XRP (XRP) Price

XRP price today

XRP (XRP) is trading at $1.0515, down 2.59% in the last 24 hours and down 18.04% over the past week. Over 30 days the price has moved -24.71%.

XRP has a market capitalization of $66.82B, ranking #6 among all cryptocurrencies. $2.23B worth of XRP traded on spot markets in the last day, plus $85.08M in perpetual futures on Hyperliquid. The price is 71.15% below its all-time high of $3.65, set on Jul 17, 2025.

In the derivatives market, longs have been paying shorts over the past week (average funding 0.0007% per hour, 5.9% annualized), a sign that more traders are positioned long. Open interest stands at $101.52M.

XRP price performance

XRP market data

Market cap

$66.82B

Rank #6

Fully diluted

$105.18B

24h spot volume

$2.23B

3.34% of market cap

24h perp volume

$85.08M

Hyperliquid

24h high

$1.081

24h low

$1.034

Oracle price

$1.0521

Community sentiment

71% bullish

CoinGecko votes today

XRP futures & funding

Funding (1h)

-0.0000%

-0.4% annualized

7-day avg funding

0.0007%

Longs paying shorts

Open interest

$101.52M

0.15% of market cap

Max leverage

20x

Supply & price history

Circulating supply

63.52B

63.5% of max supply

Total supply

99.99B

Max supply

100.00B

Launched

—

All-time high

$3.65

Jul 17, 2025 · -71.1%

All-time low

$0.002686

May 21, 2014

XRP to USD converter

At $1.0515 per XRP, updated every minute.

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

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