$XRP Current Price and Market Status

$XRP 's current price is $2.41, with a 0.05% decrease in the last 24 hours. The market capitalization stands at $136.78 billion. The cryptocurrency's 24-hour trading volume has seen a significant surge, with a 28.22% increase to $4.58 billion.

💥Key Statistics

🔹️Market Cap: $140.57 billion (0.39% increase)

🔸️24-hour Trading Volume: $4.58 billion (28.22% increase)

🔹️Circulating Supply: 58.55 billion XRP

🔸️Total Supply: 99.98 billion XRP

🔹️Max Supply: 100 billion XRP

💥Recent Developments

🔹️SEC Settlement:

Ripple and the SEC are working on a $50 million settlement agreement pending judicial approval. This could potentially lead to a price surge, with some analysts predicting XRP could hit $3.

🔸️$XRP Ledger Updates:

The XRP Ledger is known for its low-cost transactions ($0.0002 per transaction), speed (settling transactions in 3-5 seconds), and scalability (1,500 transactions per second). The ledger also features a decentralized exchange (DEX) and custom tokenization capabilities.

💥Price Predictions

Some analysts predict XRP could see double-digit price increases and reduced regulatory uncertainty. However, the cryptocurrency market is known for its volatility, and prices can fluctuate rapidly.