Ripple price continues its impressive bullish run as it reached parity with the U.S. dollar recently. The move higher is nothing short of impressive, considering that only a month ago, Ripple traded below 0.45. The move higher is mostly due to the increased adoption of digital currencies into institutional investors’ […]
In this section, you will find important Ripple price news, actionable trading ideas, and a live XRPUSD chart to help you understand the markets better.
What is Ripple?
Ripple or XRP is a digital currency created in 2012 as a standard of exchange on the Ripple payment protocol. XRP was mainly built for corporations to use as it aims to be a fast, secure and cost-efficient cryptocurrency for sending money around the world using blockchain.
Financial institutions and payment providers can use XRP to reduce their transaction costs and enter new markets. XRP exists within the Ripple Payment and Exchange Network and can be used for transactions between traditional currencies such as USD, EUR, GBP, and other cryptocurrencies through the RippleNet payment network. A major difference between Ripple and the other major cryptocurrencies is that the XRP is not mined. There is a fixed stock of 100 billion XRP controlled by Ripple Labs, the company that created XRP.
XRPUSD is a pair that shows how many US dollars it costs to buy one XRP. The XRP price at the time of writing was $0.399672 with a market capitalization at 17 billion dollars which made it the third-largest cryptocurrency after Bitcoin and Ethereum.
Live Ripple Price Chart
Ripple Price News(XRPUSD)
The Ripple price is getting unstoppable. XRP rallied to a high of $0.9453, the highest level since April 2018. It has risen by more than 400% from its lowest level in December last year when the SEC filed its lawsuit. Its market cap has rallied to more than $40.7 billion, […]
Ripple price overcame significant challenges in the first quarter and emerged victorious. In total, the XRP price surged by more than 160% in the quarter, beating other popular digital currencies like Bitcoin and Ethereum. XRP Q1 performance What happened: In December, the Securities and Exchange Commission (SEC) launched a major […]
The Ripple price jumped sharply today after the company announced a major deal to expand its cross-border payment company. The XRP price is up by more than 2.5% to $0.580. It is more than 30% above last week’s low of $0.4500. What happened: In a statement, Ripple Labs said that […]
The cryptocurrency market’s growing momentum points to another leg higher. Bitcoin leads the price action in other altcoins, and thus the Ripple price action is poised to follow its lead. Bitcoin reached $60k recently before correcting, and many said that the cryptocurrency has formed a major top. However, the price […]
The Ripple price is bouncing back as part of the overall rally of digital currencies. The XRP is trading at $0.5352, which is 19.45% above Wednesday’s low of $0.4500. Other cryptocurrencies like Bitcoin and Ethereum have also bounced back after yesterday’s sell-off. What happened: The Ripple price has been relatively […]
The Ripple price has defied gravity this week. The XRP is trading at $0.5690, which is more than 13% above the lowest level yesterday and 57% above the lowest level on February 23. Other major digital currencies like Bitcoin and Ethereum have dropped by more than 5% in the past […]
The Ripple price is in a tight range as investors keep focusing on the performance of the yield market. The XRP price is trading at $0.4700, which is 3% above where it was in the past 24 hours. Its market cap has remained relatively stable at $21 billion and has […]
The Ripple price is rising today, becoming the only major cryptocurrency in the green. The XRP is trading at $0.4540, which is about 8% above the lowest level yesterday. This brings the total market value of the currency to more than $20 billion. What happened: The price of cryptocurrencies crashed […]
Ripple price appears to be on its way to a third successive day of losses, after a report that the US Securities and Exchange Commission (SEC) has subpoenaed the personal finance records of Ripple executives hit the newswires. In the latest of the unfolding drama that has pitted the SEC […]