XRP XRP Price
XRP price — last 91 days
XRP market data
- Market cap
- $83.57B
- Fully diluted
- $131.90B
- 24h perp volume
- $69.42M
- Open interest
- $231.87M
- 24h high
- $1.33
- 24h low
- $1.28
- Funding (1h)
- 0.0013%
- 11.0% annualized
- Max leverage
- 20x
Supply & price history
- Circulating supply
- 63.35B
- Total supply
- 99.99B
- Max supply
- 100.00B
- Launched
- —
- All-time high
- $3.65
- Jul 17, 2025 · -63.8%
- All-time low
- $0.002686
- May 21, 2014
What is XRP?
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. This infrastructure supports a sustained throughput of 1,500 transactions per second and includes a built-in decentralized exchange that allows for the automated trading of any tokenized asset without intermediaries.
The project traces its origins back to 2004 with Ryan Fugger before being co-founded in its modern form by Jed McCaleb and Chris Larsen. The company, now known as Ripple, works with major financial institutions as partners and investors to build global payment solutions. To protect the network from spam, a small amount of XRP is burned during every transaction, and the token is further utilized by institutions as collateral to access traditional markets and manage digital asset infrastructure.
Institutional adoption of the asset reached a major milestone in November 2025 when the SEC approved the first wave of spot XRP ETFs. These products, offered by major issuers including Bitwise, Grayscale, 21Shares, Canary Capital, and Franklin Templeton, are now listed on prominent exchanges like the NYSE Arca, Nasdaq, and Cboe BZX. While Ripple remains a key contributor to the ecosystem, the underlying XRP Ledger continues to operate as an open-source and decentralized network.
- Smart Contract Platform
- Layer 1 (L1)
- FTX Holdings
- Pantera Capital Portfolio
- Andreessen Horowitz (a16z) Portfolio
- XRP Ledger Ecosystem
- GMCI 30 Index
- Blockchain Capital Portfolio
XRP links
XRP FAQ
What is the price of XRP today?
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XRP (XRP) is trading at $1.3189, up 1.52% over the last 24 hours, with $69.42M of perpetual volume.
What is the market cap of XRP?
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XRP has a market capitalization of $83.57B, ranking #5 among cryptocurrencies. Its circulating supply is 63.35B XRP out of a maximum 100.00B.
What is the all-time high of XRP?
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XRP reached its all-time high of $3.65 on Jul 17, 2025. It is currently -63.8% from that level.
What is the XRP funding rate?
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The current XRP perpetual funding rate is 0.0013% per hour. A positive rate means longs pay shorts; a negative rate means shorts pay longs.
How do I trade XRP on ChipaX?
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Open the XRP-PERP market on ChipaX, choose long or short, and set leverage up to 20x. You can also practise risk-free in demo trading mode before using real funds.
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Market data from Hyperliquid and CoinGecko, refreshed every minute. Nothing on this page is financial advice. Leveraged trading carries a high risk of loss.