#XRPETF XRP is currently trading at $2.20, with a 0.8% increase in the last 24 hours. The cryptocurrency has a market capitalization of $128.75 billion, ranking third in the market. XRP's price has been fluctuating, with a 24-hour low of $2.18 and a high of $2.25.
*Key Statistics:*
- *Current Price:* $2.20
- *Market Cap:* $128.75 billion
- *24-hour Trading Volume:* $40.17 million
- *Circulating Supply:* 58.44 billion XRP
- *All-time High:* $3.84 (down 42.69% from its peak)
*Use Cases:*
- *Cross-Border Payments:* XRP facilitates fast and low-cost international money transfers.
- *Liquidity Provision:* Financial institutions use XRP to source liquidity on-demand.
- *Tokenization:* The XRP Ledger supports the creation and management of digital assets.
*Recent Developments:*
- *SEC Lawsuit:* Ripple secured a partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC).
- *Tokenized Asset Expansion:* Ripple collaborated with Archax to tokenize hundreds of millions of dollars in real-world assets on the XRP Ledger.
- *New Banking Partnerships:* Ripple secured partnerships with global financial institutions ¹.
