XRP

Today's state: XRP is trading at $1.09 with a $70.5 billion market capitalization (rank #6). The price moved -0.87% over the past 24 hours and is +2.56% over 7 days; the 30-day move stands at +4.36% and the 90-day at -20.81%.

Position vs cycle: A drawdown of more than 70% from the last cycle high puts the asset firmly in deep-bear territory, where recoveries have historically required a fresh demand catalyst rather than mere mean-reversion.

Volatility and structure: 30-day realized volatility of 35.8% annualized is moderate for an asset this size. Our composite multi-horizon Price Strength reads Bearish (32/100), against a softening backdrop, with pressure stacking up over the 30- and 90-day windows.

Looking past Bitcoin alone, how closely XRP tracks the next two biggest layer-1s over 90 days indicates whether it is mostly market beta or something more independent. The daily-log-return correlations:

• Bitcoin reference: +0.87 — a very strong positive relationship.
• Ethereum reference: +0.88 — a very strong positive relationship.
• Solana reference: +0.84 — a very strong positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

XRP (XRP) is a cryptocurrency, traded on global digital-asset markets. It trades at $1.09 as of the latest update, with a 24-hour move down 0.87%, placing it at rank #6 by market capitalisation among all listed digital assets. XRP's current market cap stands at $70.47B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking XRP across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

XRP is built primarily for payments and value transfer: fast, low-cost settlement of money across the internet, rather than serving as a general-purpose smart-contract platform.

XRP currently ranks #6 by market capitalisation, making it a top-ten asset. The project sits in the cross-border payments and settlement space, and launched in 2012. It currently trades about 72% below its all-time high of $3.84 set in January 2018.

XRP optimises its consensus and fee model for settlement: transactions confirm quickly and cheaply, and the protocol is deliberately narrower in scope than a smart-contract chain. The relevant adoption signal is payment and settlement usage — transaction counts, corridors served, and integrations — rather than DeFi total value locked.

XRP currently ranks #6 by market capitalisation, making it a top-ten asset. The project sits in the cross-border payments and settlement space, and launched in 2012. It currently trades about 72% below its all-time high of $3.84 set in January 2018. Its fully-diluted valuation of $109.32B is about 1.6× the circulating market cap of $70.47B, a gap that signals issuance overhang to factor into any longer-term thesis.

XRP is used for peer-to-peer payments, cross-border transfers and remittances, and as a settlement asset where speed and low fees matter more than programmability. Its value case rests on real transactional adoption rather than speculative application activity.

Daily volume runs at about 3.6% of market capitalisation ($2.54B in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read XRP's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. The fully diluted valuation (FDV) of $109.3 billion stands at 1.6× the current circulating market cap of $70.5 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

The question that matters for a longer-term view is simple: does value accrual (burns, staking-yield reinvestment, deflationary mechanics, growing ecosystem TVL) run ahead of new issuance, or behind it? Ahead, and price can compound quietly; behind, and it leans on continuous fresh demand to soak up the supply.

The macro picture for digital assets turns on three levers — Federal Reserve policy, the path of dollar liquidity, and broad risk sentiment. Historically the whole asset class has tracked the global liquidity cycle closely, expanding in easing regimes and contracting when financial conditions tighten.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

For XRP specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, XRP tends to follow; when they contract, the relationship typically reverses. Given the 90-day BTC correlation of +0.87, XRP's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Payments-coin risks: competition from stablecoins and from faster or cheaper rails, regulatory treatment of money-transmission, and the challenge of achieving durable real-world payment volume rather than speculative turnover. Market-wide volatility, custody and macro-liquidity risks apply on top.