XRP News

Ripple is an interesting concept to learn about because it is both a platform as well as a currency. Ripple’s payment protocol offers a real-time gross settlement system, currency exchange, as well as remittance. It is an open-source protocol that enables quick and inexpensive transactions all over the world. Ripple, as a platform, has its own cryptocurrency XRP. Yet, at the same time, this platform allows its users to create their very own currency with the help of “RippleNet.”

As we can clearly gauge, Ripple is not just a straightforward cryptocurrency like BTC; it is rather an ambitious multi-faceted platform and system. As per the latest market news, the price of Ripple (XRP) is $0.155837 or 0.00002558 BTC. Out of the total market supply of 99,991,064,426 XRP, 43,842,625,397 XRP is currently in the supply, with the market cap of the crypto being- $6,832,307,151. (The figures are reported as per the press time.) On the other hand, where the market predictions are concerned, in the past few weeks, there has been a violent sell-off in the financial market. Regardless of the asset category, investors have been seen indulging in heavy selling-off. In the past 24 hours, at the mid-session, there have been major purchases in the market that have spike the prices of top crypto assets, which includes XRP. The XRP/USD pair is trading at $0.17 price level and finding it difficult to break the resistance level of $0.173.