XRP
Last modified on 11. October 2020
Quick Facts
In September 2013, XRP was added to coinmarketcap.com to track its real-time trading data.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of XRP during the first trimester of 2019 equated to over US$ 595 m per day. Over the same period in the previous year, this figure came to nearly US$ 1.8 bn. The corresponding drop down in trading volume equated to 66.5 percent.
For the first trimester of 2019, the average market capitalization equated to nearly US$ 13.2 bn. This figure came to nearly US$ 47 bn during the same time frame in the previous year. Market capitalization dropped down accordingly by 71.9 percent.
Trading Price
The average trading price in the first trimester of 2019 equated to over US$ 0.32. In the same period of 2018, this figure came to just above US$ 1.30. The corresponding price drop down equated to 75 percent.
The all-time high of XRP in 2018
The price of the XRP currency climbed to a high in January 2018 at US$ 3.84. The equivalent market capitalization of the coin reached nearly US$ 124 billion. This put XRP in the ballpark of certain other digital currencies, such as Ethereum.
XRPs all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 262 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 880 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 106 billion.
- XRP (XRP): 124 bn US dollars
- Bitcoin (BTC): 262 bn US dollars
- Apple (AAPL): 880 bn US dollars
- VW (VWAGY): 106 bn US dollars
- Date: 4 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of XRP stood at over US$ 0.32 with a market capitalization of over US$ 13.1 billion. A retracement down to approximately 8.4 percent compared with the highest trading price described above.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The XRP-Coin is not generated through mining. Its upper limit on coins is exactly one hundred billion US dollars. If you are interested in the source code, be sure to also visit the GitHub page.
This block explorer can be used to track the current block height and other recently updated statistics around all XRP transactions.
To find out more about XRP, download the white paper or find more links to community forums, source code and social media accounts, visit ripple.com/xrp.
Markets
EUR
Three large markets for buying or selling XRP in EUR are Kraken, Coinbase Pro and Binance. Additional trading platforms for buying or selling XRP in EUR are Bitstamp, Bitvavo and B2BX, among others.
USD
Four large markets for buying or selling XRP in USD are Kraken, Coinbase Pro, Binance and Bitfinex. There are additional platforms where you can buy or sell XRP, including Bitstamp, Bitrue and ZB.COM, among others.
BTC
Three large markets for buying or selling XRP in BTC are Coinbase Pro, Binance and Bitfinex. There are additional platforms where you can buy or sell XRP, including HitBTC, Bitcoin.com Exchange and Poloniex, among others.
Social Links
You can contact the XRP team directly by going to the following social media channels:
1. This figure changes to seven percent when taking Bitcoin out of the equation.