XRP XRP #5

XRP (XRP) is a cryptocurrency that currently ranks #5 by market capitalisation. It is commonly associated with Smart Contract Platform, Layer 1 (L1), FTX Holdings.

XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and eliminates the need for pre-funded accounts.

The network is unique because it utilizes a federated consensus protocol instead of energy-intensive mining or staking. This system achieves deterministic finality through a Unique Node List of trusted validators who must reach an eighty percent agreement threshold to permanently record transactions. This infrastructure supports a sustained throughput of 1,500 transactions per second and includes a built-in decentralized exchange that allows for the automated trading of any tokenized asset without intermediaries.

This page combines live market data, historical performance, on-chain supply metrics and a scenario-based forecast for XRP. All figures are for information only and are not financial advice.

XRP is trading at $1.33, up 0.49% over the past 24 hours, within an intraday range of $1.29 to $1.33. Over the last seven days the price has moved -1.80%, and over 30 days -2.34%, for a one-year change of -41.80%.

With a market capitalisation of $82.35B (#5 overall) and 24-hour trading volume of $1.96B, XRP has a volume-to-market-cap ratio of 2.4%, a relatively modest level of daily turnover. The price currently sits 63.6% below its all-time high.

Cross-checked against Binance, the XRPUSDT pair last traded at $1.33 (+0.33% over 24h), confirming the aggregated figure above.

XRP (XRP) operates on a decentralised blockchain. It sits within the Smart Contract Platform and Layer 1 (L1) segment of the market. New XRP enters circulation on a defined schedule toward a hard cap of 100,000,000,000 coins, and every transaction is validated by a distributed network of participants rather than a central authority — which is what lets people transact without a trusted intermediary.

New to the concepts? Our glossary explains blockchain, consensus and wallets in plain English.

Several forces shape the price of XRP. Supply and demand are the foundation: with 61,977,843,307 XRP in circulation against a 100,000,000,000-coin cap, issuance and scarcity directly influence value. Liquidity matters too — XRP turns over $1.96B in a typical 24 hours, roughly 2.4% of its market capitalisation, so larger orders can move the market when volume is thin. At around 67% annualised volatility, sentiment shifts can move the price quickly. Beyond the order book, the biggest drivers include macroeconomic conditions and interest rates, regulation and spot-ETF flows, network adoption and on-chain activity, new exchange listings, and the overall mood of the crypto market.

Gauge overall market sentiment with our live Fear & Greed Index, and track the wider market on the markets page.

At a glance, XRP carries a market capitalisation of $82.35B, placing it at #5 among all cryptocurrencies. Its $1.96B in 24-hour volume reflects how actively it trades, while the 61,977,843,307 XRP in circulation out of 100,000,000,000 maximum set the scarcity backdrop. The distance between the live price of $1.33 and the all-time high of $3.65 frames how much ground a full recovery — or a new record — would need to cover.

XRP has a circulating supply of 61,977,843,307 XRP out of a maximum of 100,000,000,000 XRP, meaning roughly 62.0% of all coins that will ever exist are already in circulation. A capped supply makes XRP disinflationary over time, as issuance slows toward the limit.

Fully diluted valuation (FDV) of $132.85B estimates the market cap if the entire supply were already circulating. A large gap between FDV and the current market cap of $82.35B can signal future token unlocks. Learn more in our tokenomics glossary entry.

XRP reached its all-time high of $3.65 on Jul 18, 2025 and its all-time low of $0.00268621 on May 22, 2014. At the current price, XRP is 63.6% below its peak and 49,366% above its lowest recorded price. The marker above shows where today's price sits within that historical range.

Technically, XRP is in a bearish posture. The price is trading below its 50-day moving average of $1.40 and below its 200-day average of $1.66. Over the past year it has ranged between $1.22 and $3.56. Annualised volatility is around 67%, typical for a major crypto asset. This is a simple momentum read, not a recommendation.

Whether XRP suits you depends on your goals, time horizon and risk tolerance — and nothing here is financial advice. On the positive side, XRP is an established, top-10 asset with deep liquidity. On the cautious side, crypto is highly volatile — XRP's annualised volatility is roughly 67%, drawdowns can be severe, and regulation remains uncertain.

A disciplined approach matters more than any single forecast: size positions to your risk, consider dollar-cost averaging rather than timing the market, and never invest more than you can afford to lose. Use our position-size calculator to plan trades, and read our beginner guides before committing capital.