XRP
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.
Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.
Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.
In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
Cryptocoins News / CoinJournal - 5 days ago
XRP rallies 24% on SEC approval of XRP-linked ETFs from ProShares and Grayscale.
Volume explodes with over 182 million tokens traded, signaling strong institutional and retail demand.
Breakout above $3.20 clears long-term resistance, unlocking upsid...
Bitcoin News / Google News Bitcoin - 5 days ago
‘Stronger, Bigger, Better’—Trump Issues Huge Prediction For $4 Trillion Crypto Amid Bitcoin, Ethereum And XRP Price Boom& & Forbes
Cryptocoins News / Blockchain - 5 days ago
XRP reaches unprecedented $3.45 peak amid regulatory progress and massive whale accumulation, but technical indicators suggest potential correction ahead. (Read More)
Bitcoin News / Bitcoin.com - 5 days ago
Thumzup Media Corp. has approved plans to hold up to $250 million in crypto, expanding its treasury beyond bitcoin to include ethereum, solana, ripple, and more. Bold $250 Million Expanded Crypto Treasury Strategy Authorized by Thumzup Media Thumzup...
Bitcoin News / Bitcoinist - 5 days ago
With altcoin season potentially on the horizon, discussions have arisen about whether XRP can surpass Ethereum during this run. Crypto founder Arthur Hayes has made a case for ETH leading the way, while Dom Kwok, another crypto founder, believes XRP...
Cryptocoins News / The Cointelegraph - 5 days ago
XLM is gaining momentum with an 87% weekly rally, strong buyers’ interest and bullish technicals pointing toward a breakout past its all-time high...
Cryptocoins News / The Cointelegraph - 6 days ago
During their bull runs, XLM and XRP often move in sync, with a high correlation coefficient typically topping 0.70. Will history repeat for Stella...
Cryptocoins News / The Cointelegraph - 6 days ago
XRP’s rally to $3.66 all-time high came amid the passage of major crypto bills in the US House, and other positive fundamentals boosting investor...
Bitcoin News / Bitcoinist - 6 days ago
$XRP surged in the charts over the past 24 hours, pushing it past its ATH of $3.4 from January 2025, with a market cap now surpassing $200B.
The token now sits at $3.45, following a 5% rally over the past day and 32% for the last week.
The sudden sur...
Cryptocoins News / CoinJournal - 6 days ago
RSI has climbed to almost 85, flagging potential overbought conditions.
Volume has risen sharply, driven by retail trader participation.
Technical breakout from ascending triangle remains intact.
XRP has staged a powerful rally, climbing to $3.45 a...
Cryptocoins News / Blockchain - 6 days ago
XRP reaches a record-breaking $3.45, fueled by ETF launches, regulatory advancements, and bullish momentum. Learn the key factors shaping Ripple's rise. (Read More)
Bitcoin News / Google News Bitcoin - 6 days ago
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC nears all-time high, ETH eyes $4,000, XRP sets new record& & FXStreet
Bitcoin News / Bitcoin.com - 6 days ago
XRP surged more than 10% in 24 hours on July 17, reaching an all-time high of $3.40 and briefly pushing its market capitalization above $200 billion. XRP Leads Altcoin Charge XRP’s meteoric rise continues to capture market attention, as the digital a...
Cryptocoins News / The Cointelegraph - 6 days ago
XRP cloud mining is possible in 2025, but approach with caution, as risks often outweigh the rewards. XRP cloud mining doesn’t...
Bitcoin News / Google News Bitcoin - 6 days ago
Are You Up On Your Bitcoin, ETH, XRP Holdings? 'Take Out Enough,' Prominent Whale Cautions& & Yahoo Finance