XRP
XRPWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$0.277754
24 Hour % Change
-5.48%
Market Cap
$27.77B
Volume (24h)
$3.51B
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.261995
24 Hour High
$0.302773
Net change
$-0.016099
24 Hour Open
$0.294003
All time high
$3.40
Total Supply
99.99B
Returns (24H)
-5.48%
Returns (YTD)
15.89%
Volatility (30d)
2.32
Transaction Count (24h)
1.36M
Average Transaction Fee (24h)
$0.000254
Value Transacted (24h)
$368.59M
About XRP
Category
Currency
Value proposition
Payments
XRP is known as a Real Time Gross Settlement System which is a ‘currency exchange and remittance network’ that independent servers validate. The currency traded is known as XRP and transfer times are immediate. XRP can be exchanged for most other currencies with its unique selling proposition being the avoidance of fees and wait times often associated with banks. It isn’t made up of a blockchain but rather a Hash Tree and its currency can’t be mined because there are a finite number of coins – 100 billion. XRP is popular with banks and institutions though the XRP token isn’t necessarily required for each transaction.
The XRP price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Bitcoin (BTC-USD) fell as much as 6.8% to about $32,359 during yesterday after-hours as the digital coin heads for its worst week since March last year - Bloomberg.The largest cryptocurrency hit a record near $42,000 on Jan. 8 and then tumbled to a low around $30,300.The shakeout has dragged the
Bit Digital (BTBT) dropped 26% amidst a selloff in Bitcoin-related companies today and following a new shortseller report.Earlier, nearly $170B was wiped off cryptocurrency market in as Bitcoin (BTC-USD) dropped 20.1% to $34,130 after a huge rally and some profit-taking from investors; other cryptocurrencies are selling off on the latest movement: Ripple (XRP-USD);
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
Data and traders reveal the source of XRP's recent price rally could be Asia.
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.
Crypto Broker Voyager to Suspend Trading of XRP
Jan 6, 2021
Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.