In 2021, the XRP Ledger (XRPL), a decentralised, open-source system, was launched. The XRP Ledger provides benefits such as cheap transaction costs ($0.0002 on average), fast settlement periods (3-5 seconds), scalability (1,500 transactions per second), and inherently green properties (carbon-neutral and energy-efficient). The XRP Ledger technology also includes the first decentralised exchange (DEX) and distinctive tokenization features. Since its inception in 2012, the XRP Ledger has effectively closed 70 million ledgers.
Today’s Ripple Price
| DATE | XRP | USD |
|---|---|---|
| Today | 01 |
$0.3701
|
The XRP Ledger supports numerous payment-related apps and use cases, such as micropayments, DeFi, and, shortly, NFTs. The XRPL was introduced in 2012 and offers great utility and freedom to Python, Java, and JavaScript writers. On the XRP website, developers can access a variety of lessons to get started with different coding languages, building applications, handling accounts, and more.
The XRP Ledger and its native currency, XRP, are used by developers to create transfer and asset tokenization solutions that solve inefficiencies. Payments, tokenization, DeFi, CBDCs, and stablecoins are now the primary applications for the XRP Network.
XRP Price Prediction
The current live XRP price is $0.370249 USD, with a 24-hour trading volume of $529,458,144 USD. Our XRP to USD conversion rate is always up-to-date. XRP has dropped by 1.98% in the last 24 hours. CoinMarketCap is presently ranked #6 with a live market value of $18,864,517,100 USD. The total quantity of XRP coins is 100,000,000,000, with a circulating amount of 50,950,912,949 XRP coins.