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XRP price

XRP live price in US dollar (USD). View value statistics, market cap and supply.


XRP is the native token of the payment network Ripplenet which is run by the company Ripple. XRP was created as a way of connecting fiat currencies that have no common markets for exchange. Another goal of XRP is to provide a medium for overseas transactions that is both cheap and fast. To validate transactions, XRP needs trusted nodes (which are called Unique Node List as a collective) to reach a consensus and record it in the transaction ledger. Unlike Bitcoin, new XRP coins enter in circulation when Ripple sells them and not through a mining reward system.