Ripple (XRP)

Rank #3
$0.5142 (9.77%)
0.00008000  BTC
$20,503,271,569
Market Cap
39,870,907,279 XRP
Circulating Supply
Prev Open Volume 1 Day Range
$0.4685 $0.5295 $1,592,963,400 $0.5093 - $0.5295

Ripple XRP Price Chart

Ripple price for today is $0.5142. It has a current circulating supply of 39,870,907,279 XRP and a total volume exchanged of $1,592,963,400.

Tech Info

Proof type PoS
Is mineable -
Total supply 99,991,958,570 XRP
Launch date Feb 2013

Market Info

Price $0.5142
Volume 24h $1,592,963,400
Change 24h 9.77%
Change 7d 58.50%
Change month 59.75%

Description

Ripple is an enterprise payment solution based on blockchain technology. It connects with banks, payment providers and exchanges enabling them to transfer their assets throughout the Ripple network. The platform can work with digital currencies and digitized assets that represent fiat money, commodities or, virtually, any assets including airline miles or loyalty points.

Compared to traditional financial services, Ripple offers significantly lower fees for cross-border transactions along with fewer liquidity requirements. Therefore, it is popular with banks, payment providers, and exchanges. There are more 100 of traditional banks among Ripple’s customers, including 11 from TOP-100 banks in the world. Some of the big names to use the platform are Bank of America, Credit Agricole, Santander, and MUFG. Ripple as well offers its services to corporations enabling them to make their global payments to merchants, suppliers and employees cost-efficient.

XRP is a cryptocurrency token, a native asset of Ripple network. With the launch of the platform 100 billion XRP were issued, and their number is kept constant to this day (as of August 2018). It is not possible to mine Ripple tokens, unlike Bitcoin or Ethereum’s Ether. XRP serves two functions on the network. First, it serves as a bridge currency in cases when no direct market exists between two currencies that are being exchanged on the network. Secondly, it protects the Ripple platform from spam and DDoS: each account is required to have a reserve of 20 XRP, and every transaction on Ripple costs a small fee in its native currency.

Cryptocurrency Symbol Ripple Price Market cap Volume 24h
Ripple XRP $0.5142 $20,503,271,569 $1,592,963,400

Parent Project

Ripple (XRP)

Rank #3
$0.5142 (9.77%)
0.00008000  BTC

Ripple Social Activity

Convert XRP to USD

Check the conversion below and see how the rate has moved over the last 30 days

Amount
From
To

Your currency converted at the REAL rate

The mid-market rate at 01:26 UTC is

1 XRP → 0.5142 USD

(1 USD → 1.94 XRP)

Crosslytics currency pair converter allows you to see both rate and historical price chart between Ripple and US Dollar. You can revert it to see . The historical price is mid-market value parsed from most popular cryptocurrency exchanges

Ripple US Dollar
1 XRP 0.5142 USD
5 XRP 2.57 USD
10 XRP 5.14 USD
20 XRP 10.28 USD
50 XRP 25.71 USD
100 XRP 51.42 USD
250 XRP 128.56 USD
500 XRP 257.12 USD
1000 XRP 514.24 USD
2000 XRP 1028.48 USD
5000 XRP 2571.20 USD
10000 XRP 5142.41 USD
US Dollar Ripple
1 USD 1.94 XRP
5 USD 9.72 XRP
10 USD 19.45 XRP
20 USD 38.89 XRP
50 USD 97.23 XRP
100 USD 194.46 XRP
250 USD 486.15 XRP
500 USD 972.31 XRP
1000 USD 1944.61 XRP
2000 USD 3889.23 XRP
5000 USD 9723.07 XRP
10000 USD 19446.14 XRP