C
Loading…
Loading…
$1.14
+1.04% 24h24h high
$1.15
24h low
$1.13
All-time high
$3.65
From ATH
-68.61%
Market cap
$71.01B
24h volume
$930.87M
Circulating supply
62,053,900,985 XRP
Total supply
99,985,653,167 XRP
Max supply
100,000,000,000 XRP
Price change 7d / 30d / 1y
-0.30% · -16.93% · -46.18%
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
Categories