Ripple (XRP)

Rank #2
$0.4395 (-0.16%)
0.00009800  BTC
$17,724,829,364
Market Cap
40,327,341,704 XRP
Circulating Supply
Prev Open Volume 1 Day Range
$0.4402 $0.4355 $898,450,595 $0.4162 - $0.4573

Ripple XRP Price Chart

Ripple price for today is $0.4395. It has a current circulating supply of 40,327,341,704 XRP and a total volume exchanged of $898,450,595.

Tech Info

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

Market Info

Price $0.4395
Volume 24h $898,450,595
Change 24h -0.16%
Change 7d -4.85%

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 $0.4395 $17,724,829,364 $898,450,595

Parent Project

Ripple (XRP)

Rank #2
$0.4395 (-0.16%)
0.00009800  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 20:50 UTC is

1 XRP → 0.4395 USD

(1 USD → 2.28 XRP)

Crocosource 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 0.4395 USD
5 XRP 2.20 USD
10 XRP 4.40 USD
20 XRP 8.79 USD
50 XRP 21.98 USD
100 XRP 43.95 USD
250 XRP 109.88 USD
500 XRP 219.76 USD
1000 XRP 439.52 USD
2000 XRP 879.05 USD
5000 XRP 2197.62 USD
10000 XRP 4395.24 USD
US Dollar Ripple
1 USD 2.28 XRP
5 USD 11.38 XRP
10 USD 22.75 XRP
20 USD 45.50 XRP
50 USD 113.76 XRP
100 USD 227.52 XRP
250 USD 568.80 XRP
500 USD 1137.59 XRP
1000 USD 2275.19 XRP
2000 USD 4550.38 XRP
5000 USD 11375.94 XRP
10000 USD 22751.89 XRP