Spot

Market Cap and Supply

Market Cap

$19,460,306,796

down arrow

−14.68%

Fully Diluted Market Cap

$38,753,739,336

down arrow

−14.68%

Circulating Supply

50,215,300,844

Supply Availability

Availabile

50.22%

Not availablele

49.78%

Trading Statistics24h

Volume

$934,777,418

up arrow

102.03%

Open

$0.47463

Low

$0.33698

High

$0.47643

Close

$0.38896

Liquidity

Bids vs Asks (1% depth)

$10,512,403

$10,674,685

All Times

All time high

$3.4

All time low

$0.0026862

ATH

Current Price

$0.3875374

ATL

11.30%

Social24h

Twitter

Lists

12,601

Followers

2,606,554

Statuses

8,406

Facebook

Likes

135,507

Talks

441

Reddit

Post Daily

3.07

Comments

130

Subscribers

355,056

Development24h

Github

Stars

3,930

Subscribers

511

Github Issues

Closed

727

Open Total

280

Closed Pull Req.

2,871

General Information

Consensus

N/A

Algorithm

N/A

Sector

Currency, Infrastructure, Top 5

No. of Exchanges

22

No. of Pairs

101

About XRP

What Is XRP?

XRP is the native token of the XRP Ledger, which is the distributed open-source consensus ledger owned by Ripple (formerly Ripple Labs), a privately-held fintech company based in San Francisco. Ripple runs the global payment network, Ripple Network, on the XRP Ledger. While it operates much like blockchain, the XRP Ledger, in contrast to Bitcoin and Etherium, does not rely on Proof of Work (PoW) and therefore there is no mining involved. XRP instead uses a consensus algorithm known as the Ripple Protocol Consensus Algorithm, through which transactions are agreed upon by a supermajority (80%) of a set of trusted nodes called the Unique Node List (UNL). Ripple was first launched in 2004 by Ryan Fugger, who developed the first version of Ripple, called RipplePay. In 2013, Fugger handed it to Jed McCaleb (Mt. Gox) and co-founder and current Executive Chairman Chris Larsen. The acting CEO is Brad Garlinghouse.. XRP’s average transaction speed is 4 seconds, and because transactions do not need to be converted to fiat and then reconverted, they are significantly cheaper than other crypto-to-crypto transactions. XRP has been pre-mined with a supply cap of 100 billion tokens. Over 300 financial institutions (including American Express, MoneyGram, SBI Remit) in over 40 countries have joined Ripple and its payment network, RippleNet. For a full selection of markets where you can trade XRP for other cryptocurrencies, US dollars, and other fiat currencies, see below.