$XRP XRP is currently priced at $2.27, with a 4.78% increase in the last 24 hours. Its market capitalization stands at approximately $130.19 billion. Here are some key statistics:

- *Current Price*: $2.27

- *Market Capitalization*: $130.19 billion

- *Open Price*: $2.17

- *High Price*: $2.29

- *Low Price*: $2.16

- *Percent Change*: 4.78%

XRP has shown significant growth, reaching a seven-year high of $3.40 on January 15, 2025. Its price is influenced by various factors, including ¹ ²:

- *Adoption by Financial Institutions*: XRP's use in cross-border transactions and liquidity management drives demand.

- *Regulatory Developments*: The ongoing lawsuit between Ripple and the SEC affects XRP's price.

- *Market Sentiment*: Investor confidence and global macroeconomic trends impact XRP's value.

XRP's advantages include ³ ⁴:

- *Fast Transaction Times*: Settling transactions in 3-5 seconds.

- *Low Fees*: Transaction costs are minimal, around $0.0002 per transaction.

- *Decentralized Ledger*: XRP Ledger uses a unique consensus algorithm for secure and efficient transactions.