XRP XRP

XRP has moved +2.01% in the last day, -15.99% over the week, and -18.67% over the past month. The all-time high of $3.65 was set 324 days ago, leaving XRP at 31% of that peak. Reclaiming the record would require a 223% advance from here. With both the weekly and monthly trends negative, the path of least resistance remains lower for now.

Volatility & risk

Realised volatility for XRP is currently elevated, with a 7-day annualised reading near 83%. That is roughly middle-of-the-pack for a large-cap crypto asset. Traders should expect double-digit percentage swings within a single week to be normal rather than exceptional.

Liquidity & trading depth

Over the last 24 hours roughly $2.02B changed hands, equal to about 2.9% of the circulating market value turning over in a day. That is adequate turnover for a coin of this size, though large orders may still move the price. Liquidity health scores 49/100 on our composite, which blends 24-hour volume against market capitalisation.

Correlation with Bitcoin & markets

Over the past week, XRP's hourly returns show a correlation of 0.84 with Bitcoin. That is a tight link — XRP has effectively traded as a high-beta Bitcoin proxy, offering little diversification when BTC sells off. Correlation regimes shift, so this figure is a snapshot rather than a constant.

Our outlook blends three independent lenses. The technical model reads momentum as bearish and frames a near-term band of $0.9718 to $1.22. The statistical model, driven by realised volatility, centres near $1.07 with a one-horizon spread of $0.2869 to $2.16. The relative model, anchored to how comparable top-100 assets have performed (median +0.02% over the past week), points to $1.04 to $1.24. Blending the three yields the horizon-by-horizon ensemble in the table below. Model confidence is High, reflecting data completeness and liquidity. These are probabilistic scenarios generated from market data — not guarantees, and not financial advice.

XRP has a circulating supply of 62,053,900,985 XRP. Supply is hard-capped at 100,000,000,000 tokens, meaning 62.1% already exists and only 37,946,099,015 remain to be issued. A meaningful share is still to be released, so emission schedules are worth tracking for dilution. Fully diluted valuation and circulating market cap can diverge sharply when a large share of tokens is still locked, so both are worth comparing before drawing conclusions about value.

XRP (XRP) is the 6th-ranked cryptocurrency tracked on TBN Express, with live pricing, derived risk metrics and a multi-model outlook refreshed throughout the day. The profile below combines project information with our own quantitative read of how XRP is trading right now.

XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and eliminates the need for pre-funded accounts.

The network is unique because it utilizes a federated consensus protocol instead of energy-intensive mining or staking. This system achieves deterministic finality through a Unique Node List of trusted validators who must reach an eighty percent agreement threshold to permanently record transactions. This infrastructure supports a sustained throughput of 1,500 transactions per second and includes a built-in decentralized exchange that allows for the automated trading of any tokenized asset without intermediaries.

The project traces its origins back to 2004 with Ryan Fugger before being co-founded in its modern form by Jed McCaleb and Chris Larsen. The company, now known as Ripple, works with major financial institutions as partners and investors to build global payment solutions. To protect the network from spam, a small amount of XRP is burned during every transaction, and the token is further utilized by institutions as collateral to access traditional markets and manage digital asset infrastructure.

Institutional adoption of the asset reached a major milestone in November 2025 when the SEC approved the first wave of spot XRP ETFs. These products, offered by major issuers including Bitwise, Grayscale, 21Shares, Canary Capital, and Franklin Templeton, are now listed on prominent exchanges like the NYSE Arca, Nasdaq, and Cboe BZX. While Ripple remains a key contributor to the ecosystem, the underlying XRP Ledger continues to operate as an open-source and decentralized network.

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