XRP (XRP)
Rank #4 by Market Cap
About XRP
XRP is a digital asset designed for payments and remittances. Created by Ripple Labs, XRP aims to enable fast, low-cost international money transfers and is used as a bridge currency in global payment networks.
Key Information
XRP Price Analysis
24-Hour Performance
The XRP price has increased by 2.76% in the last 24 hours, reaching $2.62. The trading volume of $3.54B indicates moderate market activity.
7-Day Trend
Over the past week, XRP has increased by 11.51%, showing strong performance in the cryptocurrency market.
Market Position
XRP ranks #4 by market capitalization, holding approximately 7.06% of the total cryptocurrency market. Its current market cap of $157.22B reflects high market confidence.
Frequently Asked Questions About XRP
What is XRP?
XRP is a digital asset designed for payments and remittances. Created by Ripple Labs, XRP aims to enable fast, low-cost international money transfers and is used as a bridge currency in global payment networks.
What is the current XRP price?
The current XRP price is $2.62, updated in real-time. XRP has a market capitalization of $157.22B and a 24-hour trading volume of $3.54B.
How much is XRP worth?
XRP is currently valued at $2.62 per token, with a total market capitalization of $157.22B, ranking it #4 among all cryptocurrencies.
Is XRP a good investment?
This is not financial advice. XRP is a cryptocurrency with significant market capitalization and strong market performance. Cryptocurrency investments carry risk, and you should do thorough research and consult with financial professionals before investing.
Where can I buy XRP?
XRP can be purchased on major cryptocurrency exchanges including Binance, Coinbase, Kraken, and others. Always use reputable exchanges and do thorough research before investing in any cryptocurrency.
What is XRP used for?
XRP serves as a digital asset used in various blockchain applications and payment systems.