Price
$2.24
24h% change
1.0%
Volume (24h)
$15.085B
Market Cap
$128.128B
Ripple operates as a privately-held fintech firm, offering a comprehensive global payment solution through its patented payment network, known as Ripple Network or RippleNet. This payment network is constructed atop Ripple's consensus ledger, referred to as XRP Ledger (XRPL), which was developed with funding from Ripple itself.
Distinguishing itself from the majority of cryptocurrencies focused on peer-to-peer transactions, Ripple is designed to facilitate connections among banks, payment providers, and digital asset exchanges. This unique approach enables real-time settlement processing and reduces transaction fees for enhanced efficiency in the financial ecosystem.
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Ripple ’s historic highest price is $3.40, which was recorded on 7th of January 2018. Currently, Ripple ’s price is %34.1 Lower than its historic high.
Ripple ’s historic lowest price is $0.00269, which was recorded on 22nd of May 2014. Currently, Ripple ’s price is %83266.4 Higher than its historic low.
Let's take a look at the important factors that impact Ripple 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.