XRP, also known as Ripple, is a digital asset and cryptocurrency that is used to facilitate global payments and money transfers. The live XRP price today, as of [Knowledge Cutoff Date], is $0.361195 USD, with a 24-hour trading volume of $1,059,672,737 USD. The price of XRP is updated in real-time, so investors can stay on top of any changes in the market.
Over the last 24 hours, XRP has seen an increase of 3.84% in its value. This puts the current CoinMarketCap ranking of XRP at #6, with a live market capitalization of $18,284,867,474 USD. There is a circulating supply of 50,623,288,122 XRP coins and a maximum supply of 100,000,000,000 XRP coins.
Ripple, the company behind XRP, has been working to increase the real-world utility of the cryptocurrency. In a recent article, they outlined their plans to focus on this in the coming year. This includes partnerships with financial institutions, as well as the development of new use cases for XRP.
Overall, XRP is a notable player in the cryptocurrency market and continues to evolve as a payment solution. With a market cap in the top 10, it is watched closely by many investors and traders. It’s price fluctuates based on supply and demand, market sentiment, news, adoption and many other factors.