One of the primary reasons for XRP’s current spike stems from the project the Flare Network, which plans to airdrop tokens to XRP owners. XRP/USD prices recorded for this article were logged on November 24, 2020. There is currently a supply of 45,348,221,180 XRP in circulation today and there’s been around $11 billion in reported XRP trade volume during the last 24 hours. The XRP token price has more than quadrupled during the course of the year. The market cap gives the XRP token a 4.02% dominance index rating out of the value from all the crypto assets in existence today ($563.91B).

The coin holds the third-largest market valuation today with a current liquid market cap at around $22.55 billion. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well.Īt the time of publication, XRP is currently swapping for $0.677 per coin as it gained more than 25% during the early morning (ET) trading sessions on Tuesday.

During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days.

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