📊 XRP on Binance: Current rate, prospects, and what you need to know$XRP
🪙 What is XRP?
XRP is a cryptocurrency created by Ripple Labs to simplify and speed up international transfers. Unlike Bitcoin or Ethereum, XRP does not require mining, and transactions take only 3–5 seconds with minimal fees.
The Ripple network is used by dozens of banks and fintech companies, making XRP one of the most practical cryptocurrencies on the Binance market.
💹 XRP on Binance: Today's rate
📆 Date: July 5, 2025
💰 Current price: ~$2.21
📈 Daily change: −0.9%
🔄 Daily range: $2.19 – $2.25
📊 Trading volume (24h): $1.96 billion
🏦 Market capitalization: ~$115 billion
On Binance, XRP shows resilience in the $2.20–2.25 zone, despite market volatility.
🔍 Why is XRP popular on Binance?
• ✅ Fast transactions and low fees
• ✅ High liquidity (one of the top 10 coins by volume)
• ✅ Availability on spot, in pairs with USDT, BTC, BNB
• ✅ Support for trading via API and Binance mobile apps
Binance makes it easy to trade XRP with leverage, use in P2P exchange, and staking (if available in the region).
⚖️ Lawsuit with the SEC: Ripple nearly won
In 2023, Ripple achieved a partial victory over the SEC, and now trading XRP on exchanges is recognized as legal. After that, XRP was relisted on Binance US, Kraken, Coinbase, and other platforms.
This move restored trust in XRP among traders and investors.
🚀 Prospects for XRP
According to Binance and TradingView analysts:
• A breakout above $2.25 may pave the way to $2.30–2.50
• Long-term growth to $3–5 is possible if Ripple receives a banking license or ETF
📌 Interestingly: Ripple is actively testing settlements via XRP in countries in Asia and the Middle East — regions where Binance has a large audience.
📉 Risks to consider
• XRP is more centralized than Bitcoin or Ethereum
• The lawsuit with the SEC is not fully resolved
• Price is sensitive to macroeconomic news and regulatory actions
💡 Withdrawal
On the Binance platform, XRP is:
• 💼 One of the most reliable assets by liquidity
• 🔧 A convenient tool for those who value speed and low fees
• 🚀 Potentially undervalued coin with practical application
If you are looking for a cryptocurrency with real technology and exchange support — XRP on Binance definitely deserves attention.