XRP's price today is $0.61 USD, with a 24-hour trading volume of $3,876,895,532 USD. XRP
is up 3.93% in the last 24 hours. XRP is currently ranked #7 with a
market capitalization of $33,399,369,973 USD.
XRP is the native token of the XRP Ledger, an open-source, permissionless, and decentralized blockchain technology built to facilitate global payments by settling transactions in less than 5 seconds.
XRP was launched back in 2013 by Ripple Labs, which rebranded as Ripple in 2015. The rebranding also caused the cryptocurrency also to be known as Ripple. The XRP ledger was known initially as the Ripple Open Payment system, with subsequent rebrands to Ripple Network, and Ripple Consensus Ledger, before settling as XRP Ledger.
XRP is a powerful and fast cryptocurrency created to facilitate global payments. It has undergone some changes since its launch in 2013, but that hasn't stopped it from becoming one of the leading cryptocurrencies today. As an open-source blockchain, it's constantly evolving and adapting to provide users with a secure and reliable payment system.
Another big loss for the SEC! The SEC has been denied access to Ripple's legal memorandum which is protected by the attorney-client privilege. This further strengthens the Fair Notice defense that Ripple is using. the twitter.com/...22434
Judge DENIES the SEC's motion to compel production of Ripple's lawyer opinion letters. Very important because the Judge states Ripple's subjective beliefs re XRP are NOT relevant to the Fair Notice defense, blocking the road the SEC wanted to use to fight the Defense. https://t.co/MHsx569BmO
Ripple's XRP is the second cryptocurrency to suddenly pump this week, after dogecoin's huge meme-fuelled rally briefly sent its price almost 1,000% higher (though there has been speculation bitcoin could emulate GameStop's recent short squeeze). www.forbes.com/...e5d3b
Things are heating up as Ripple responds to the SEC Lawsuit. Stating "To date, they have offered no guidance for that determination, hindering responsible players like Ripple from being able to innovate in the U.S. to bring faster, cheaper and more transparent global payments to consumers who need them the most. " - www.coindesk.com/...sales