XRP
XRP Rank #6XRP (XRP) Price
-1.31%
Price Change
XRP (XRP) Price
-1.31%
Fully Diluted Market Cap
-1.31%
Volume
4.05%
Market Cap
Circulating Supply
Max Supply
Total Supply
XRP
XRP
Dollar
DollarCompare XRP (XRP) with...
What Is XRP (XRP)?
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
XRP
XRP
Dollar
USD| Bitcoin Price Today | |
|---|---|
| Price | $1.13 |
| Price Change | $-0.01-1.31%
|
| 24h Low / 24h High | $1.12 / $1.17 |
| Trading Volume | $3,321,843,626.01 |
| Volume / Market Cap | 0.06309 |
| Market Cap | $52,655,192,074.24 |
What Is XRP (XRP)?
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
Market
9.8
Best For
Best for Buying Cryptocurrencies With Your Fiat Money
Operating Countries
US, EU, AS, AF, Australia
Verdict
A Reliable, Well-Know And Respected Cryptocurrency Exchange Platform.
9.8
Best For
Best For Beginners Or Advanced Users
Operating Countries
US, EU, AS, AF
Verdict
One Of The Leading Crypto Exchange Platforms In The Industry
9.8
Best For
Best for Firt-Time Buyers
Operating Countries
US, EU
Verdict
Good Cryptocurrency Broker Exchange