$XRP
The current price of $XRP is approximately $2.35 USD, with a 24-hour trading volume of around $2.92 billion to $8.22 billion, depending on the exchange. It has a market cap of about $137.02 billion to $140.04 billion, ranking it #3 or #4 among cryptocurrencies. XRP is down about 1% in the last 24 hours and 8% over the past week. Its all-time high was $3.84 on January 4, 2018, and its all-time low was $0.002802 on July 7, 2014. The circulating supply is around 58.62 billion XRP out of a maximum supply of 100 billion.
$XRP , created by Ripple Labs in 2012, is designed for fast and low-cost cross-border payments, using the XRP Ledger’s Federated Consensus mechanism, which processes transactions in 3-5 seconds. It serves as a bridge currency for financial institutions, with low transaction fees (around 0.00001 XRP). Unlike Bitcoin, XRP is pre-mined, with Ripple controlling a portion held in escrow.
Recent posts on X mention sentiment around XRP, including speculation about price surges due to Ripple’s potential acquisition of Circle and regulatory developments, but these claims are inconclusive and speculative. Always verify such information, as X posts can be unreliable. For real-time updates, check trusted platforms like CoinMarketCap, Coinbase, or Binance.