XRP current price is €0.634 with a marketcap of €29.29 B. Its price is -2.17% down in the last 24 hours.
- XRP (XRP)
- Live Price €0.634
- Market Cap €29.29 B
- Volume €3.12 B
- Available Supply 46.31 B XRP
- Rank 6
Technical analysis, backgrounds and info on this crypto coin
Besides Bitcoin XRP (XRP) is one of the digitized cryptocurrencies (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the XRP (XRP) price. Of course you can trade and/or invest in XRP (XRP) as well. On this page you'll find basic statistics and characteristics of XRP (XRP). Furthermore you'll find info regarding the XRP (XRP) price, basic technical analysis and a brief explanation of the story of XRP (XRP)
Current XRP (XRP) price
Please see below the XRP price chart as provided by our home broker.
Onchain Metrics XRP (XRP)
If you want to perform a technical analysis of XRP and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Tradingview.com.
These On-chain metrics are live and provided by our on-chain data supplier Tradingview.com.
Furthermore, we provide you with the price chart and historical data for XRP (XRP) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on XRP.
The XRP agenda
In order to provide you with an accurate overview of coming XRP agenda items and events, you'll find our XRP agenda below.
If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.
What is XRP?
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.
Who created XRP?
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.
What is the purpose of XRP (XRP)?
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 (XRP) nowadays
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.
The future of XRP (XRP)
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats. XRP empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.
Further technical analysis of this coin
For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock.
Do you want to trade in this crypto?
If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.
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