XRP Price Today

What determines the price of XRP?

Supply and demand determine the price of XRP.

All 100 billion XRP were created at once at the 2012 launch, rather than mined gradually. The circulating supply grows only through scheduled escrow release, never through new issuance.

Demand shifts with market sentiment, macroeconomic conditions such as interest rates and inflation, and developments in the United States regulatory environment. More demand than supply raises the price. Less demand lowers it.

XRP does not generate earnings or cash flow. Its price depends entirely on what the market is willing to pay at any moment, and that is why it moves more sharply than traditional assets.

XRP settles on the XRP Ledger in three to five seconds, and every transaction destroys a small amount of XRP as a fee. [1]

As of Oct 04, 2026, XRP is trading at $1.52, 2.00% over the past 24 hours, moving between a low of $1.49 and a high of $1.52 on Binance.US. Over the past 7 days the price has moved 0.50%, over the past 30 days 8.68%, and over the past year -48.74%. XRP's market capitalization stands at $95.79B on a circulating supply of 63.09B XRP, with $1.22B traded globally over the past 24 hours. These movements reflect the mechanics described above: demand meeting a fixed pre-created pool of 100 billion XRP that enters circulation only through scheduled escrow releases, alongside cross-border settlement activity and the broader macroeconomic backdrop. This is a dated read of current conditions, not a forecast; Binance.US does not publish price targets.

How XRP escrow releases affect the supply

XRP escrow releases add XRP to circulating supply on a fixed monthly schedule.

All 100 billion XRP were created at the 2012 launch, so none is mined and none is newly issued. What changes is how much of that fixed pool is in circulation, and that is governed by escrow: Ripple locked a large share of the supply into time-released contracts and a tranche becomes available each month. [2]

Most of each release is re-locked rather than sold, so the net addition to circulating supply is a fraction of the headline figure. That is why the circulating supply above rises steadily while the total never changes, and it is what makes XRP's supply behave unlike any other asset on Binance.US. Current circulating supply is 63.09B XRP of the 100 billion created.

Release schedules are set by contract rather than by protocol, so they are a disclosure matter rather than a consensus rule. Binance.US does not forecast the effect of any individual release on the price.

How Binance.US prices XRP

Binance.US prices XRP from its own trading activity, not a blended figure borrowed from other exchanges. Buy and sell orders match directly on the Binance.US order books, and that activity sets the price you see.

Binance.US is operated by BAM Trading Services Inc. as a regulated U.S. cryptocurrency exchange. It is registered with FinCEN as a money services business and holds money transmitter licenses in 32 states. Binance.US has also completed a SOC 2 Type II audit.

The XRP price updates continuously as new orders execute. You get a live rate you can actually trade on, rather than a stale quote, and that rate always reflects current market conditions.

Aggregators and finance widgets publish an XRP price blended from many venues, so the figure you see there is an average you cannot transact at. The price on this page is the rate XRP is trading at on Binance.US at that moment, and a United States resident can act on it directly. [3]

Binance.US is operated by BAM Trading Services Inc., a licensed and regulated United States cryptocurrency exchange platform that enables American residents to securely buy, sell, trade, and stake digital assets with fiat on-ramp capabilities, U.S.-based custody, and regulatory compliance.

XRP's all-time high and all-time low

XRP's all-time high marks the highest price it has ever traded at, while its all-time low marks the lowest. Comparing today's price against these two figures is a simple way to see where XRP stands right now.

Broad cryptocurrency market surges have historically pushed XRP to new highs. Once that momentum faded, corrections followed and brought the price back down before the next cycle began.

This page updates whenever XRP sets a new record, so the all-time high listed is always the latest verified peak on Binance.US rather than an estimate.

XRP market capitalization and circulating supply

XRP's market capitalization equals its price multiplied by circulating supply, and it ranks the asset against every other cryptocurrency.

Circulating supply counts the XRP available in the market today, currently 63.09B XRP, out of the fixed maximum of 100 billion created at the 2012 launch, with the rest still locked.

Fully diluted valuation projects what the market cap would be if the entire 100 billion were already circulating.

Together, these figures show XRP's scale and its standing among every other cryptocurrency, not just what a single XRP is worth. [1]

• Market capitalization is the live XRP price multiplied by the number of XRP in circulation, and it is the figure used to rank the asset against the rest of the market.
• Fully diluted valuation applies the current price to the entire 100 billion XRP created at launch, including the portion still held in escrow.
• Circulating supply counts only the XRP already released and available to trade. Since maximum supply stays fixed at 100 billion, circulating supply moves closer to that number with every escrow release.
• Dominance expresses that market capitalization as a percentage of the whole cryptocurrency market.

XRP price history and key milestones

XRP's price history began in 2012, when David Schwartz, Jed McCaleb, and Arthur Britto launched the XRP Ledger with the full supply created from the start rather than mined over time.

Since then, the price of XRP has climbed through repeated cycles, reached new all-time highs, and gone through sharp corrections along the way. That movement has been shaped by cross-border payment adoption, broad cryptocurrency market cycles, and shifts in U.S. policy toward digital assets.

Here, we cover price milestones only. For how XRP works as a technology, and why its maximum supply is fixed at 100 billion, see what XRP is.

Why XRP is sometimes called a stock

XRP is not a stock. Searches for XRP stock and XRP stock price are common, but XRP is a digital asset rather than equity in a company.

Holding XRP doesn't give you an ownership stake in Ripple, a dividend, voting rights, or any claim on the company's assets or revenue. Ripple is a private payments company that uses XRP and holds a large portion of the total supply. Buying XRP does not buy any part of Ripple.

XRP is also not listed on an equities exchange. It has no NYSE or Nasdaq listing and does not trade in market hours. XRP trades continuously, every day, on cryptocurrency exchanges including Binance.US.

The figure most people are looking for when they search for an XRP stock price is the live XRP price shown at the top of this page.