XRP Trading 3.6% Lower This Week (XRP)

XRP (XRP) traded up 0.2% against the US dollar during the 24-hour period ending at 9:00 AM ET on July 11th. One XRP coin can currently be purchased for $1.11 or 0.00001728 BTC on exchanges. During the last week, XRP has traded 3.6% lower against the US dollar. XRP has a market capitalization of $69.27 billion and $760.04 million worth of XRP was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0.1% against the dollar and now trades at $63,998.59 or 0.99729544 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.5% against the dollar and now trades at $63,861.48 or 0.99846490 BTC.

XRP Profile

XRP uses the hashing algorithm. Its launch date was January 1st, 2013. XRP’s total supply is 99,985,639,695 coins and its circulating supply is 62,466,503,703 coins. The Reddit community for XRP is https://reddit.com/r/ripple and the currency’s Github account can be viewed here. The official message board for XRP is www.xrpchat.com. The official website for XRP is xrpl.org. XRP’s official Twitter account is @ripple and its Facebook page is accessible here.

According to CryptoCompare, “XRP is the native digital asset of the XRP Ledger (XRPL), an open-source blockchain launched in June 2012 by David Schwartz, Jed McCaleb and Arthur Britto. Its total supply was capped at 100 billion XRP at genesis, with 80 billion allocated to Ripple Labs and 20 billion to founders. Ripple placed 55 billion XRP into monthly time-release escrows; unused tokens automatically return to escrow. XRP underpins XRPL’s decentralized exchange, serves as a bridge asset between low-liquidity pairs, and powers on-demand liquidity in Ripple Payments corridors outside the US. Governance is decentralized, requiring ≥80 % validator approval for amendments over two weeks. In June 2025, an EVM-compatible sidechain launched, enabling Solidity dApps and gas fees in XRP via Axelar. XRP is volatile, with quarterly realized volatility of 100–130 % in Q1 2025; users should weigh price fluctuations alongside its utility.”

Buying and Selling XRP

It is usually not possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the exchanges listed above.

XRP/USD price chart by TradingView