The live XRP price today is $0.473162 USD with a 24-hour trading volume of $1,490,397,627 USD. We update our XRP to USD price in real-time. XRP is down 4.40% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $24,486,527,790 USD. It has a circulating supply of 51,750,810,378 XRP coins and a max. supply of 100,000,000,000 XRP coins.
If you would like to know where to buy XRP at the current rate, the top cryptocurrency exchanges for trading in XRP stock are currently Binance, XT.COM, OKX, Deepcoin, and Bybit. You can find others listed on our crypto exchanges page.
What Is XRP / XRP Ledger?
Launched in 2021, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.
Who Are the Founders of the XRP Ledger?
In 2012, David Schwartz, Jed McCaleb and Arthur Britto launched the XRP Ledger with its native currency XRP as a faster, more energy-efficient alternative to the Bitcoin blockchain. In September that year, along with Chris Larsen, they founded the company that is today known as Ripple.
What Makes XRPL Unique?
The XRP Ledger presents a wide variety of applications and use cases related to payments including micropayments, DeFi, and, soon, NFTs. Deployed in 2012, the XRPL supports enterprises and Python, Java and JavaScript developers with powerful utility and flexibility. On the XRP website, developers can access different tutorials to help them get started using different coding languages, building apps, managing accounts and more.
Alongside its native coin, XRP, the XRP Ledger is used by developers to create solutions that solve inefficiencies, including remittance and asset tokenization. Currently, the five main applications of the XRP Ledger are payments, tokenization, DeFi, CBDCs and stablecoins.
How Many XRP Coins Are There in Circulation?
The XRP Ledger architects gifted 80 billion XRP to Ripple so that the company could build use cases — including its global payments network, RippleNet — around the digital asset.
How Is the XRP Ledger Network Secured?
Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of validating transactions. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers called validators come to an agreement on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. All transactions are public and transparent, and anyone can operate a validator. There are currently over 150 validators on the ledger, operated by universities, exchanges, businesses, and individuals around the world.
Through the Federated Consensus mechanism, all verified transactions can be processed without a single point of failure as no single participant makes a decision independently.
Where Can You Buy XRP?
XRP is listed on many CeFi exchanges globally, including Binance, Huobi, FTX and Bitstamp.
To learn more about this project, check out our deep dive of XRP.
Ripple and the SEC
Since late 2020, Ripple Labs, the creators of the XRP token, has been locked in a legal battle with the United States Securities and Exchange Commission. The big question is whether or not XRP is a security.
On Dec. 22, 2020, the SEC filed a lawsuit against Ripple Labs and two of its executives on the grounds that they traded $1.3 billion in their XRP token as security without registering it with the commission. There have been arguments for and against the lawsuit. However, Ripple has strongly countered the claims, arguing that the SEC has been biased in its assessment.
The SEC uses the “Howey test,” based on the Supreme Court ruling on SEC v. W.J. Howey Co in 1946, to determine whether a cryptocurrency is a security. An asset is considered a security if it is sold with the expectation of getting profits from the efforts of other parties. Based on the commission’s definition of XRP in its lawsuit, the cryptocurrency would pass the Howey test, and according to SEC regulations, all securities must be registered.
While most companies targeted by the SEC in a similar matter chose to settle, Ripple decided to fight. The outcome of the lawsuit will undoubtedly have far-reaching implications in the crypto space. If Ripple prevails, the SEC could lose some of its credibility, giving other crypto-based companies the confidence to revolt. On the flip side, if the SEC wins the case, it could upend the way crypto firms operate and usher in a new wave of registration rules that apply to securities.
FAQs
The current market cap of XRP is $22.09B. A high market capitalization implies that the asset is highly valued by the market.
What is XRP real market cap? ›
The current market cap of XRP is $22.09B. A high market capitalization implies that the asset is highly valued by the market.
How much is XRP right now in USD? ›
The live XRP price today is $0.456444 USD with a 24-hour trading volume of $1,195,696,797 USD. We update our XRP to USD price in real-time. XRP is up 7.58% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $23,661,037,183 USD.
Can XRP reach $10,000 usd? ›
Will XRP reach $10,000? In theory, it could reach a value of $10,000 in 216 years (keeping in mind the past track record of 10.13x growth in one month).
What is the max XRP can get? ›
Ripple was originally called 'OpenCoin'. There is a max supply of 100,000,000,000 XRP. XRP's maximum supply gives the asset a supply and demand factor similar to Bitcoin, though its much larger supply means it will take much longer for it to be considered scarce.
Why XRP can reach $100? ›
To reach $100, XRP will have to rise 236x. That translates to a market cap of $5.2 trillion (equal to 12x the current market cap of Tesla). This looks incredibly unrealistic.
What is the fair price of XRP? ›
XRP Price Summaries
XRP's price today is US$0.4281, with a 24-hour trading volume of $1.12 B.
Can XRP reach $1? ›
Analysis suggests that the XRP price might reach $1 soon.
Can XRP go over $1000? ›
Plus, we've answered the question, "Can XRP reach $1000?" Overall, this is unlikely in the coming years. In order for Ripple to reach $10,000, it needs to have a much larger market capitalization. Start investing in XRP right now with ByBit!
Will XRP ever reach $20? ›
XRP will be valued $17 to $20 at the minimum and may surge up to $100 in 2030, the crypto news website added. Ripple Coin News predicts that Ripple could hit $30 in the next 10 years.
Most experts agree that Ripple's price can rise to the$250 range–$3 in ten years based on current predictions.
What will $100 XRP be worth in 2030? ›
XRP (XRP) Price Predictions 2023 - 2031
| Year | Minimum Price | Average Price |
|---|
| 2027 | $2.36 | $2.50 |
| 2028 | $2.81 | $2.95 |
| 2029 | $3.27 | $3.40 |
| 2030 | $3.72 | $3.86 |
5 more rowsAs per Ripple's XRP price projection, for XRP to reach $100, it would need to increase in value by 270 times, resulting in a market cap of $5 trillion. This would be 12 times the current market cap of Tesla. Assuming a conservative annual growth rate of 25%, it could take XRP 25 years to reach $100.
Could XRP be the next Bitcoin? ›
Analysts are still speculating on whether or not XRP could become the next bitcoin or ethereum. Experts at The Motley Fool Canada pointed out earlier this year that it's highly unlikely XRP could gain enough traction to displace either of the top two cryptocurrencies.
How much your $100 investment in Ripple will be worth if XRP reaches $1? ›
At this rate, you will have 262.05 XRP tokens. When it reaches $1 in value, your $100 investment will be worth $262, an approximately 262% return on investment (ROI).
Will XRP reach $589? ›
XRP would need to surge by 154,452% from its current value of $0.3811 to $589. Numerous proponents have mentioned that this is impossible.
Can XRP be bigger than Bitcoin? ›
Bitcoin has a maximum supply of 21 million coins, and XRP has a maximum supply of 100 billion tokens. That's one reason the price of one Bitcoin is so much higher than the price of one XRP.
What will XRP be worth in 2040? ›
XRP Coin Price Prediction
| Year | Minimum Price | Maximum Price |
|---|
| 2029 | $7.96 | $8.79 |
| 2030 | $8.86 | $10.13 |
| 2040 | $21.08 | $24.11 |
| 2050 | $38.45 | $45.27 |
6 more rows2 days ago
XRP Price Prediction by Wallet Investor
Wallet Investor is bullish on Ripple price in the short-term forecast, stating that XRP can reach $0.414 by the end of May 2023. This is quite close to the current value of $0.428.
How do you avoid tax on crypto? ›
Short-term capital gains on crypto are taxed as ordinary income, while long-term capital gains are taxed at 0%, 15%, or 20%. To legally avoid paying taxes on crypto, you can gift your assets to someone else or use a tax-advantaged account.
USD to XRP
| Amount | Today at 11:00 am |
|---|
| 50 USD | 116.38 XRP |
| 100 USD | 232.75 XRP |
| 500 USD | 1,163.75 XRP |
| 1,000 USD | 2,327.50 XRP |
4 more rowsChangelly's recent average prediction is $12.43 by the end of 2030. Some experts believe that XRP will fall to zero by 2030.
Is there a chance for XRP to go up? ›
Meanwhile, our long-term XRP price prediction for 2023 is bullish since it cannot break the support level. We can expect XRP to reach $0.58 this year.
Why is XRP pumping? ›
XRP Soared by 20% After a Major Update in the SEC Lawsuit
However, XRP's recent price jump is due to a major update in its ongoing lawsuit with the SEC ( U.S. Securities and Exchange Commission).
Should I invest $100 in XRP? ›
Less than 10% of the world's population holds a cryptocurrency wallet. Therefore you should not invest $100 or your entire savings in Ripple (XRP) or other digital coins based on recommendations from friends or so-called experts across social media feeds.
Will banks use XRP? ›
Yes, XRP is used by banks. XRP is the native digital asset of the Ripple payment protocol, an open source payment system used by many financial institutions. RippleNet, a financial payment network that banks and payment providers use to make payments and settlements, offers on-demand liquidity via XRP.
Will Shiba Inu ever reach $1 cent? ›
With the current circulating supply, Shiba Inu is unlikely to reach 1 cent any time soon. The overall market cap of Shiba Inu has been fluctuating around $6 billion for the last couple of weeks.
Should I buy XRP now? ›
If based on your own research, you think XRP presents a good risk-reward at current prices and as likely to rise substantially in price in the current years, it is probably worth buying some. That's regardless of the token's recent performance. If you don't deem XRP as presenting a good risk-reward, then stay away.
How many people hold XRP? ›
The XRP Ledger has been functioning for more than eight years now, with more than 63 million active ledgers.
Will XRP ever be tradable again? ›
Where To Invest in XRP In 2022: With the SEC investigation, many exchanges have de-listed XRP. You can still hold your XRP at places like Coinbase, but you can't transact with it. Rumors are that Coinbase will allow XRP trading again shortly, but until then, Uphold, Kraken and Coinmama are a couple of your options.
If the court rules in Ripple's favor, XRP's value could skyrocket. However, a ruling against it could send XRP to zero. Given the nature of the risk involved, long-term investors should avoid XRP.
What is the prediction for XRP in 2023? ›
XRP has gone down by -10.72% in the past 30 days. According to our analysis in the short term, XRP price prediction for June 2023 shows the average price of XRP at $0.53 and the highest possible price for June 2023 would be $0.56.
How many XRP coins can I buy with $1000? ›
The conversion value for 1000 USD to 2348.3 XRP. BeInCrypto is currently using the following exchange rate 2.349. You can convert USD to other currencies like BNB, BTC or DOGE. We updated our exchange rates on 2023/05/09 02:04.
How high will Shiba Inu go in 2025? ›
Shiba Inu (SHIB) Price Predictions 2023 - 2031
| Year | Minimum Price | Average Price |
|---|
| 2025 | $0.000028 | $0.000031 |
| 2026 | $0.000037 | $0.00004 |
| 2027 | $0.000046 | $0.000048 |
| 2028 | $0.000055 | $0.000057 |
5 more rows'Many experts have been reluctant to make a Ripple price prediction higher than $500 a coin. However, this seems to have changed with usually-conservative experts now suggesting that XRP could reach up to $1,000 a coin in a few years”, Kaplan said in his article.
How much market cap for XRP to hit $1000? ›
It is unlikely for Ripple to hit $100, according to TU analysts. And it's even more unlikely for the token to reach $1,000. This is because for XRP to reach $1,000 per coin, its market cap would have to reach at least $100 trillion, which we're very unlikely to see any time soon.
Does XRP reach $1000? ›
XRP could reach 1000 by 2034 if it were to DOUBLE in price every year. XRP will never reach $1000 unless there is an extensive burn program.
What will XRP be worth in 2025? ›
XRP (XRP) Price Predictions 2023 - 2031
| Year | Minimum Price | Average Price |
|---|
| 2025 | $1.49 | $1.63 |
| 2026 | $1.96 | $2.10 |
| 2027 | $2.43 | $2.57 |
| 2028 | $2.89 | $3.03 |
5 more rowsRipple is poised to play a significant role in payment solutions, which might boost the price of XRP as cryptocurrency use increases. According to Crypterium, the price of Ripple (XRP) may reach $17–$20 by the year 2030, which would be a significant increase from its current valuation of $10.
Could XRP hit $30? ›
Theoretically, XRP might reach new heights in 10 years if the Ripple business performs well. Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions. According to Ripple Coin News, the price of Ripple might reach $30 in ten years.
There are several factors on which one can make an assumption regarding whether ripple will reach the price of $50 or not. However, in general terms, it's highly unlikely for Ripple to reach this level because its market cap isn't that high, and isn't likely to reach higher levels in the next five years.
How much your $100 investment in ripple will be worth if XRP reaches $1? ›
At this rate, you will have 262.05 XRP tokens. When it reaches $1 in value, your $100 investment will be worth $262, an approximately 262% return on investment (ROI).
What is a realistic price for XRP in 2030? ›
XRP Prediction Table
| Year | Minimum Price | Maximum Price |
|---|
| 2029 | $5.61 | $6.79 |
| 2030 | $8.42 | $9.79 |
| 2031 | $12.35 | $14.84 |
| 2032 | $17.70 | $21.63 |
6 more rows2 days ago
In conclusion, the bullish Ripple (XRP) price prediction for 2023 is $0.7078. Comparatively, the bearish Ripple (XRP) price prediction for 2023 is $0.3567. If there is a positive elevation in the market momentum and investors' sentiment, then Ripple (XRP) might hit $1.
What price will XRP reach 2023? ›
XRP has gone down by -10.60% in the past 30 days. According to our analysis in the short term, XRP price prediction for July 2023 shows the average price of XRP at $0.47 and the highest possible price for July 2023 would be $0.5.
