What Is XRP's Price Today?
XRP (XRP) is currently trading at $0.22464**, reflecting a **0.88% increase** over the past 24 hours. The cryptocurrency has recorded a 24-hour trading volume of **$1,135,031,895.
As of July 2025, XRP holds the position of the #4 largest cryptocurrency by market capitalization, valued at $9,726,956,453.
Understanding XRP Cryptocurrency (XRP)
XRP serves as the native digital asset of the Ripple payment protocol, designed to facilitate fast, low-cost cross-border transactions. Unlike traditional cryptocurrencies, XRP operates on a unique consensus mechanism, eliminating the need for energy-intensive mining.
Key Features of XRP:
- Speed: Transactions settle in 3–5 seconds.
- Low Cost: Fees average 0.00001 XRP per transaction (burned to prevent spam).
- Decentralization: Operates via a consensus protocol validated by independent servers.
- Fixed Supply: 100 billion XRP were pre-mined, with ~43.3 billion in circulation.
👉 Learn more about XRP's technology
How Ripple’s XRP Works
RippleNet, the underlying infrastructure, functions as a global payment settlement network, offering an alternative to SWIFT transfers. Here’s how it stands out:
- Consensus Mechanism: Transactions are verified by a network of servers, ensuring security without mining.
- Interoperability: Supports seamless exchange between fiat currencies and digital assets.
- Transparency: Public ledger records transactions without exposing user identities.
Long-Term XRP Price Prediction
Historical Trends:
- 2017 Peak: Reached $0.40 after expanding operations in Asia.
- 2018 High: Briefly hit $3.84** before correcting to **$0.29.
Future Outlook:
- Bullish Scenario: Gradual growth could push XRP to $0.46+ (based on adoption trends).
- Bearish Risk: Potential drop to $0.04 if market conditions worsen.
👉 Explore XRP investment strategies
FAQ Section
1. Is XRP a good investment in 2025?
XRP offers high liquidity and institutional backing but remains volatile. Diversification is advised.
2. How is XRP different from Bitcoin?
XRP focuses on banking partnerships and fast settlements, whereas Bitcoin operates as a decentralized store of value.
3. Where can I buy XRP?
Major exchanges like OKX, Binance, and Coinbase support XRP trading pairs.
4. What is Ripple’s role in XRP?
Ripple Labs developed the protocol but doesn’t control XRP’s decentralized network.
5. Why are XRP transaction fees so low?
The consensus model reduces operational costs compared to proof-of-work blockchains.
Max Supply and Circulation
- Total XRP: 100 billion (pre-mined).
- Circulating Supply: 43.3 billion (as of 2025).
For real-time updates, track XRP’s price on OKX’s market dashboard.