XRP (XRP)

Rank #6

Market snapshot

Price
$1.11
Market cap
$69.4B
24h volume
$3.3B
Circulating supply
62,676,938,832
Total supply
99,985,629,672
Max supply
100,000,000,000

What is XRP?

XRP (XRP) is a cryptocurrency. It is designed to enable efficient transactions and is utilized within the XRP Ledger (XRPL), which is a decentralized public blockchain led by a global community of businesses and developers.

Key information

Symbol
XRP
CMC rank
#6
Network / platforms

BNB, BNB Smart Chain (BEP20), KAIA, Solana

Categories
N/A
Date added
Aug 4, 2013

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB

    0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe
  • BNB Smart Chain (BEP20)

    0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe
  • KAIA

    0x9eaefb09fe4aabfbe6b1ca316a3c36afc83a393f

Documented uses

At fractions of a penny per transaction, costs are inexpensive enough to enable a wide variety of blockchain use cases. A high-performance decentralized peer-to-peer multi-currency exchange is built directly into the blockchain.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is XRP?
XRP is a cryptocurrency that operates on the XRP Ledger.
What are the risks associated with transferring XRP?
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets.
How can I verify my XRP acquisition?
Verify the asset name, network, and any supplied contract details before transferring.
Where can I find official resources for XRP?
Official resources for XRP can be found on the XRP Ledger website and its GitHub repository.
What are the documented use cases for XRP?
XRP enables a wide variety of blockchain use cases, including a decentralized peer-to-peer multi-currency exchange.

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