XRP price

XRP is the coin of the XRP Ledger, a blockchain launched in 2012 and built for one job: moving money between parties in seconds, for a fraction of a cent per transaction. Banks and payment companies were the intended users. Today most people buy XRP to hold it or to move value between exchanges cheaply.

All 100 billion XRP were created when the ledger launched. There's no mining and no new supply. A large share is held by Ripple, the company most closely associated with the network, and released from escrow on a published monthly schedule. That's worth knowing, because it means supply arrives on a calendar rather than from a protocol.

The price above is set by supply and demand across exchanges worldwide, 24 hours a day. There's no closing bell, which is why it moves while you read this.

Three things drive most of the movement. Regulatory news: XRP's price has reacted to court decisions and regulatory announcements, particularly in the US, more sharply than most large coins. Adoption headlines: announcements about banks, payment corridors or new products on the ledger tend to move the price for a while, then fade. The wider market: like every crypto asset, XRP rises and falls with interest rates, risk appetite and Bitcoin's direction.

XRP spent years trading well below an earlier peak before recovering, and it has fallen by more than half within a single cycle. Nobody can tell you where it goes from here. What this page can tell you is the price now, the shape of its history, and how to buy it properly if you choose to.