$XRP

The price of $XRP today is approximately $2.29 to $2.31 USD, with a 24-hour trading volume ranging from $1.94B to $8.22B USD. It has a circulating supply of about 58.69 billion XRP and a market cap of around $135.20B to $137.98B USD, ranking it #3 or #4 among cryptocurrencies. XRP is up 1.04% to 2.39% in the last 24 hours but down 2.07% to 15.51% over the past week. Its all-time high was $3.84 on January 4, 2018, and its all-time low was $0.002686 on July 7, 2014.XRP, created in 2012 by Ripple Labs, is designed for fast, low-cost cross-border payments, settling transactions in 3-5 seconds on the XRP Ledger (XRPL). Unlike Bitcoin, $XRP is pre-mined with a total supply of 100 billion tokens, 80% of which were allocated to Ripple, with 55 billion held in escrow for controlled release. The XRPL uses a Federated Consensus mechanism, relying on trusted validators rather than Proof-of-Work or Proof-of-Stake.

Recent sentiment on X shows optimism, with posts mentioning whale activity (e.g., a $23.5M purchase), potential XRP Spot ETFs, and Ripple’s dominance in markets like the UAE. However, these claims are speculative and not conclusive. Regulatory factors, like the ongoing SEC lawsuit since 2020, and market adoption significantly influence XRP’s price volatility. Always verify data with reliable trackers like CoinMarketCap or Coinbase before trading, as crypto markets are highly volatile.