Ripple (XRP)
Loading...
Loading...

About XRP
Ripple (XRP) is a digital payment protocol designed for fast, low-cost international transactions, primarily used by financial institutions for cross-border payments. Created by Ripple Labs, XRP operates on the Ripple network, utilizing a unique consensus protocol rather than Proof of Work (PoW) or Proof of Stake (PoS). This allows transactions to be confirmed within seconds, making Ripple one of the most efficient networks for moving value globally. XRP serves as a bridge currency in transactions involving different fiat currencies, ensuring liquidity and quick conversions. As a leading cryptocurrency, Ripple is widely available on major exchanges, offering live XRP prices, historical data, and market insights on our Ripple Markets page. With its real-world utility, Ripple is increasingly recognized for transforming global payments.
Fact Sheet
News
XRP Price Analysis: Will Bulls Reclaim $2.50 or Is a Drop to $2.20 Inevitable?
XRP trades at $2.42, boasting a $139 billion market valuation and $4.87 billion in global daily transactions, oscillating between $2.32 and $2.45. This narrow band reflects equilibrium amid evolving market forces, with prices stabilizing after recent volatility. XRP XRP's hourly…

ETF Weekly Recap: Ether ETFs' $420 Million Inflow Outshines Bitcoin ETFs' $204 Million Inflow
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether…

TRON’s 2024 Recap: Record Growth Highlighted in Reports from Messari, CryptoQuant, CryptoRank, and Cointelegraph
PRESS RELEASE. Geneva, Switzerland – February 10, 2025 – Messari, CryptoQuant, CryptoRank, and Cointelegraph, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s significant advancements in blockchain activity, ecosystem expansion, and innovation. These reports…

Largest Brazilian Stock Exchange to Expand Solana and Ether Investment Options
The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether. Brazilian Stock Exchange to Launch Ether and Solana Futures This Year B3, the largest Brazilian stock…

El Salvador Continues Buying Bitcoin Despite IMF Pressure
The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele's administration acquired 18 BTC, with its total…

Frequently Asked Questions about Ripple
What is Ripple (XRP)?
Ripple (XRP) is a digital asset developed for efficient cross-border payments, primarily used by financial institutions. It operates on the Ripple network, which aims to facilitate quick, low-cost international transfers.
How does Ripple differ from other cryptocurrencies?
Ripple uses a unique consensus protocol that doesn’t rely on mining, allowing it to confirm transactions in seconds with minimal energy usage. This makes it faster and more efficient than many other digital assets.
What is the role of XRP in the Ripple network?
XRP acts as a bridge currency, facilitating transactions between different fiat currencies in cross-border transfers. It ensures liquidity and allows for quick conversion of currencies across the Ripple network.
What is Ripple (XRP) transaction cost?
Low transaction costs are one of the core benefits of the Ripple network. On average, for transacting Ripple (XRP), the transaction cost is around 0.00001 XRP.
How to buy XRP?
One can buy Ripple (XRP) directly on Bitcoin.com. Users can also trade XRP on exchanges like Binance, OKX, and Kraken with the help of our Ripple (XRP) Markets page, where you can access real-time XRP prices, a XRP candlestick chart, and expert analysis to make informed trading decisions.
How can I store my Ripple securely?
Ripple (XRP) can be securely stored in hardware wallets like Ledger, as well as in software wallets such as Exodus and Trust Wallet, offering safe and accessible storage options.
Can you stake XRP?
XRP staking is not possible natively. Some centralized exchanges, such as Bitrue, offer XRP staking as an incentive to store XRP on their platform. Instead of staking, a common way for holders to earn APY on their XRP coins is decentralized lending on platforms such as Nexo.
Can you mine Ripple?
While many participants in the Ripple ecosystem wonder if they can mine XRP and how to do it, there is no way to mine Ripple. The possibility of mining was deliberately excluded by the authors. The supply is limited to 100B XRP, and mining is not possible since all coins have already been emitted.
Why do financial institutions use Ripple?
Financial institutions use Ripple for its speed and low transaction costs, which enable fast, low-cost cross-border transactions. Ripple is tailored for real-world applications in global payments.
Is Ripple a good investment?
Ripple’s established role in global payments has made XRP a notable asset in the crypto space. However, investment decisions should be made based on personal research and understanding of market risks.
Can Ripple be used for everyday payments?
While Ripple is primarily designed for cross-border transactions by financial institutions, XRP can also be used for other purposes and is accepted by some merchants, depending on the region and provider.