply
99.9B
Holders
--
Max Supply
100.0B
FDV
$110.0B
Funding Rate
-0.002014%
Date of Creation
--
What is XRP (XRP)?
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.
Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.
Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.
In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
Core Team
Investors
Breaking News
Today Jun 23 2026
07:55
Ripple has achieved a significant regulatory milestone by obtaining preliminary approval for a CASP license in Luxembourg, marking a major victory under Europe's new MiCA framework.
07:44
Ripple has secured preliminary approval for a CASP license in Luxembourg under EU MiCA regulations, enabling potential expansion of regulated crypto services across the EEA. This strategic move complements their existing EMI license and supports the growth of their RLUSD stablecoin, positioning Ripple as a key infrastructure provider for European banks and fintechs navigating the evolving regulatory landscape.
07:28
Institutional inflows into XRP ETFs and ETPs in the US and Europe exceeded $200 million this year, driven by strong demand reported by Bitwise and Franklin Templeton despite a quiet crypto market. The total global value of spot XRP ETFs has risen above $722 million.
07:03
Crypto analyst Diana indicates XRP has completed a 68% correction from its $3.66 peak, currently holding support in the $1.10-$1.30 accumulation zone. The analysis projects potential recovery targets starting at $2.50, with long-term Fibonacci extensions pointing toward $8.17 and possibly $17.16 by the end of the cycle.
06:36
Despite a general market downturn, institutional investors are driving significant capital into the Bitwise XRP ETF, pushing year-to-date inflows past the $200 million mark.
06:29
XRP is hovering near critical support levels between $1.05 and $1.10 due to low trading volume and weakening momentum, as investors wait for a decisive breakout from its three-week consolidation range.
06:05
Crypto commentator Pumpius warns XRP holders that the future of autonomous AI payments relies heavily on robust digital identity infrastructure. While Ripple prepares for agentic economies, the critical challenge lies in verifying the identities of AI agents to meet KYC and AML regulations without compromising privacy. Projects like DNA Protocol on the XRP Ledger aim to solve this by providing privacy-preserving identity layers for both humans and machines.
03:51
An XRP investor suffered a $16,800 loss due to a fraudulent memo mimicking a verification request. Analysts warn that criminals exploit promises of high returns and memo manipulation, putting even seasoned users at risk without rigorous verification.
02:49
The XRP Ledger Foundation has partnered with Common Prefix to enhance security standards. Although $XRP price remains unaffected so far, this move may define the ecosystem's future amidst ongoing market volatility.
01:10
XRP is finding stability around $1.10 following a significant 2026 drop, with critical resistance at $1.20 and $1.28. Meanwhile, Dogecoin and Shiba Inu face challenges amid cautious market sentiment.
