XRP (also known as Ripple) is a decentralized technology that offers a range of benefits, including low transaction costs, fast settlement times, scalability, and environmentally-friendly features. Additionally, the XRP Ledger technology includes the first decentralized exchange and unique tokenization functionalities, making it a versatile and useful platform for developers.
Since its launch in 2012, the XRP Ledger has closed 70 million ledgers and offers a variety of payment-related applications and use cases, including micropayments, DeFi, and soon, NFTs. Developers can use the XRP Ledger alongside its native coin, XRP, to build remittance and asset tokenization solutions that address inefficiencies in traditional payment systems.
Currently, XRP is trading at $0.395969 USD with a 24-hour trading volume of $1,108,215,501 USD. Over the past 24 hours, XRP has increased by 3.78%. CoinMarketCap currently ranks XRP as the #6 cryptocurrency with a live market cap of $20,174,999,034 USD. There are 50,950,912,949 XRP coins in circulation, with a maximum supply of 100,000,000,000 XRP coins.