What is Ripple (XRP)?

XRP (Ripple) is the native cryptocurrency of a blockchain-based global payment settlement system Ripple. The main goal of Ripple is to enable banks and payment providers to send value internationally quickly and cheaply.

Ripple was created in 2012 by a fintech company called Ripple Labs. XRP (Ripple) currently ranks among the top 10 most valuable blockchain-based tokens by market capitalization.

What Is the Ripple Payment System?

XRP is deployed on XRP Ledger (XRPL) — an open-source public layer-1 blockchain, led by a global developer community. XRPL uses a unique consensus mechanism, the XRP Ledger Consensus Protocol, in which a number of designated servers called validators come to an agreement on the order and outcome of transactions through a voting process.

What Is the Market Cap of XRP?

XRP Ledger was created with the goal to enable tokenized value to be exchanged internationally as quickly as information. Thanks to its unique architecture, XRP Ledger is currently capable of supporting around 1500 transactions per second with transaction speeds of 3 to 5 seconds.

What is XRP’s Circulating Supply?

Ripple is a blockchain-based digital payment network that features its own cryptocurrency XRP.

XRP currently has a market capitalization of ₩261,770,125,874,320

The current circulating supply of XRP is $59,239,646,627.00

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12:34, July 27, 2025 0 KRW

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XRP Price Live Data ( XRP )

XRP is on the decrease this week

XRP price today is ₩4,414.79 with a 24-hour trading volume of ₩4,609,277,491,526. XRP is up +0.11% in the last 24 hours. Over the past hour the price of XRP has risen by +0.12%. The total supply of XRP is $99,985,901,574 and the current circulating supply is set at $59,239,646,627. The current Coingecko ranking of XRP is 3.

Market cap

$261.77T

Circulating supply

$59.24B

Volume (24h)

$4.61T

Fully Diluted Market Cap

$319.39B

As of today at 12:34 PM , converting 5 XRP (XRP) to KRW using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 🌐 22073.95 KRW. The current exchange rate is 1 XRP = ₩4,414.79 KRW, while 1 KRW equals XRP.