In 2021, the decentralised, open-source XRP Ledger (XRPL) technology was introduced. The XRP Ledger offers benefits such as low transaction fees ($0.0002 on average), fast settlement times (3-5 seconds), scalability (1,500 transactions per second), and intrinsically green attributes (carbon-neutral and energy-efficient). In addition, the XRP Ledger technology includes the first decentralised exchange (DEX) and distinctive tokenization capabilities. Since its launch in 2012, the XRP Ledger has effectively closed 70 million ledgers.
XRP Price Prediction
| DATE | XRP | USD |
|---|---|---|
| Today | 01 |
$0.4041
|
The XRP Ledger supports a variety of payment-related applications and use cases, such as micropayments, DeFi, and soon NFTs. The XRPL was introduced in 2012, and it offers Python, Java, and JavaScript developers robust utility and adaptability. On the XRP website, developers can access a variety of tutorials to get started with various coding languages, app creation, account management, and more.
The XRP Ledger and its native coin, XRP, are used by developers to create remittance and asset tokenization solutions that address inefficiencies. There are currently five primary applications for the XRP Ledger: payments, tokenization, DeFi, CBDCs, and stablecoins.
Today’s Ripple Price
The current price of XRP, with a 24-hour trading volume of $1,324,313,281 USD, is $0.404095 USD. Our XRP to USD exchange rate is always current. The previous day, XRP appreciated by 3.64 percent. With a current market capitalization of $20,527,633,232 USD, CoinMarketCap is currently ranked sixth. It has a maximal supply of 100 billion XRP and a circulating supply of 50,799,084,881 XRP.
