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Price data by
AD
CoinsXRP
XRP
XRP
xrp
$0.476
-1.848%
FTX Holdings
Cryptocurrency
Pantera Capital Portfolio
Andreessen Horowitz (a16z) Portfolio
24-Hour Range
$0.468
$0.485
Low
High
Market Cap (Mcap)
Rank
#8
Mcap
$26.53B
Fully Diluted Mcap
$47.70B
Supply
Circulating
55,618,185,850
Total
100,000,000,000
Created On
N/A
All Time High (ATH)
ATH
$3.40
ATH Change
-85.97%
ATH Date
Jan 7th, 2018
Total Value Locked (TVL)
TVL
N/A
MCap to TVL Ratio
N/A
FDV to TVL Ratio
N/A
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Learn about XRP
XRP News

Jun 21, 2024

Ripple CEO Brad Garlinghouse.

Law and Order

Ripple CEO Faces Trial Over Alleged 'Misleading Statements' in 2017 Interview

Ripple Labs, the blockchain company that's come under fire for its sale of XRP tokens, is facing yet another legal battle as a civil securities lawsuit against its CEO, Brad Garlinghouse, has been given the green light by a California federal court judge. The lawsuit, which alleges that Garlinghouse made "misleading statements" in a 2017 interview, will now proceed to trial, with a jury set to hear the case. The lawsuit centers around an interview Garlinghouse gave to Canada's BNN Bloomberg in 2...

by Nathan Minsberg ·

Jun 21, 2024

Standard Chartered want to hold more crypto assets under management. Image: Shutterstock

Markets

Standard Chartered Is Creating a Bitcoin and Ethereum Trading Desk in London

British multinational bank Standard Chartered is creating a Bitcoin and Ethereum trading desk in London, according to a report from Bloomberg. This will make it one of the first global banks to enter spot crypto trading, in the wake of spot Bitcoin and Ethereum ETFs being approved in the U.S.. Standard Chartered’s new crypto desk will begin trading soon, two people told the outlet, and will be part of the Forex trading unit. “We have been working closely with our regulators to support demand fro...

by Ryan S. Gladwin ·

Jun 14, 2024

Source: Shutterstock

Coins

Ripple Cites Terra Settlement in Appeal to Cut Penalty From $2 Billion to $10 Million

The math ain't mathing, says Ripple Labs. The company behind the XRP token argued in a letter filed in its Securities and Exchange Commission court battle that the recent $4.5 billion Terraform Labs settlement is evidence its proposed penalty should be reduced to $10 million. Earlier this year, the SEC proposed that Ripple Labs, the company behind XRP, pay a civil penalty of $2 billion. That would include $876 million in disgorgement, $198 million in prejudgment interest, and an additional $876...

by Stacy Elliott ·

May 23, 2024

XRP is one of the largest cryptocurrencies by market cap. Image: Shutterstock

Markets

'We Heard You': Coinbase Resumes XRP Trading in New York

America's biggest crypto exchange Coinbase has reenabled trading of XRP in New York. The San Francisco-based company's chief legal officer, Paul Grewal, made the announcement today on Twitter (aka X). Coinbase withdrew XRP trading in 2021 following an lawsuit against Ripple, a fintech company whose founders launched the cryptocurrency. The exchange had reintroduced XRP support in other U.S. states but not New York—which has historically been stricter on the digital asset industry than other part...

by Mat Di Salvo ·

May 8, 2024

Image: JRdes / Shutterstock.com

Law and Order

SEC Wants More Than Just a 'Slap On the Wrist' Against Ripple

The U.S. Securities and Exchange Commission says that the penalty that Ripple is willing to pay after a long drawn out legal battle would be a “slap on the wrist that neither punishes nor deters” wrongdoing. The regulator argued in a Tuesday filing that its initial $2 billion demand would be more appropriate than the nearly $10 million fine Ripple proposed last month.  The SEC said that Ripple’s offer would not deter other cryptocurrency businesses from violating Section 5 of the Securities Act,...

by Mat Di Salvo ·

Apr 4, 2024

Ripple is a crypto payments company. Image: Shutterstock

Coins

Ripple to Launch USD-Backed Stablecoin on Ethereum and XRP Ledger

Fintech firm Ripple announced Thursday that it plans to launch its own stablecoin pegged to the U.S. dollar across the Ethereum and XRP Ledger blockchains. Set to roll out later this year, an as-yet-unnamed crypto stablecoin will be fully backed by U.S. dollars, short-term U.S. government treasuries, and “other cash equivalents,” according to a release. Ripple says it will provide monthly attestations of its holdings that back the stablecoin, which will be audited by a third-party accounting fir...

by Andrew Hayward ·

Mar 25, 2024

Law and Order

SEC to Seek $2 Billion From Ripple Labs, Says Chief Legal Officer

The U.S. Securities and Exchange Commission will seek $2 billion in penalties from Ripple, the fintech firm’s chief legal officer has announced.  Stuart Alderoty said on Twitter on Monday that the top regulator will seek the fine from a judge tomorrow.  “As you will see when the SEC’s brief is made public tomorrow, they ask the Judge for $2B in fines and penalties,” he wrote.  Our response will be filed next month, but as we all have seen time and again, this is a regulator that trades in state...

by Mat Di Salvo ·

Jan 31, 2024

Image: Shutterstock

Law and Order

Ripple Founder Hacked for $113 Million, XRP Drops 5%

The price of XRP dropped Wednesday morning Eastern Time following reports of a hack on Ripple, the fintech company whose founders created the sixth-largest cryptocurrency by market cap. Ripple co-founder and Executive Chairman Chris Larsen said on Twitter (aka X) that there "was unauthorized access to a few of my personal XRP accounts," but ultimately clarified that the attack was not against Ripple itself. He added that the exchanges had frozen the addresses and that “law enforcement is already...

by Mat Di Salvo ·

Jan 17, 2024

Ripple CEO Brad Garlinghouse speaks at TechCrunch Disrupt SF on September 5, 2018 in San Francisco. Image: Steve Jennings/Getty Images for TechCrunch (CC BY 2.0)

Law and Order

Ripple CEO Slams 'Very Hostile' SEC, Says Gensler Is a 'Political Liability'

Ripple CEO Brad Garlinghouse has slammed Wall Street’s biggest regulator, calling the United States Securities and Exchange Commission (SEC) “very hostile” in a Tuesday interview.  Speaking to CNBC at the World Economic Forum in Davos, the fintech boss said that SEC Chairman Gary Gensler was a “political liability” and that his way of regulating the crypto industry wasn’t working.  Ripple, which was behind XRP, the sixth biggest digital asset by market capitalization, locked horns with the SEC b...

by Mat Di Salvo ·

Nov 14, 2023

Law and Order

BlackRock XRP Trust Faker Referred to Delaware DOJ

The price of XRP shot up yesterday after someone filed a fake "BlackRock iShares XRP Trust" name registration with the state of Delaware. Now, the state prosecutors are involved. According to a Tuesday Bloomberg report, the Delaware Office of the Secretary of State has informed the state Department of Justice about the bogus filing. On Monday, an application labeled "BlackRock iShares XRP Trust" was filed in Delaware. If real, it would have signaled a forthcoming XRP ETF filing from BlackRock, j...

by Mat Di Salvo ·

Nov 13, 2023

XRP, created by the founders of Ripple, is one of the most popular crypto assets in the market. Image: Shutterstock

Coins

XRP Pumps, Then Dumps on Fake BlackRock Trust Filing

For a brief moment today, XRP holders were in disbelief. And for good reason. The "BlackRock iShares XRP Trust" filing in Delaware that sent the crypto asset flying 12% in just half an hour was a fake. Someone did indeed submit the corporate registration in Delaware—but it wasn't BlackRock, a company spokesperson confirmed to Decrypt. BlackRock, which did register the name for its iShares Ethereum Trust in Delaware last week, told Decrypt in an email that the XRP filing is false. The fake XRP tr...

by Stacy Elliott ·

Nov 6, 2023

Image: Leksiv/Shutterstock

Coins

XRP Leads Crypto Market Rally, Soaring 12% Overnight

The price of XRP has shot up 11.5% overnight, making it the best-performing cryptocurrency in the top ten. At the time of writing, the fifth biggest cryptocurrency was last trading hands for $0.71, according to CoinGecko. Stepping back, and the picture is even more bullish, with XRP jumping 24% over the past week What Is XRP? The Cryptocurrency Created by Ripple Founders Investors may be feeling more bullish after Ripple received approval for use within the Dubai International Financial Centre (...

by Mat Di Salvo ·

Nov 6, 2023

The Coins

What Is XRP? The Cryptocurrency Created by Ripple Founders

Earn a free on-chain NFT by taking our free course, Crypto Investing: Fundamentals First.  Decrypt will cover gas fees for the first 10,000 mints! XRP has soared in the weeks following he U.S. Securities and Exchange Commission's decision to drop its suit against Ripple in October 2023. The investment watchdog organization had charged the Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen in 2020 with an unregistered sales of securities, in the form of $1.3 billion in XRP. Ripp...

by Matt Hussey ·

Oct 19, 2023

Image: Shutterstock

Coins

SEC Dismisses Lawsuit Against Ripple Execs in 'Stunning Capitulation'

The United States Securities and Exchange Commission (SEC) voluntarily dismissed charges Thursday against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen, both of whom had been charged alongside the company for allegedly violating securities laws with sales of the XRP token. Ripple described the decision as a "stunning capitulation" in a press release, while Ripple Chief Legal Officer Stuart Alderoty called it "a surrender by the SEC" in a tweet. The price of XRP is up about 5%...

by Sander Lutz ·

Oct 18, 2023

Image: Shutterstock

Gaming

Roblox Debunks 'Inaccurate' XRP Support Claims, Says Crypto Payments Not Allowed

On social media, false claims can spread like wildfire—even well after the source media has been deleted. Roblox has denied that it will support XRP payments, despite claims that spread widely on Tuesday, telling Decrypt that any suggestion that gamers could buy Robux to pay for in-game items with Ripple’s XRP token is “inaccurate.”  The rumors began swirling late Monday when payments processor BitPay tweeted that users could begin using Ripple’s XRP token for Xsolla payments in supported games—...

by Kate Irwin ·

Oct 13, 2023

Markets

Ripple’s Win Over SEC Gave XRP a Massive Boost—That’s All Gone Now

The price of Ripple (XRP) exploded back in July after an American judge ruled that the asset was not a security in certain cases. It has now erased those gains and is currently one of the worst-performing cryptocurrencies over the past week. XRP at the time of writing was trading for $0.48, according to CoinGecko. That's a 8% drop in value in seven days. The asset boomed following the court ruling and touched as high as $.0.82. Institutional investors plugged cash into the asset and Ripple's Gen...

by Mat Di Salvo ·

Oct 13, 2023

Ethereum price drop leads to increased network activity. Image: Shutterstock.

Markets

Ethereum, Solana and XRP Lead Losses in Rough Week for Crypto Market

The crypto market took a hard hit this week, with Ethereum, the second biggest digital asset, one of the most severely bruised. Every major coin and token is down significantly over the past seven days but Ethereum (ETH) is trading for $1,543—a drop of over 6% in the past week. The asset isn't just suffering in the short-term, either: it's at its lowest point since March, CoinGecko data shows. Ethereum's network underwent a major upgrade over a year ago, moving to a proof-of-stake blockchain wh...

by Mat Di Salvo ·

Oct 4, 2023

Image: Shutterstock

Coins

XRP Rallies Amid Singapore License Approval, SEC Appeals Rejection

XRP, the native token of the Ripple protocol, is up nearly 4% over the past 24 hours, trading at $0.528 at the time of writing. This is despite XRP slightly backtracking from a recent high of $0.545 set last night, data from CoinGecko shows. This makes the crypto industry’s fifth-largest asset by market cap the best-performing asset among the top 50 cryptocurrencies, with the likes of Bitcoin (BTC) and Ethereum (ETH) posting daily losses of 0.5% and 1.3%, respectively. XRP is also up 6.2% over...

by Andrew Asmakov ·

Aug 9, 2023

Image: Shutterstock

Business

SEC Says It Plans to Appeal XRP Sales Ruling in Ripple Case

The Securities and Exchange Commission (SEC) signaled on Wednesday that America’s financial watchdog plans to appeal a court’s recent decision that found the cryptocurrency XRP is not necessarily a security on its face. “The SEC seeks to certify the Court’s holding that Defendants’ ‘Programmatic’ offers and sales to XRP buyers over crypto asset trading platforms and Ripple’s ‘Other Distributions’ in exchange for labor and services did not involve the offer or sale of securities,” the SEC said in...

by André Beganski ·

Jul 23, 2023

Image: Shutterstock

Business

SEC Appeal Not a ‘Setback’ for Ripple XRP Ruling, Crypto Lawyer Says

An appeal from the Securities and Exchange Commission (SEC) in its case against Ripple Labs does not represent a significant blow to Ripple's recent courtroom victory, according to crypto lawyer John Deaton. “An appeal is not even close to a setback,” Deaton said, pushing back against a claim made on Twitter. “Don’t let anyone underestimate how significant this win is.” Deaton’s comments came after federal district judge Analisa Torres ruled earlier this month that XRP, the token that powers Rip...

by André Beganski ·