XRP (XRP) is ranked #5 by market capitalisation, at $96.2B. Circulating supply: 62.88B XRP, out of a maximum supply of 100B. The price is 58.1% below its all-time high of $3.65, set on July 17, 2025. Categories: Smart Contract Platform, Layer 1 (L1), XRP Ledger Ecosystem, GMCI 30 Index.
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.
Read more
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 tokenized asset without intermediaries.
Project description: CoinGecko (in English).
