XRP (XRP) | Buy XRP Now |
---|---|
![]() |
Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments. |
CVIX | 37 |
Current price | $0.504250 |
Change 24h | -1.53% |
Change 7d | 11.90% | Market Cap | $26 212 632 900 |
Available supply | 51 983 386 003 XRP |
Volume 24h | $1 216 718 847 |
Updated | Thursday, June 1, 2023 3:00:03PM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $0.556617 | 10.19% |
---|
General XRP facts, technical details and XRP Cryptocurrency information
Ripple is a centralized and premined cryptocurrency. Founded in 2012 the Ripple company has created RippleNet, a blockchain platform for global payments. Its token Ripple (XPP) is now one of the fastest growing digital assets and has the 5th largest market cap. The number of coins is limited to 100 billion XRP that are already built into the protocol, so they can’t be mined like Bitcoin. Inside the Ripple network, ordinary money (dollars, euros), and other coins and precious metals can be used.
XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.
Ripple is focused on building technology to help unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.
RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital.
The main advantage of XRP coins is that the Ripple network can work directly with banks and corporations that control global financial flows. The rise of Ripple is driven by belief that in the XXI century the speed of financial transactions should be the same as the speed of information exchange. The modern level of money transfers from country to country, and between banks and organizations, is characterized by low speed and endless verification processes that can last several days. The Ripple system is working to accelerate all financial transactions and can already make money transfers within a few seconds.
XRP is a unique kind of digital currency. It serves as a tool for instant conversion of any currency into another without a central exchange. Because of this significant characteristic, an internal coin called "XRP" can't be used for retail purchases, however, the currency itself has the potential to increase the volume of trades in many existing currencies.
Today, the total number of coins in the XRP system totals 100 billion. Absolutely every member of the Ripple system can create its own "exchange office": be it for goods, services or currency. Transactions in Ripple are made on a consensus basis, so there is no need for arbitration as the system transfers funds only between users who trust each other. All transactions of the Ripple system can be reversed, which is a valuable advantage which differentiates Ripple from other crypto-currencies. There are no commissions for exchange within the system, the history of all transactions of participants is stored in their wallets. It is not possible to mine XRP directly, so you can obtain it in two ways: by exchange or by participating in the calculations process. These calculations are not mathematical, and are used for data processing in science and medicine. The fee for the rental of facilities is paid by company XRP.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
---|---|---|---|---|
May 23 | 0.461476 | 0.459999 | 0.466478 | 24 139 618 381 |
May 24 | 0.465520 | 0.448498 | 0.465520 | 23 543 330 957 |
May 25 | 0.453704 | 0.448032 | 0.454109 | 23 556 058 240 |
May 26 | 0.453699 | 0.453699 | 0.469490 | 24 405 687 433 |
May 27 | 0.469243 | 0.467511 | 0.473948 | 24 545 941 487 |
May 28 | 0.472211 | 0.472049 | 0.482609 | 25 087 630 027 |
May 29 | 0.482806 | 0.479001 | 0.494123 | 25 686 178 981 |
May 30 | 0.494125 | 0.491371 | 0.523989 | 27 107 280 489 |
May 31 | 0.521966 | 0.502709 | 0.526604 | 26 896 231 867 |
Jun 01 | 0.517422 | 0.503687 | 0.517422 | 26 212 632 900 |
* Crypto Rating accepts no liability for any errors in the XRP information, XRP Prices and XRP's Market Cap. For the most up-to-date prices please visit the XRP's official website.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 88% | 10 | $26 897.71 | -0.57% | 2.07% | $521 544 143 377 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 91.2% | 5 | $1 860.48 | -0.05% | 3.44% | $223 714 819 656 | ||
3 | ![]() |
Tether predictions | 95.2% | 1 | $1.000026 | -0.01% | 0.03% | $83 224 498 225 | ||
4 | ![]() |
Binance Coin predictions | 92.4% | 1 | $304.67 | -0.61% | -0.08% | $47 485 262 045 | ||
5 | ![]() |
USD Coin predictions | 92% | 1 | $0.999756 | -0.01% | -0.01% | $28 847 127 885 | ||
6 | ![]() |
XRP predictions | 80.4% | 37 | $0.504250 | -1.53% | 11.90% | $26 212 632 900 | ||
7 | ![]() |
Cardano predictions | 87.6% | 10 | $0.364572 | -2.55% | 1.76% | $12 717 605 112 | ||
8 | ![]() |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
9 | ![]() |
Dogecoin predictions | 86.4% | 17 | $0.071692 | 0.74% | 1.81% | $10 007 347 652 | ||
10 | ![]() |
Polygon predictions | 82% | 35 | $0.893847 | 0.39% | 0.86% | $8 294 424 384 | ||
11 | ![]() |
Solana predictions | 84.4% | 29 | $20.71 | 0.55% | 7.01% | $8 214 229 812 | ||
12 | ![]() |
Wrapped TRON predictions | 77.6% | 37 | $0.074826 | -0.77% | -3.49% | $7 608 018 393 | ||
13 | ![]() |
Litecoin predictions | 76.8% | 37 | $94.21 | 5.89% | 10.62% | $6 881 721 612 | ||
14 | ![]() |
TRON predictions | 78.4% | 35 | $0.074853 | -0.76% | -3.71% | $6 753 192 726 | ||
15 | ![]() |
Polkadot predictions | 91.6% | 10 | $5.23 | -1.35% | -0.75% | $6 224 984 176 |
This guide serves as a valuable resource for investors and traders seeking to uncover Ripple’s price projections in the short and long run. As an emerging technology, cryptocurrencies...
XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher. XRP is hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple...
RoboForex now offers 7 new cryptocurrencies to invest in. All new pairs are already available on the MetaTrader 4, MetaTrader 5, and R StocksTrader platforms
The so-called "mega whales" have accumulated over $712 million worth of XRP tokens since December 2021. Ripple (XRP) addresses that hold at least 10 million...
The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. Ripple (XRP) price rose by nearly 30% in less than a week amid...
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.” Executive Chairman and Co-founder of Ripple...
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.