XRP Price Prediction: Today’s Ripple Price, 17th Apr 2023
The XRP Ledger (XRPL), a decentralised, open-source technology, was introduced in 2021. The XRP...
XRP Price Prediction: Today’s Ripple Price, 17th Apr 2023
The XRP Ledger (XRPL), a decentralised, open-source technology, was introduced in 2021. The XRP Ledger offers advantages such as low transaction costs ($0.0002 on average), quick settlement times (3-5 seconds), scalability (1,500 transactions per second), and intrinsically green characteristics (carbon-neutral and energy-efficient). The first decentralised exchange (DEX) and unique tokenization functionalities are also included in the XRP Ledger technology. The XRP Ledger has successfully closed 70 million ledgers since its launch in 2012.
The XRP Ledger offers a wide range of payment-related applications and use cases, including as micropayments, DeFi, and, soon, NFTs. The XRPL was released in 2012, and it provides Python, Java, and JavaScript developers with strong utility and flexibility. Developers may access a variety of tutorials on the XRP website to get started with various coding languages, creating apps, managing accounts, and more.
Developers use the XRP Ledger along with its native coin, XRP, to build remittance and asset tokenization solutions that address inefficiencies. The XRP Ledger now has five main uses: payments, tokenization, DeFi, CBDCs, and stablecoins.
DATE | XRP | USD |
---|---|---|
Today | 01 | $0.5141 |
The cryptocurrency XRP continues to make waves in the market, as it sees a surge of 1.06% in its value in the last 24 hours. As of now, XRP is trading at $0.5095 USD, according to the real-time data on CoinMarketCap. The 24-hour trading volume has also seen a significant increase, reaching $1,114,076,283 USD.
XRP’s current market capitalization is $26,197,262,203 USD, with a circulating supply of 51,688,470,797 XRP coins. It is worth noting that the maximum supply of XRP coins is 100,000,000,000 XRP coins, making it a valuable asset in the cryptocurrency market.
XRP currently holds the #6 position on CoinMarketCap, making it a popular choice among investors. With its recent surge in value and trading volume, it is likely that XRP will continue to gain traction in the coming days.
Investors and traders are keeping a close eye on XRP’s performance, as the cryptocurrency market remains highly volatile. As always, it is essential to conduct thorough research and seek professional advice before making any investment decisions.
Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News
Download The BOL News App to get the Daily News Update & Follow us on Google News.