XRP

  • ripple
    XRP (XRP)
  • Live Price
    $0.3269
  • 24h %
    2.67%
  • Market Cap
    $15.80 B
  • Volume
    $935.85 M
  • Available Supply
    48.34 B XRP
  • Rank
    7


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More Info About Ripple

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.

For comprehensive Ripple details visit CoinMonster.Org 



Historical Data

Date Price Volume MarketCap

Twitter News Feed

What happens when the #RippleHouse takes on the Big Apple?🗽Here's a recap of @NFT_NYC:

🎨Attendees met with #NFT builders + artists
🍸Creator's HH and panel featuring @mintnftofficial & @Balmain
🔥Fireside Chat with @MonicaLongSF & @Rachelwolf00 on women in #Web3

Thank you, #devs for participating in our Decode/Code challenge — your submissions were impressive.👏

Big shoutout to our winners:
🏆 Gregory Tretiakov, $20k CAD
🏅 Roman Akhtariev, $5k CAD

Join us in congratulating them!

📢 Thrilled to announce that after a year of development with @GobDigitalCO @Ministerio_TIC, we launched the first #NationalLandRegistry on top of #XRPL #Main #Blockchain for all Colombians!🇨🇴

Find more how @Peersyst worked with @Ripple to achieve it! 👇

https://youtu.be/zQFtL8Aufns

The instant payments landscape is accelerating across #Europe with payment service providers at the forefront.

What does this mean for #blockchain and #crypto adoption in the region for #FIs, non-bank providers and their customers?
https://on.ripple.com/3budMt6

Our new infographic breaks down the regions where FI leaders have the highest levels of confidence that #blockchain will have a large impact on the finance industry. While the vast majority of regions are highly confident, LATAM and APAC lead the charge. https://on.ripple.com/3OygpJ6

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