XRP
€1.17
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The price of XRP has fallen 2.66% in the past 7 days.The price declined 0.73% in the last 24 hours.The current price is €1.17 per XRP. XRP is 63.37% below the all time high of €3.20.
The current circulating supply is 61,684,942,428 XRP .
The XRP Ledger is a decentralized blockchain built for payments. Its core feature is the built-in Decentralized Exchange (DEX), which allows for the issuance and trading of any asset—from fiat currencies to commodities—directly at the protocol level. When a user wants to trade two assets with low liquidity (e.g., Japanese Yen to Brazilian Real), the protocol can utilize Auto-Bridging, automatically using XRP as the intermediary asset to facilitate the trade if it offers the most efficient path.
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The XRP ecosystem has moved beyond simple payments into a broader DeFi and institutional framework:
Ripple USD (RLUSD) Launch: In 2025, Ripple Labs officially launched RLUSD, a U.S. dollar-denominated stablecoin. Unlike XRP, which is a volatile native asset, RLUSD is fully backed by cash and short-term Treasuries. It is designed to act as a stable on-ramp for institutional liquidity on the XRP Ledger.
XRPL EVM Sidechain (June 2025): The ecosystem successfully deployed the XRPL EVM Sidechain (developed with Peersyst and Axelar). This sidechain brings Solidity smart contracts to the XRP ecosystem, allowing users to interact with DeFi applications (like Uniswap clones or lending markets) using wrapped XRP (eXRP) as the gas token.
Institutional Wrapped XRP (wXRP): In December 2025, licensed custodian Hex Trust launched a regulated wXRP product. This allows native XRP to be wrapped and utilized in DeFi protocols on other blockchains while the underlying asset remains held in compliant custody, bridging XRP liquidity to the broader Web3 economy.
XRP functions as the utility and protection layer of the ledger:
Bridge Currency: XRP is designed to be the "universal connector" between varying fiat currencies, reducing the need for pre-funded Nostro accounts in cross-border banking.
Anti-Spam Fees: To protect the ledger from DDoS attacks, a tiny fraction of XRP (approx. 0.00001 XRP) is destroyed (burned) with every transaction. This cost increases during periods of high congestion to discourage spam.
Account Reserves: To define a unique entry in the ledger, wallets must lock a "Base Reserve" of XRP (currently 1 XRP, lowered from 10 XRP via validator voting in 2025).
Consensus: Federated Consensus (UNL Validators)
Settlement Time: ~3–5 Seconds
Token Standard: Native XRP (Not ERC-20)
Total Supply: Capped at 100 Billion (Deflationary via Fee Burn)
Key Feature: Native DEX & Auto-Bridging