The Ripple (XRP) price today stands at €1.896815 (as of July 4, 2025), with an equivalent value of $2.234828 USD. This real-time valuation reflects XRP’s growing relevance in the global digital asset ecosystem. As institutions increasingly adopt blockchain-powered payment solutions, XRP remains a focal point for investors and financial innovators alike.
Whether you're tracking XRP for investment purposes or evaluating its utility in cross-border transactions, understanding its market dynamics, technology, and accessibility is essential.
👉 Discover how to securely track and trade XRP in real time.
What Is Ripple (XRP)? A Deep Dive Into the Technology
Ripple is more than just a cryptocurrency—it's a blockchain-based protocol designed for instant, low-cost international money transfers. Built to modernize outdated financial infrastructure like SWIFT, Ripple enables banks and payment providers to settle cross-border transactions in seconds rather than days.
It’s important to distinguish between three key terms:
- XRP: The native digital asset used on the Ripple network.
- RippleNet: The global payments network connecting banks and financial institutions.
- XRP Ledger: An open-source, decentralized blockchain that records all XRP transactions.
All activity occurs on the XRP Ledger—a public, transparent ledger where every transaction can be verified in real time. Unlike traditional blockchains that rely on energy-intensive proof-of-work mining, the XRP Ledger uses a consensus algorithm validated by a distributed network of independent nodes.
This design allows for rapid confirmations and minimal fees—just 0.0001 XRP per transaction—making it highly scalable for enterprise use.
XRP Supply: Circulating vs. Total Coins
As of now, approximately 46 billion XRP tokens are in circulation. While this may seem substantial, it represents less than half of the total supply.
The total supply of XRP was capped at 100 billion coins, all of which were created at launch—meaning XRP cannot be mined. This pre-mined model differs significantly from Bitcoin or Ethereum and was designed to ensure predictable token distribution.
To prevent market flooding and maintain price stability, about 50 billion XRP tokens are held in a cryptographic escrow system. Each month, a portion is released into circulation, while unutilized portions are returned to escrow. This mechanism ensures transparency and long-term sustainability.
👉 Learn how token supply impacts cryptocurrency value over time.
Key Benefits of Using XRP and RippleNet
⚡ Fast Transaction Settlement
Transactions on the XRP Ledger settle in under 5 seconds, far outpacing traditional banking systems that often take hours or even days for international transfers.
💸 Low Transaction Costs
With a standard fee of just 0.0001 XRP, transaction costs are negligible—even when processing high volumes.
🌍 Multi-Currency Support
RippleNet supports not only XRP but also direct exchanges between various fiat currencies (like EUR, USD) and other cryptocurrencies, acting as a universal settlement layer.
🏦 Institutional Adoption
Over 300 financial institutions across 60+ countries use RippleNet for real-time liquidity and reduced operational costs. As adoption grows, so does the potential utility—and demand—for XRP.
Can You Mine XRP?
No—XRP cannot be mined. All 100 billion tokens were generated at inception. Instead of mining rewards, users acquire XRP through exchanges or peer-to-peer transactions.
New tokens enter circulation gradually via the escrow release process. This controlled distribution helps maintain market balance and investor confidence.
If you're looking to obtain XRP, your best option is purchasing it through a trusted digital asset platform using fiat currency or other cryptocurrencies.
Who Founded Ripple?
The concept behind Ripple originated in 2004 with developer Ryan Fugger, who created an early version of a decentralized payment system called RipplePay.
However, the modern iteration began in 2012, when tech entrepreneurs Chris Larsen and Jed McCaleb co-founded OpenCoin (later renamed Ripple Labs). They reimagined the protocol specifically for institutional finance, laying the foundation for today’s RippleNet and XRP ecosystem.
Their vision: create a faster, cheaper alternative to legacy global payment networks.
How to Buy XRP: A Step-by-Step Guide
Purchasing XRP has never been easier. Follow these simple steps to get started:
- Create and Verify Your Account
Sign up on a reputable crypto exchange that supports XRP trading pairs with EUR or USD. Deposit Funds
Use supported methods such as:- SEPA bank transfer
- Credit/debit card (Visa/Mastercard)
- Mobile or internet banking
- Cash deposits at physical exchange locations
- Purchase XRP
Navigate to the XRP/EUR trading pair and place your order at the current market rate. - Store Securely
Transfer your XRP to a personal wallet for enhanced security—or keep it on-platform for active trading.
Where to Store Your XRP Safely
Secure storage is crucial when holding digital assets. Wallets fall into two main categories:
🔥 Hot Wallets (Connected to Internet)
- Mobile wallets (e.g., Trust Wallet)
- Desktop wallets
- Online/web wallets
Ideal for frequent traders due to quick access.
🧊 Cold Wallets (Offline Storage)
- Hardware wallets (e.g., Ledger, Trezor)
- Paper wallets
Best for long-term holders seeking maximum protection from online threats.
Always enable two-factor authentication (2FA) and never share your private keys.
Frequently Asked Questions (FAQ)
What is the current price of XRP in EUR?
As of July 4, 2025, one XRP is valued at €1.896815. Prices update in real time based on global exchange data.
How often does the XRP price change?
XRP prices fluctuate continuously—updated every second—based on supply and demand across major cryptocurrency exchanges worldwide.
Is there a fee to buy or sell XRP?
Most platforms charge either a small spread or flat fee. Some exchanges offer zero-commission trades but may include margin in the exchange rate (typically 1–4% above market value).
Can I buy XRP with cash?
Yes. Many platforms allow cash purchases at physical exchange offices in cities like Zagreb, Split, Rijeka, and Osijek. Transactions under €1,000 usually don’t require ID verification.
Can I sell XRP directly to my bank account?
Absolutely. After transferring your XRP to a supported exchange wallet, you can sell it and withdraw the proceeds in EUR directly to your bank account via SEPA transfer.
Why isn't XRP mineable?
XRP was fully pre-mined at launch to ensure efficient distribution and prevent network congestion. No new coins will ever be created beyond the 100 billion cap.
Final Thoughts: Why XRP Matters in 2025
XRP continues to stand out in the crowded crypto landscape due to its strong focus on solving real-world financial inefficiencies. With fast settlement times, ultra-low fees, and growing institutional integration, it remains a compelling asset for both short-term traders and long-term investors.
As global finance evolves toward instant settlements and decentralized infrastructure, XRP’s role as a bridge currency could become even more pivotal.
👉 Stay ahead of market trends with real-time XRP price tracking tools.