XRP XRP
Rank #4$1.34
+1.26%
CoinGecko · just now
About XRP
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 tok
Frequently Asked Questions about XRP
What is XRP (XRP)?
XRP (XRP) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $82.50B, making it one of the notable digital assets in the crypto market.
What is the current price of XRP?
The current price of XRP (XRP) is $1.34. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy XRP?
You can buy XRP (XRP) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is XRP a good investment?
Whether XRP is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
