Investment firm offloads XRP holdings while maintaining Bitcoin exposure
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
XRP (XRP) — Price, Data & News
XRP price today
XRP (XRP) is trading at $1.27, down 8.30% over 24 hours, with a market capitalisation of $79.7B.
| Price | $1.27 |
|---|---|
| 24h change | -8.30% |
| Market cap | $79.7B |
| Rank | #5 |
| Maximum supply | 100,000,000,000 XRP (all pre-mined) |
Market data from CoinStats, refreshed continuously. See our full crypto price tracker and live market data.
What is XRP?
XRP is the native asset of the XRP Ledger, a payments-focused blockchain launched in 2012. All 100 billion XRP were created at inception rather than mined, and the ledger settles transactions in a few seconds using a validator consensus mechanism rather than proof-of-work.
| Launched | 2012 |
|---|---|
| Created by | Ripple Labs founders |
| Consensus | XRP Ledger Consensus Protocol |
| Supply | 100,000,000,000 XRP (all pre-mined) |
XRP key facts
- Entire supply of 100 billion was created at launch; no mining or staking issuance.
- Settlement typically completes in three to five seconds.
- Designed primarily for cross-border payments and liquidity between currencies.
- The SEC's case against Ripple, filed in December 2020, was a defining regulatory event for the asset.
How XRP works
Independent validators agree every few seconds on which transactions to apply. There is no mining reward; a small amount of XRP is destroyed with each transaction as an anti-spam measure, slowly reducing total supply over time.
What XRP is used for
- Cross-border settlement between financial institutions
- Providing on-demand liquidity between currency pairs without pre-funded accounts
- Low-cost transfers where multi-second finality is sufficient
Latest XRP news
Protesters Target Chris Larsen Home Over Surveillance Concerns
Demonstrators gathered outside the residence of Ripple co-founder Chris Larsen to protest the deployment of Flock Safety surveillance cameras.
Crypto Market Correction: Bitcoin, XRP, Ethereum, and Solana Face Pressure
Major digital assets including Bitcoin, XRP, Ethereum, and Solana are currently experiencing a sharp market correction, raising questions about future recovery.
Robinhood Prediction Market Sets SOL Price Target for August 2026
Robinhood has introduced an innovative prediction market for the SOL price on Aug 9, 2026, allowing users to speculate on Solana's projected valuation.
XRP Price Prediction 2027: Analysts Eye Upcoming Growth Targets
Industry analysts are projecting potential price targets for XRP by late 2027 as corporate interest and policy clarity evolve.
Bitcoin vs. XRP: Analyzing Long-Term Investment Potential
Investors weigh Bitcoin's store-of-value dominance against XRP's utility-focused cross-border payment network in the search for long-term growth.
Live Crypto Prices: Bitcoin Holds at $63,896 While Altcoins Underperform
Bitcoin holds steady at $63,896.0 amid rate concerns and geopolitical tensions, while Ethereum and other major altcoins face downward pressure.
Zcash Surges Over 19% This Week as Real-time Crypto Prices Show Mixed Market Movements
Investing.com's real-time crypto prices reveal Zcash's impressive 19.10% weekly surge, defying a broader market downturn. Get the latest cryptocurrency market data and analysis.
Kansas Athletics Forges Landmark XRP Jersey Patch Deal
Kansas Athletics announced a five-year jersey patch partnership with Ripple, featuring XRP across all sports uniforms. This planned alliance marks one of university sports' most lucrative crypto sponsorships, extending beyond mere branding to actively integrate the crypto finance narrative. The collaboration aims to educate and foster understanding of the XRP cryptocurrency.
Real-Time Crypto Prices: Bitcoin and Ethereum Post Modest Gains, Cardano Surges
Bitcoin and Ethereum recently recorded modest price increases, reflecting a period of cautious optimism in the digital asset market. Altcoins like Cardano, however, demonstrated significant upward momentum, capturing market attention. It's essential for investors to understand real-time crypto prices when navigating market volatility.
German Banks Open Crypto Trading to Millions of Retail Customers
German cooperative and savings banks are rolling out direct crypto trading services to millions of retail clients, signaling a major shift in the nation's traditionally conservative financial sector.
Trump Crypto Earnings Soar Past $1.4 Billion in 2025
Donald Trump's 2025 financial disclosures reveal over $1.4 billion in income from crypto and digital coin ventures, marking a significant financial boost.
Upcoming XRP events
- Swell 2026 in New York City, USA — 27 October 2026
XRP FAQ
Is XRP mined?
No. All 100 billion XRP were created when the ledger launched. Transaction fees are burned rather than paid to validators, so the circulating supply gradually decreases instead of growing.
What is XRP designed to do?
It targets cross-border payments — moving value between institutions and currencies without the pre-funded accounts correspondent banking normally requires. That focus is why speed and low cost were prioritised over general-purpose programmability.