XRP Price
Sending money between two countries still tends to mean a chain of correspondent banks, each holding pre-funded accounts with the next and each adding delay and cost. XRP is the native asset of the XRP Ledger, a public network designed around that specific ir…
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 68% below its 52-week high — well off recent peaks.
- Max drawdown of -69% over the window — has endured deep peak-to-trough losses.
Supply structure
How much XRP is in circulation versus its fixed maximum — 58.0% of the maximum is circulating today.
XRP derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
What the markets price for XRP
Implied probabilities from live Polymarket prediction markets that mention XRP. Each figure is the market-priced chance of the outcome resolving Yes — a crowd forecast, not ours.
Source: Polymarket · probabilities reflect current market prices and change continuously. Shown for context only — not a forecast, endorsement or financial advice.
Convert XRP to US Dollar
Two-way XRP ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About XRP
Sending money between two countries still tends to mean a chain of correspondent banks, each holding pre-funded accounts with the next and each adding delay and cost. XRP is the native asset of the XRP Ledger, a public network designed around that specific irritation: settle value between parties quickly and cheaply, so that nobody has to park idle money in a foreign account just in case a payment shows up.
The ledger does not use mining or staking. Instead, each server keeps a list of other validators it considers unlikely to collude, and agreement emerges when those overlapping lists converge on the same set of transactions — a design closer to a group of institutions checking each other's work than to an open race for block rewards. All XRP was created at the outset rather than issued over time, with a large share locked into escrow contracts that release on a schedule. Fees are tiny and, unusually, the XRP paid is destroyed rather than handed to anyone.
In practice XRP is used as a bridge asset — converted into and out of local currency at each end of a cross-border transfer so no pre-funded account is needed — and simply as a fast, cheap way to move value between accounts. The ledger also carries a built-in exchange and support for issued tokens, so stablecoins and other assets can settle on it directly. If you are weighing it up, our guide on <a href="/learn/how-to-evaluate-a-crypto-project/">how to evaluate a crypto project</a> is a useful checklist, and <a href="/coins/stellar/">Stellar</a> makes an instructive comparison.
The honest concerns are concentration and contention. A large portion of supply sits with the company most associated with the ledger and with escrow releases, which gives one party unusual influence. Because validator lists are curated rather than open to anyone with hardware, critics question how <a href="/glossary/decentralization/">decentralised</a> agreement really is, while supporters argue known validators are a feature for regulated finance. XRP has also been at the centre of a long, unresolved public argument in the United States over how such tokens should be classified, and that legal uncertainty has shadowed it for years.
XRP vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| XRP XRP | $1.10 | +0.66% | $63.69B |
| BNB BNB | $568.54 | +0.61% | $79.60B |
| Solana SOL | $74.37 | +0.80% | $35.33B |
| TRON TRX | $0.3307 | -0.12% | $28.64B |
| Monero XMR | $363.29 | -0.91% | $6.70B |
| Cardano ADA | $0.1645 | +0.49% | $5.84B |
XRP FAQ
Is XRP the same thing as Ripple?
No, and the two names get muddled constantly. XRP is the token and the XRP Ledger is the open network it lives on. Ripple is a private company that builds payment software, employs many of the ledger's contributors and holds a substantial amount of XRP. The ledger would keep producing transactions without the company, but the company's decisions clearly influence the asset's fortunes.
Why is XRP so cheap per token?
Because there are a great many of them. Price per unit tells you nothing on its own — it is simply total value divided by the number of tokens in circulation. Comparing a low unit price to a high one and concluding that one is a bargain is one of the most common beginner mistakes. Look at market capitalisation and supply together instead.
What is the escrow everyone mentions?
A large tranche of XRP was placed into on-ledger escrow contracts that unlock in scheduled portions, with unused amounts typically returned to escrow. The idea was to make future supply releases predictable rather than arbitrary. Critics still see it as a very large overhang controlled by a single party; supporters see a transparent, mechanical schedule anyone can inspect on the ledger.
What are the main risks of holding XRP?
Three stand out. Regulatory classification of tokens like this remains genuinely contested in several jurisdictions, and outcomes are not predictable. Supply concentration means one party's decisions can matter more than usual. And the payments use case competes with stablecoins, bank consortium projects and other ledgers. Add ordinary price volatility and it is not an asset to size carelessly.
Do I need XRP to use the XRP Ledger?
Yes, in small amounts. Every account must hold a minimum reserve in XRP to exist on the ledger, and each transaction burns a small fee. This is a deliberate anti-spam measure rather than a revenue model, since the burned fee goes to nobody. So even if you mainly want to hold a token issued on the ledger, you need a little XRP alongside it.
Can I store XRP on a hardware wallet?
Yes. The major hardware wallets support XRP, and the general advice applies: anything you would hate to lose belongs off an exchange and under your own keys. Remember the account reserve, and be careful with destination tags — exchanges use them to identify which customer a deposit belongs to, and sending without one can strand funds until support intervenes.
Last updated Jul 25, 2026