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XRP Price(XRP)USD
XRP $2.80036745+21.33 %(24h)
XRP Price Information
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XRP Market Information
XRP Price History (USD)
About Ripple (XRP)
Ripple (XRP) is the native cryptocurrency of the XRP Ledger, a public blockchain that uses the federated consensus algorithm and that differs from the proof-of-work and proof-of-stake mechanisms, as participants in the Ripple network are known and trusted by each other, based mainly on reputation.
Originally founded by Jed McCaleb and Chris Larsen in 2012 under the name “OpenCoin,” Ripple was created to free people from financial networks like banks and credit cards.
Ripple’s native cryptocurrency, XRP, powers the underlying blockchain known as the “XRP Ledger.” Unlike other cryptocurrency blockchains, only pre-approved participants can contribute power and validate transactions on the XRP Ledger.
Keep in mind, nodes don’t earn tokens from maintaining the XRP Ledger’s transactional history. When the company initially launched, all 100 billion XRP was already created and distributed across individuals and companies.
Instead of transaction fees, the XRP Ledger deducts a small amount of tokens from the total supply whenever a sender conducts a transaction.
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People Also Ask: Other Questions About XRP
BTCC offers real-time XRP to USD prices, which can be accessed at the top of the crypto page.
The current market cap of XRP is $159.765B. Market cap refers to the current consensus between buyers and sellers on the price of a currency.
The global trading volume of XRP is $44.263B in the last 24 hours.
XRP's circulating amount is 100.00B.
XRP's price history indicates its ATH price is $3.84193993, which was recorded on 01/04/2018.
XRP's price history indicates its ATL price is $0.00280235, which was recorded on 07/07/2014.
XRP is currently ranked no. 3 among tradable assets on CoinMarketCap.
To predict whether XRP will rise, please visit our XRP Price Prediction page. Also visit the BTCC Academy section for technical and marketing information.
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