Market cap $390.6B
24h volume $ 21.2B
BTC dominance $ 38.34%
CryptoCurrency Market Сharts
Ripple

Ripple (XRP)

3 rank
MarketCap $34 161 085 619,00
Volume $940 894 000,00
24 high 0,911901
24 low 0,851918
1d
7d
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Ripple number 3 cryptocurrency in the world with capitalization over 34 161 085 619,00 USD. Trading volume for the last 24 hours is 940 894 000,00 USD. Allcoinstat accumulates Ripple trade data from 13 exchanges.

Arbitrage

Ripple markets

Overview

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. The network is decentralized and can operate without Ripple (enterprise), it cannot be shut down. Among validators are companies, internet service providers, and the Massachusetts Institute of Technology. Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that "from banks perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin," including price and security.