Market data as of 40 min. ago
$1.31▲ +1.1%
Price history
Key figures
- Market cap
- $82.7B
- Fully diluted
- $130.9B
- 24h volume
- $1.59B
- Circulating supply
- 63,129,671,205 XRP
- Total supply
- 99,985,607,990 XRP
- Max supply
- 100,000,000,000 XRP
- FDV to market cap
- 1.58×
- Supply issued
- 63.1 %
- Listed since
- Aug 4, 2013
Above 1 means supply is still being issued
Circulating share of the maximum
Change
- 1h
- ▲ +0.0%
- 24h
- ▲ +1.1%
- 7d
- ▼ −7.5%
- 30d
- ▼ −7.9%
How this coin behaves
Measured from 1195 days of daily closes. These describe what the price has done, not what it will do.
- 30-day volatility
- 0.5 %
- Typical day
- 1.4 %
- Days closing higher
- 43 %
- Best day
- ▲ +21.2%
- Worst day
- ▼ −19.6%
- Deepest drawdown
- ▼ −72.1%
- Below its high
- ▼ −63.1%
- Correlation with BTC
- 0.89
Standard deviation of daily moves, annualised
Median daily move over 90 days
Over the last 365 days
Feb 6, 2026
Feb 5, 2026
Jul 22, 2025 to Aug 16, 2026
High of $3.55 on Jul 22, 2025
Daily moves over 90 days, −1 to +1
Base rates and derivatives positioning
How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.
Included with Pro+
Base rates turn a price target into a frequency: how often a move that size has happened before.
What the asset actually is
XRP is the native asset of the XRP Ledger, a payment network that settles in seconds and was designed from the start for moving value between currencies rather than for running programs. There is no mining and no staking: validators run the consensus protocol without being paid in newly issued tokens, because there are none.
The entire supply of one hundred billion units was created at launch. That single fact separates XRP from most of the assets in this domain: there is no issuance schedule to model, only a distribution schedule. Supply falls very slightly over time because each transaction destroys a tiny fee rather than paying it to anyone.
The asset is closely associated with one company, which holds a large portion of the supply and develops payment products around the ledger. That association is why regulatory questions about the company reprice the asset, and why the market treats corporate announcements as asset news in a way that has no equivalent for bitcoin.
No mining, no staking, no issuance. The supply question here is who holds it and when it unlocks.
What it is used for
The intended use is cross-border settlement: converting one currency into XRP, moving it across the ledger in seconds, and converting it out at the other end - a bridge asset that removes the need to pre-fund accounts in every destination country. For a payments firm, the capital freed by not pre-funding is the entire commercial argument.
Alongside that sits ordinary exchange trading, which accounts for most volume by value, and a modest set of on-ledger applications: a built-in decentralised exchange, issued tokens and payment channels.
The honest caveat is that measuring genuine settlement usage from the outside is hard. On-ledger transaction counts include exchange internal transfers and market-making, so a rise in activity does not automatically mean a rise in payment corridor volume.
1Sender pays local currency
Into a payment provider
2On-ramp to XRP
Bought on a local exchange venue
Needs a liquid local pair to work
3Ledger transfer
Settles in seconds, fee destroyed
4Off-ramp to destination currency
Sold on a venue in the receiving market
5Recipient paid
No pre-funded account required at either end
How supply reaches the market
Because nothing is mined, the only way new units reach circulation is release from holdings. In 2017 the associated company locked fifty-five billion XRP into a series of escrow contracts, each releasing up to one billion per month. What is not used in a month is re-escrowed at the back of the queue, which stretches the schedule out over many years.
That mechanism is public and verifiable on the ledger, which makes it one of the more transparent supply schedules in crypto - and one of the most contested, because critics read regular releases as persistent supply pressure while the company describes most released tokens as returning to escrow unused.
The burn is real but immaterial. Every transaction destroys a fraction of a unit as an anti-spam measure. Over the ledger's lifetime this has removed a tiny share of the original supply; it is a design feature, not a supply story.
- 100 billion units created at genesis; none created since.
- Escrow releases up to 1 billion per month; unused amounts are re-escrowed.
- Every transaction destroys a small base fee, permanently reducing supply.
- Escrow contracts and balances are verifiable on the ledger itself.
| Name | Share |
|---|---|
| In circulationHeld by exchanges, funds and individual holders | 60share of total supply |
| Held in escrowReleases on a published monthly schedule | 35share of total supply |
| Company holdings outside escrowDisclosed in quarterly reports | 5share of total supply |
Source: XRP Ledger escrow contracts and company disclosures
Behind the subscription
The rest of this entry is the part that changes a decision: what moves the price, which contract sets it, who ships it and where that can be cut off.
What moves the price
Six drivers, led by the one no other major asset has: a legal docket that has repriced this token by double digits in a single afternoon.
Where it trades and what settles a contract
Which venues carry real depth, why the US listing map has changed twice, and what a dated contract can reference.
Where the supply sits
Escrow, company balance sheet, exchanges, everyone else - and why this distribution makes disclosure days into price events.
How this shows up in prediction markets
Price thresholds plus a family of legal and listing questions where the resolution text carries all the risk.
Included with a subscription
Create an account to unlock the full entry — price drivers, trading venues, trade flows and the live markets attached to it.
About XRP
XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,985,607,990 with 63,129,671,205 in circulation. The last known price of XRP is 1.325499 USD and is down -3.49 over the last 24 hours. It is currently trading on 1890 active market(s) with $2,298,238,585.31 traded over the last 24 hours. More information can be found at https://xrpl.org/.
Links
What the market implies for the XRP price
Every open market that names a XRP price level, ordered by how far that level is from today. The price is what traders currently pay for it. Measured against $1.31
Levels above the price
| Level | Move needed | Market price | Resolves |
|---|---|---|---|
| ↑ $1.60on touching | ▲ +22.2% | 11 %▲ +0.0% | in 13 days |
| ↑ $1.80on touching | ▲ +37.5% | 3 %▼ −1.3% | in 13 days |
| ↑ $2.00on touching | ▲ +52.7% | 19 %▲ +5.0% | in 74 days |
| ↑ $2.00on touching | ▲ +52.7% | 2 %▼ −1.0% | in 13 days |
| ↑ $2.20on touching | ▲ +68.0% | 3 %▼ −0.4% | in 13 days |
| ↑ $2.60on touching | ▲ +98.5% | 6 %▼ −0.5% | in 74 days |
| ↑ $2.60on touching | ▲ +98.5% | 1 %▲ +0.4% | in 13 days |
| ↑ $2.80on touching | ▲ +113.8% | 5 %▼ −0.8% | in 74 days |
| ↑ $2.80on touching | ▲ +113.8% | 1 %▼ −0.3% | in 13 days |
| ↑ $3.00on touching | ▲ +129.1% | 4 %▼ −0.5% | in 74 days |
Levels below the price
| Level | Move needed | Market price | Resolves |
|---|---|---|---|
| ↓ $1.00on touching | ▼ −23.6% | 5 %▼ −2.9% | in 13 days |
| ↓ $0.8on touching | ▼ −38.9% | 11 %▲ +0.0% | in 74 days |
| ↓ $0.6on touching | ▼ −54.2% | 6 %▼ −0.5% | in 74 days |
| ↓ $0.4on touching | ▼ −69.5% | 2 %▲ +0.0% | in 74 days |
| ↓ $0.2on touching | ▼ −84.7% | 1 %▼ −0.2% | in 74 days |
| ↓ $0.2on touching | ▼ −84.7% | 0 %▼ −0.1% | in 13 days |
A historical frequency, not a probability. It counts how often the move happened in the last three years of daily closes; a change in regime breaks it. Market prices are live and move. 2 more open markets on this coin do not name a price level.
Historical frequency, other venues, options
How often this coin has actually covered each of these distances in a window of that length, what Kalshi charges for the same question, and for bitcoin and ether what the options market implies.
Included with Pro+
The market price says what traders charge. The base rate says how often it has happened. Seeing both in one row is the whole point.
Other open markets on this coin
Open prediction markets whose question turns on XRP. Prices update with the rest of the site.
Ripple Labs IPO before 2027?
Volume $158.7K
3 %
▲ +0.0%
Will XRP reach $5.00 by December 31, 2026?
Volume $144.9K
3 %
▲ +0.1%
Will XRP reach $4.00 in October?
Volume $114.2K
0 %
▲ +0.0%
Will XRP reach $4.20 by December 31, 2026?
Volume $24.3K
3 %
▲ +0.0%
XRP all time high by December 31, 2026?
Volume $22.2K
5 %
▼ −1.2%
Will XRP reach $3.80 by December 31, 2026?
Volume $9.7K
3 %
▼ −1.1%
AI scan
What is moving the XRP price right now — researched with sources, not a price target.
Every scan uses one of your research credits.
Common questions
What did the US court actually decide about XRP?
In 2023 the court held that sales of the token on public exchanges did not amount to securities offerings, while direct institutional sales did. A final judgment followed in 2024, and the appeals were dropped in 2025, leaving that split ruling in place. It removed the existential case against the token without settling every question around the company.
Does the monthly escrow release push the price down?
Not mechanically. Up to one billion units unlock each month, but a large part is returned to escrow unused. The schedule is public and verifiable on the ledger, so treat it as a known calendar item rather than a hidden supply shock - and check the ledger rather than the headline.
Is XRP mined or staked?
Neither. The full supply was created at genesis, validators are not paid in new tokens, and there is no staking yield. The only supply change is the tiny fee destroyed by each transaction, which shrinks supply almost imperceptibly.
Why does one company matter so much for this asset?
Because it holds a large share of supply, runs the escrow schedule, and builds the payment products the asset is meant to serve. That concentration makes corporate disclosures and legal outcomes into asset-level price events, which is not the case for bitcoin or ether.
How volatile is XRP?
Over the last 30 days, XRP has an annualised volatility of 0.5 %. The median daily move across the last 90 days is 1.4 %. Both describe what the price has done, not what it will do.
What is the biggest drawdown XRP has had?
Across the daily closes on file, the deepest peak-to-trough fall is 72 %, from 2025-07-22 to 2026-08-16. The highest close in that window is $3.55 on 2025-07-22.
Other coins in Layer 1 blockchains
Each of these has its own page with the same figures and history.