What XRP is
XRP is a Layer-1 blockchain network, currently ranked 6th by market capitalization among the assets we track. XRP is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock XRP as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.
XRP is a digital currency designed for fast and low-cost international money transfers, primarily used by the Ripple payment network. It aims to facilitate secure cross-border transactions and improve the efficiency of global banking systems.
How consensus and the token economy connect
Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets XRP finalize transactions without miners.
Under the hood, XRP secures its ledger with Ripple Protocol Consensus Algorithm, built on the Ripple Protocol Consensus Algorithm algorithm.
Background & fundamentals
XRP first went live in 2013, giving it roughly 13 years of on-chain price history to draw on. A documented core team of 14 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in XRP. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Cryptocurrency, Payments, and Scalable.
Where XRP sits in the market
At $1.11, XRP carries a market capitalization of $66.24B. Around $1.20B changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.81% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Almost the entire XRP supply is already in circulation (~100.0% of the 100B cap), so future dilution is effectively off the table. XRP remains -71% beneath its all-time high of $3.84, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.1710, XRP is up +549%.
What the price history shows
Recent moves read 24-hour -1.79%, 7-day -8.51%, 30-day -7.13%, 1-year -41.33%. Across roughly the last 365 days of daily candles, XRP endured a peak-to-trough drawdown of about 66% before stabilizing.
Volatility profile
Recent action puts XRP in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -7.13%, a useful input for stop placement and position sizing.
How to evaluate XRP
The honest checklist for XRP is short:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of XRP staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen XRP over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
