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XRP price
$2.88
XRP price
About XRP (XRP)
XRP is a digital asset built for payments. It is native to the XRP Ledger, an open-source, permissionless and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds. Ripple is a company that exists independent of XRP. Ripple leverages XRP in its products and is one of many players building on the XRP Ledger.
XRP (XRP) Price Today
XRP price today is $2.88.
7,256,423 XRP was purchased today on Kraken worth $20,898,498. Check out the XRP chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive XRP price alerts. Kraken lets you buy and sell 434 cryptocurrencies, including XRP. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
The bullish take on XRP
XRP could benefit from its established early mover advantage in the market and continue to gain traction among major financial institutions looking to transfer larger sums with near-instant settlement periods.
Increased regulatory clarity in the United States could remove longstanding legal uncertainties for XRP, which could open greater opportunities for adoption and integration into the existing financial system.
Growing institutional interest and strategic partnerships in the global remittance market could bolster XRP's position as a cost effective, efficient and reliable means of transferring value between financial institutions globally.
The bearish take on XRP
Ongoing legal challenges that the Ripple team have recently faced could persist, casting uncertainty over XRP’s regulatory future and place within the market.
Rising competition from emerging blockchain-based payment solutions could erode XRP's market share, as users switch to alternative platforms in the cross-border payments arena.
Limited integration beyond the core financial sector might restrict XRP's broader adoption, potentially curbing its long-term impact and growth prospects.
XRP (XRP) Price History
XRP price is +338.41% over the last year. The highest price of XRP in the last year was $4.79 and the lowest price of XRP in the last year was $0.57.
24h
-1.24%
7d
-0.48%
1m
-14.42%
1y
+338.41%
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