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See the live Ripple price in EUR. Buy Ripple or add it to your Crypto Strategy.

Ripple

XRP

XRP to EUR Price

€2.43

Ripple Market Cap

€138.51B

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XRP EUR price chart / performance

XRP EUR price chart / performance

Past performanceis not indicative of future results. EUR (€) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
-6.74%
Return (7D)
+84.98%
Return (1M)
+421.05%
Return (1Y)
+319.75%

My Investment

My Investment

Profit Taken
€0.00
0.00%
You Have:
€0.00
Unrealised P/L
€0.00
0.00%

Ripple (XRP) History and Overview

Ripple (XRP) History and Overview

XRP stands as a pivotal cryptocurrency and the native token of Ripple, a fintech innovation aimed at revolutionizing global financial transfers and currency exchange. Developed by Ripple Labs, co-founded by Jed McCaleb and Chris Larsen in 2011, XRP was designed to enhance the efficiency, speed, and security of cross-border transactions. Unlike many cryptocurrencies, XRP was pre-mined, boasting a total supply of 100 billion tokens, a feature that distinguishes it from the likes of Bitcoin in terms of its creation and distribution mechanism. The live Ripple to EUR conversion is € 2.43.

The inception of Ripple, initially known as Ripplepay, dates back to 2004 by Ryan Fugger, which predates Bitcoin. However, it was the re-envisioning by McCaleb, Schwartz, and Britto in 2011 that led to the development of the XRP Ledger, laying the foundation for what XRP is today. Ripple underwent several rebrandings, finally adopting the Ripple name in 2015, which has since become synonymous with fast and efficient global payment solutions.

While often interchanged in casual discourse, XRP and Ripple are distinct entities. XRP is the digital asset that operates on the XRP Ledger—a decentralized, open-source blockchain platform—whereas Ripple is the technology company that leverages XRP to facilitate fast and low-cost international transactions. XRP's utility in Ripple's ecosystem underscores its role in providing liquidity and enabling real-time settlement across borders.

XRP's unique distribution model saw 80 billion tokens allocated to Ripple, with 55 billion of these tokens placed in escrow to manage supply predictably. The remaining tokens were distributed among co-founders and the development team, with provisions for monthly releases to control circulation. As of the last update, approximately 53% of XRP tokens are in circulation, highlighting a controlled approach to supply management.

XRP has faced scrutiny and legal challenges, notably from the U.S. Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN), concerning its classification as a security and compliance with anti-money laundering regulations. Despite these challenges, including a significant lawsuit filed by the SEC in December 2020, XRP has remained a resilient asset in the cryptocurrency market, demonstrating significant price volatility but maintaining a strong market capitalization.

XRP distinguishes itself from Bitcoin through faster transaction times, lower costs, and a more energy-efficient consensus mechanism. Unlike Bitcoin's proof-of-work system, XRP uses a consensus protocol involving trusted validators, allowing for rapid and secure transaction validation. This efficiency has positioned XRP as a scalable solution capable of handling a large volume of transactions per second, far exceeding Bitcoin's capacity.

The XRP Ledger's consensus mechanism ensures secure and efficient transaction validation, making it a robust platform for financial transactions. Its scalability is evidenced by its ability to process up to 1,500 transactions per second. Moreover, XRP's low energy consumption, compared to the intensive energy demands of Bitcoin mining, marks it as an environmentally friendly digital asset.

The current price of 1 XRP in EUR is € 2.43.

How To Buy Ripple or Add it to your Strategy

The fastest, most convenient way to purchase Ripple is to purchase it on ICONOMI. We check Ripple live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Ripple by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Ripple is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Ripple, we recommend you read the next section, as copying might be a better approach.

Add Ripple to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Ripple in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Ripple XRP. See all Ripple price predictions in real time and make the best use of their crypto knowledge.

Avatar
@SYGNAL
13h ago

Crypto Snapshot: Latest News & Trends  

By SYGNAL


📈 Market News:  

  • Bitcoin ($BTC) is nearing the $100,000 mark, showcasing strong bullish momentum and renewed investor confidence. (Barron's)   
  • Ripple's XRP ($XRP) experienced a dramatic 400% rally, briefly becoming the third-largest cryptocurrency. Speculation grows over the anticipated December XRP ETF launch. (Forbes)   


📜 Regulatory News:  

  • Following Donald Trump’s election, the U.S. is expected to fast-track legislation on crypto market structure and stablecoins. (CNBC)   
  • Coinbase has filed lawsuits against the U.S. SEC and FDIC to compel transparency on ongoing investigations. (Forbes)   


🔒 Security Incidents:

  • A record-breaking $2 million bounty is being offered to identify vulnerabilities on Crypto.com, highlighting the platform's focus on user security. (Forbes)   


🌐 Other Interesting Information:  

  • U.S. Bitcoin ETFs, led by BlackRock’s $42 billion fund, are among the fastest-growing ETFs of all time, signaling strong institutional interest. (Forbes)   
3 people like this

The rotation to ISO 20022 compliant cryptocurrencies has been impressive:


$HBAR $IOTA $ALGO $XRP $QNT $ADA $XLM $XRP


From coincodex:


The ISO 20022 standard has gained significant importance in the financial industry as a unified messaging standard for electronic data exchange between financial institutions. While initially developed for traditional financial transactions, the standard has now expanded to include the world of cryptocurrencies.ISO 20022 brings standardization and interoperability to the crypto space, ensuring smoother communication between various platforms and participants.

One person likes this
Tree of Fortune
3 Dec, 2024

🌳 Tree of Fortune: Solid Gains with Mixed Performances


The portfolio saw an overall gain of +4% in the past 24 hours, driven by strong performances from $XRP (+16%), $AVAX (+13%). On the other hand, $SOL(−4%) and $BONK (-8%) lagged behind.


At this time, there are no plans for further changes as the portfolio remains well-balanced.

3 people like this
DutchEd Too
3 Dec, 2024

📊 DutchEd Too: Strong Performance Across the Board
The past 24 hours brought solid gains for the portfolio, with standout performers including $XRP (+16%), $ATOM (+7%), $OP (+4%), $RUNE (+7.5%), $MANA (+13%), $GRT (+5%), $SUSHI (+7%), $UNI (+6%).
The biggest underperformer was $SHIB (-7%).
At this time, no actions are needed as the portfolio remains well-positioned.

3 people like this

Another great day by $XRP $HBAR and $CRV. Large and mid caps are slowly getting in the game! Also do not be afraid of pullbacks (great time to buy) since we did not had any proper one in a while! But the game is set! ⬆️

One person likes this

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Ripple Price FAQ

What Is the Highest Price of Ripple (XRP) in EUR?

Ripple (XRP) price history shows the highest value of 2.76 EUR . We recorded this price on December 3, 2024, but we cannot exclude that a higher price was registered before November 29, 2017.

What Is the Lowest Price of Ripple (XRP) in EUR?
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