$1.31
$1.31

Overview

Price performance
Low
$1.24
High
$1.34
Market open. Last updated: Nov 4, 2026, 5:28 PM UTC
$
1.31
0.03 (2.18%)
Open
$1.28
Previous close
$1.28
All-time high
$3.65
Jul 17, 2025 (2 years ago)
All-time low
$0.00
May 21, 2014 (13 years ago)
48729.17%

Seasonals

Holdings

Technicals

Insights & Activity

Market Cap
83.12B
Volume (24h)
2 830 523 214
FDV
131.19B
3.41%
Total Supply
99 985 589 443
Community Sentiment
Bullish
Links
Tags
Smart contract platform
Layer 1 (l1)
Ftx holdings
Pantera capital portfolio
Andreessen horowitz (a16z) portfolio
Xrp ledger ecosystem
Gmci 30 index
Blockchain capital portfolio
Gmci index
Made in usa
Coinbase 50 index
Website
ripple.com
Socials
About
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.