XRP Price (XRP)
XRP (XRP) is now live on http://www.coinbase.com & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store this asset.
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment Risk
Market stats
XRP is on the decline this week. ↘
The price of XRP has increased by 0.23% in the last hour and increased by 0.65% in the past 24 hours. XRP’s price has also fallen by 6.30% in the past week. The current price is £1.80 per XRP with a 24-hour trading volume of £10.00B. Currently, XRP is valued at 40.98% below its all time high of £3.06. This all-time high was the highest price paid for XRP since its launch.
The current circulating supply of XRP is 57,252,380,420 XRP which means that XRP has as total market cap of 57,252,380,420.
Overall
£103.3B
£10.0B
57.3B XRP
85 days
#4
£3.06
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Price change
↗ 0.23%
↗ 0.65%
↘ 6.3%
↘ 11.11%
↗ 58.75%
↗ 257.97%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
What's happening in XRP
About XRP
XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. Built for enterprise use on a global scale, XRP powers cost-efficient cross-border payments.
FAQ
XRP is the native digital asset of the XRP Ledger (XRPL), an open-source, decentralized technology that was launched in 2021. XRP, the digital currency, was introduced as an alternative to other digital currencies with a focus on speed and energy efficiency. The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol, making it a versatile tool in the digital currency space.
XRP operates on the XRP Ledger, which uses a unique Federated Consensus mechanism to validate transactions. Transactions are confirmed through a consensus protocol, where independent servers, known as validators, agree 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 immediately. The XRP Ledger is transparent and public, and anyone can operate a validator. This Federated Consensus mechanism aims to process all verified transactions without a single point of failure, as no single participant makes a decision independently.
XRP presents a wide variety of applications and use cases related to payments, including micropayments, DeFi, and soon, NFTs. The XRP Ledger supports enterprises and developers with powerful utility and flexibility. Developers can create solutions that solve inefficiencies, including remittance and asset tokenization, using the XRP Ledger. Currently, the five main applications of the XRP Ledger are payments, tokenization, DeFi, CBDCs, and stablecoins. The XRP Ledger provides a platform for developers to build applications with the potential to enhance the efficiency and speed of digital transactions.
XRP and the XRP Ledger were launched in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto as an alternative to the Bitcoin blockchain with a focus on speed and energy efficiency. In September of the same year, they, along with Chris Larsen, founded the company that is today known as Ripple. The XRP Ledger architects gifted a large amount of XRP to Ripple so that the company could build use cases around the digital asset. Since late 2020, Ripple Labs, the creators of the XRP token, has been in a legal battle with the United States Securities and Exchange Commission over whether or not XRP is a security.
We update our XRP to GBP currency in real-time. Get the live price of XRP on Coinbase.
The current market cap of XRP is £103.28B. A high market cap implies that the asset is highly valued by the market.
The all-time high of XRP is £3.06. This all-time high is highest price paid for XRP since it was launched.
Over the last 24 hours, the trading volume of XRP is £10.00B.
Assets that have a similar market cap to XRP include Bitcoin, Ethereum, Tether, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of XRP is 57 billion.
The median time that Coinbase customers hold XRP before selling it or sending it to another account or address is 85 days.
XRP ranks 6 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying XRP. In other words, 98% of Coinbase customers have increased their net position in XRP over the past 24 hours through trading.
Yes, XRP is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy XRP guide.
XRP Price History
Date | Price | Change |
---|---|---|
Today (December 22, 2024) | £1.80 | 0.75% |
24 hours ago (December 21, 2024) | £1.80 | 0.65% |
1 week ago (December 15, 2024) | £1.91 | -6.30% |
1 month ago (November 22, 2024) | £1.13 | 58.75% |
1 year ago | £0.49 | 257.97% |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.