Market and tokenomics

XRP market cap and supply

Current offer and market indicators are loaded separately from the trading chart.

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How to read the supply: “in circulation” — coins available to the market; “total minted” — current total supply; “maximum supply” — hard cap only where it is defined by the protocol or specified by the data provider.

Market capitalization, supply and reference-market metrics are loaded separately from the trading chart and are informational. The chart above uses broker Bid/Ask and execution through the cTrader Open API; the aggregator reference price below is not an execution quote.

XRP protocol and supply

XRP Ledger launch2012The network does not use mining
ConsensusXRPL ConsensusValidators agree on the ledger state without Proof of Work
Created initially100 bn XRPNew XRP cannot be created beyond the original supply
Minimum unit1 drop0,000001 XRP
DistributionIncluding via escrowUnlocks affect the available supply; see the current volume above
HalvingNot providedXRP Ledger fees are burned, so the total supply decreases very slowly

All 100 billion XRP were created at the launch of the system; there is no mining or new issuance in the Bitcoin model. Therefore, a substantial part of the supply analysis is linked not to mining but to the distribution of existing XRP, escrow, and the actual circulating volume.

Official technical foundationXRP Ledger: supply and escrow XRP ↗

What is this asset

Proprietary asset of the XRP Ledger. Settlements and value transfer within the XRP Ledger; the architecture differs from Bitcoin and Ethereum.

What influences the price

  • Global liquidity, risk appetite and Bitcoin dynamics.
  • Network usage, fees, developer and user activity.
  • Coin supply, unlocks, staking and large flows.
  • Regulation, listings, security and technical updates.
Main groups of factors influencing the price of a crypto asset
The price reflects not only project news but also overall liquidity, participants' positions, and expectations.

Key risks

Regulatory events, demand dependence on the ecosystem, supply concentration, and volatility.

Trading product

cTrader execution and the underlying crypto asset are not the same thing

The chart above uses the instrument supplied by the connected cTrader broker. Depending on the broker, this may be a CFD or another derivative rather than on-chain ownership of the coin. Before trading, check the contract specification, leverage, financing or swap, minimum volume and trading hours.