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XRP Price
Market Cap
24H Volume
Circ Supply

XRP Market Stats

  • Price $0.57560
  • 1H Change +0.34%
  • 24H Change -6.27%
  • 7 Day Change +29.13%
  • 30 Day Change +16.3%
  • 1 Year Change -29.09%
  • All-Time High $3.84194
  • % From ATH -85.02%
  • ATH Date Jan 4, 2018
  • Launch Date Apr 11, 2013

XRP Info

The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. The XRP Ledger is the home of XRP, a digital asset designed to bridge the many different currencies in use worldwide. Ripple stewards the development of the XRP Ledger, and advances XRP as a key contribution to the Internet of Value: a world in which money moves the way information does today.

The Digital Asset for Payments

XRP is a digital asset native to the XRP Ledger. Anyone with a cryptographic key and an internet connection can receive, hold, and send XRP to anyone else. XRP’s creators have developed it to be a desirable bridge currency that can facilitate trades in any other currency. XRP has many properties which make it an appealing asset for many other use cases, too:

  • Censorship-Resistant Transaction Processing: No single party decides which XRP transactions succeed or fail, and no one can “rollback” a transaction after it completes. As long as those who choose to participate in the network keep it healthy, they can send and receive XRP in seconds.
  • Fast, Efficient Consensus Algorithm: The XRP Ledger’s consensus algorithm settles transactions in 4 to 5 seconds, processing at a throughput of up to 1500 transactions per second. These properties put XRP at least an order of magnitude ahead of other top digital assets.
  • Finite XRP Supply: When the XRP Ledger began, 100 billion XRP were created, and no more XRP will ever be created. (Each XRP is subdivisible down to 6 decimal places, for a grand total of 100 quadrillions (10^17) drops of XRP.) The available supply of XRP decreases slowly over time as small amounts are destroyed to pay transaction costs.
  • Responsible Software Governance: A team of full-time, world-class developers at Ripple maintain and continually improves the XRP Ledger’s underlying software. Ripple acts as a steward for the technology and an advocate for its interests and builds constructive relationships with governments and financial institutions worldwide.
  • Secure, Adaptable Cryptography: The XRP Ledger relies on industry-standard digital signature systems like ECDSA (the same scheme used by Bitcoin) but also supports modern, efficient algorithms like Ed25519. The extensible nature of the XRP Ledger’s software makes it possible to add and disable algorithms as the state of the art in cryptography advances.
  • Modern Features for Smart Contracts: Features like Escrow, Checks, and Payment Channels support cutting-edge financial applications including the Interledger Protocol. This toolbox of advanced features comes with safety features like a process for amending the network and separate checks against invariant constraints.
  • On-Ledger Decentralized Exchange: In addition to all the features that make XRP useful on its own, the XRP Ledger also has a fully-functional accounting system for tracking and trading obligations denominated in any way users want, and an exchange built into the protocol. The XRP Ledger can settle long, cross-currency payment paths and exchanges of multiple currencies in atomic transactions, bridging gaps of trust with XRP.

XRP Video

XRP Technical Info

  • Blockchain Own Blockchain
  • Consensus XRP Ledger Consensus Protocol
  • Block Time 3-5 seconds
  • Hash Algorithm Ripple Protocol Consensus Algorithm
  • Development Status Working product
  • Open Source Yes
  • Hard Wallet Support Yes

XRP News

XRP Organization & Team


Technology Company in North America

Ripple is a US-based technology company which develops the Ripple payment protocol and exchange network using XRP, the digital asset native to the XRP Ledger.

Chris Larsen
Chris Larsen

Executive Chairman

Asheesh Birla

VP of Product

Patrick Griffin

SVP of Business Development

Christopher Kanaan

VP of Engineering

Sandi Kochhar

VP of People

Brynly Llyr

General Counsel

Monica Long

VP of Marketing

John Mitchell

Senior Vice President

XRP Wallets

XRP Exchanges

All images, branding and wording is copyright of XRP. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.