24 hour low
$2.134
24 hour high
$2.312
Market cap ranking
#4
Market cap
$123.79B
24 hour volume
$5.47B
Circulating supply
57.41B
Total supply
100B
The current price of Ripple is $2.157, with a 24-hour trading volume of $5,465,981,278.44. In the last 24 hours, the price of Ripple decreased by −6.02%. With a circulating supply of 57,410,227,039 XRP and a maximum supply of 100,000,000,000.00 XRP, Ripple's fully diluted market cap stands at $215,695,841,017.36. Currently, Ripple ranks #4 by market cap.
XRP is a digital asset and cryptocurrency that was created by the company Ripple. It is used to facilitate cross-border payments and transfers of funds between financial institutions. XRP acts as a bridge currency in these transactions, allowing for the seamless and efficient transfer of funds between different countries and currencies. One of the key benefits of using XRP is its fast transaction times and low fees compared to traditional cross-border payment methods. Transactions on the XRP network can be completed in just a few seconds. XRP is also designed to be highly scalable and to have a high degree of stability, making it an attractive option for financial institutions and payment providers looking to streamline their cross-border payment processes. XRP is positioned as a cryptocurrency that is aimed at solving the inefficiencies and limitations of traditional cross-border payment methods and has seen significant adoption in the financial industry.