The total value of a cryptoasset, found by multiplying the price by the total number of coins in circulation.
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Day's Range
i
Shows the high and low prices of the day.
0.52 - 0.54
52 Week Range
i
Shows the high and low prices of the last year.
0.38 - 0.74
Volume (1D)
i
A measure of how much of an asset was traded in the last day.
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Market Rank
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This crypto’s rank against other crypto by market cap.
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All time high
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The highest recorded price of an asset since its launch.
$3.5
All time low
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The lowest recorded price of an asset since its launch.
$0.11
Price Change YTD
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The amount the price of an asset has changed in the current calendar year.
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What Is XRP?
XRP is a cryptoasset, founded by Ripple Labs in 2012. XRP is sold and traded in the form of XRP tokens. Headquartered in San Francisco, California, XRP has a global, decentralised network of over 150 validators, and its primary function is to aid the exchange of different currencies, especially those that are hard to match. They do this by acting as a ‘bridge’, allowing someone to sell currency ‘A’ for XRP tokens, and then sell those for currency ‘B’. While many transactions involving currency exchange can experience delays of multiple days, XRP claims to be able to complete a transaction in an average of 3-5 seconds, thanks to their decentralised blockchain technology.
This digital asset is considered an ‘eco-friendly’ option for investors as the founding company pre-mined 100 billion XRP tokens prior to the launch, and instead of continuing to mine new coins, the XRP tokens are sold from the pre-mined collection on the secondary market, avoiding the huge energy outgoing associated with many well-known cryptoassets such as Bitcoin.
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Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of XRP. The price of XRP has ranged between 0.38 and 0.74 over the last year.
XRP (XRP) operates using a decentralised ledger called the XRP Ledger (XRPL). The network is fast, affordable and very secure. XRP uses nodes (computers or servers) to help keep the network decentralised, which ensures that no single entity has control over the XRPL.
To buy XRP, visit the "XRP (XRP)" page on the eToro trading platform. Once you have created an account and deposited funds, click the "Trade" button and decide how much XRP you want to purchase. You can also place an order that will buy XRP at a specific price in the future.