Ripple
xrp
1.37
−2.26%Ripple price information
Ripple price1.37 USD
24h low1.34 USD
24h high1.40 USD
24h price change−2.26%
7d price change−5.40%
30d price change+1.61%
All-time high
3.65 USD
July 18, 2025
All-time low
<0.01 USD
May 22, 2014
Ripple market information
Market cap rank№5
Market cap84.08B USD
Circulating supply61.34B XRP
Total supply99.99B XRP
Ripple price live data
XRP price today is $1.37. XRP price is up -2.26% in the last 24 hours. It has a circulating supply of 61.34B XRP coins and a total supply of 99.99B. If you are looking to buy or sell XRP, Tothemoon is currently the most active exchange.
About Ripple
XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and eliminates the need for pre-funded accounts.
The network is unique because it utilizes a federated consensus protocol instead of energy-intensive mining or staking. This system achieves deterministic finality through a Unique Node List of trusted validators who must reach an eighty percent agreement threshold to permanently record transactions. This infrastructure supports a sustained throughput of 1,500 transactions per second and includes a built-in decentralized exchange that allows for the automated trading of any tokenized asset without intermediaries.
The project traces its origins back to 2004 with Ryan Fugger before being co-founded in its modern form by Jed McCaleb and Chris Larsen. The company, now known as Ripple, works with major financial institutions as partners and investors to build global payment solutions. To protect the network from spam, a small amount of XRP is burned during every transaction, and the token is further utilized by institutions as collateral to access traditional markets and manage digital asset infrastructure.
Institutional adoption of the asset reached a major milestone in November 2025 when the SEC approved the first wave of spot XRP ETFs. These products, offered by major issuers including Bitwise, Grayscale, 21Shares, Canary Capital, and Franklin Templeton, are now listed on prominent exchanges like the NYSE Arca, Nasdaq, and Cboe BZX. While Ripple remains a key contributor to the ecosystem, the underlying XRP Ledger continues to operate as an open-source and decentralized network.
