XRP
XRP
XRP

XRP price

in USD
$2.878
+$0.0152 (+0.53%)
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Market cap
$172.00B
Circulating supply
59.83B / 100B
All-time high
$3.661
24h volume
$4.98B
4.4 / 5
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About XRP

XRP is a digital asset designed for fast and cost-effective cross-border payments. Built on the XRP Ledger, its core technology enables near-instant transactions with minimal fees, making it ideal for financial institutions and remittance services. Unlike many cryptocurrencies, XRP doesn’t rely on mining, which enhances its energy efficiency. Key use cases include facilitating international money transfers, liquidity solutions for banks, and tokenizing real-world assets. XRP’s growing adoption by major financial players and inclusion in regulated investment products highlights its role in modernizing global finance. Its utility and scalability make it a standout option for users seeking efficient blockchain-based transactions.
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Last audit: Aug 16, 2023, (UTC+8)

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The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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XRP’s price performance

326% better than the stock market
Past year
+336.28%
$0.66
3 months
+31.52%
$2.19
30 days
+2.52%
$2.81
7 days
+0.63%
$2.86
54%
Buying
Updated hourly.
More people are buying XRP than selling on OKX
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XRP on socials

Magus
Magus
Gut says XRP is going to be a ripper in Q4 Want to see the local downtrend break as BTC heats up & I'll be aping this to dump on goobers Looking for flip of quarterly & monthly rolling
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1.99K
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Gol D. REX
Gol D. REX
The leaderboard's top player, Goblin, is saying this about @moremarketsxyz For those struggling with momentum, it's recommended to do this! I got onboard yesterday, and while the top 100 is already full, looking at the percentage, it still seems doable!! What are the features of Moremarket? Goblin's got it covered! 1/ Completed a funding round of approximately $13 million, securing stable financial resources. 2/ Provides a native yield-generating DeFi infrastructure targeting Non-EVM assets like XRP and DOGE. 3/ Achieved a TVL of about $7.79M after the mainnet launch in July 2025, recording rapid results. 4/ Especially continuing to grow based on the $XRP ecosystem, gaining attention as a representative of the 'Americano Coin' narrative.
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Coblin(코블린) 🦅🟠$FF
Coblin(코블린) 🦅🟠$FF
Small account holders may realistically find it difficult to break through Momentum. Therefore, the method I recommend is targeting projects with less interest, commonly known as "house burglary." And @auz2or recommends @moremarketsxyz, which is currently a vacant house, so let's take a look at the project concept. 1/ A funding round of $13M is not a bad scale. 2/ A DeFi platform that provides native yield solutions for Non-EVM assets like XRP and DOGE. 3/ The mainnet was launched in July 2025, and the TVL has reached approximately $7.79 million. 4/ It continues to grow centered around the $XRP camp = $XRP is a representative narrative of Americano coins.
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Ali
Ali
$JTO holding $1.60 is key! Defend it, and a rally to $2.70 or even $4.70 comes into play.
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1.58K
5
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XRP FAQ

XRP is a digital asset that's native to the XRP Ledger — an open-source, permisionless and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in three to five seconds. It was built to be a better Bitcoin — faster, cheaper, and greener than any other digital asset.

XRPL, like most blockchains, employs a consensus algorithm to keep the network decentralized. XRPL employs the Federated Consensus algorithm, which is more environmentally friendly, faster, and less expensive than Bitcoin's Proof of Work mechanism.

Because there are no predefined selection processes involving mining and staking, anyone can become a validator, which is one of the peculiarities of XRPL's consensus mechanism. Even though the XRPL validator community is open to all, XRPL maintains a list of trusted validators known as the Unique Node List (UNL). XRPL is in charge of some of the validator nodes on the UNL.

Ripple is a technology company that aims to make it easier to build a high-performance, global payments business.

XRP is a digital asset that's native to the XRP Ledger — an open-source, permisionless and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in three to five seconds. It was built to be a better Bitcoin — faster, cheaper, and greener than any other digital asset.

No, XRP Ledger is a decentralized public blockchain. Ripple is a contributor to the XRP Ledger; it does not own the blockchain network.

The all-time high (ATH) price of XRP is $3.40, recorded in January 2018.

The cryptocurrency market is unpredictable and subject to volatility. When considering buying XRP, it's essential to make a price prediction based on thorough research of multiple factors that impact the cryptocurrency market, such as crypto industry trends, crypto news, XRP adoption, regulations, and company developments, among others. Additionally, analyzing XRP's tokenomics, including its price history, market capitalization, total supply, and max supply, can provide further insight into the token's potential performance.

To purchase XRP, users can rely on reputable crypto exchanges like OKX. OKX offers several ways to buy XRP.


If you prefer to use fiat currency, you can use a valid credit or debit card to purchase XRP by clicking the "Buy with card" option from the "Buy crypto" header menu.


Alternatively, you can use your existing cryptocurrencies to obtain XRP tokens through the various trading pairs available on OKX's spot market. You can also visit OKX Convert to swap your digital assets, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and more, for XRP without incurring any fees or price slippage.


To view the estimated real-time conversion prices between XRP and your preferred fiat currency, such as the US Dollar, EUR, GBP, or others, visit our new OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one XRP is worth $2.878. For answers and insight into XRP's price action, you're in the right place. Explore the latest XRP charts and trade responsibly with OKX.
Cryptocurrencies, such as XRP, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as XRP have been created as well.
Check out our XRP price prediction page to forecast future prices and determine your price targets.

Dive deeper into XRP

XRP is a digital asset that's native to the XRP Ledger — an open-source, permisionless and decentralized blockchain technology.

Legacy payment transfer solutions, such as SWIFT, take several business days to settle international fund transfers and charge high fees because it involves multiple banking partners. Ripple uses the XRP Ledger, an open-source blockchain network, to streamline global payment infrastructure and settle all XRP transactions, allowing businesses to send and receive cross-border payments in three to five seconds. XRP transactions are not only much faster than SWIFT or decentralized payment networks like Bitcoin, but they are much cheaper. To be more specific, XRP’s transaction fees cost only $0.0002.

Companies and financial institutions can use XRP to send real-time cross-border payments, source crypto liquidity from global crypto markets, and create their own central bank digital currency (CBDC).

While payment was the foundation of Ripple's operations in its early years, the protocol has gradually rebranded into a more robust ecosystem in recent years, owing to the explosion of decentralized applications. Today, Ripple provides an environment in which DeFi and NFT applications can thrive, in addition to enabling lightning-fast and cheap payments.

XRP is the native token used to facilitate transactions on the Ripple network.

How does Ripple work

There are three core components of the Ripple network:

  • RippleNet: RippleNet is a network of financial institutions, including global banks, that helps users send and receive payments on Ripple. Just as HTTPS provides a common protocol to send information across the web, RippleNet allows value transfer using a uniform set of rules called Ripple Transaction Protocol (RTXP).
  • Ripple: Ripple is the core platform powered by XRP Ledger (XRPL) and provides three features, namely the real-time gross settlement system (RTGS), currency exchange, and remittance transfers.
  • Gateways: Gateways are banks that act as trusted intermediaries between two transacting parties. These gateways are responsible for transferring funds in fiat and cryptocurrencies using the Ripple network.

What is the XRP Ledger

Blockchains like Bitcoin or Ethereum are decentralized and rely on trustless consensus mechanisms where users do not need to trust each other to send value. On the contrary, Ripple relies on a trust-based consensus mechanism using the XRP Ledger consensus protocol, where transactions are verified by trusted validators.

The XRP Ledger comprises servers that collect transactions from client applications, such as financial institutions, and processes them. Participants using the Ripple network choose a set of servers that participate in a consensus mechanism from a Unique Node List (UNL) maintained by Ripple. These servers are trusted to behave honestly to validate transactions. As long as 80 percent of servers on the UNL agree on a set of transactions, the transactions are verified. If a majority consensus is not achieved, the validators modify their proposals over several rounds until the UNL servers consider the transitions valid.

The XRP Ledger servers are operated by companies and financial institutions. Ripple, XRP Ledger Foundation, and Coil (a Ripple-funded platform) release lists of recommended validators based on metrics like past performance, verified identity, and IT policies.

XRP price and tokenomics

Ripple minted a hard-capped supply of 100 billion XRP at launch. Of these 100 billion XRP tokens, 20 percent were given to Ripple founders Chris Larsen and Jed McCaleb, 77.8 percent of XRP tokens were allocated to Ripple, and 0.2 percent were airdropped to users.

In 2017, Ripple sent 55 billion XRP tokens from its allocated supply to an escrow account. It was decided that the company would release a maximum of 1 billion XRP tokens per month to support Ripple's operations. The unused funds are sent back to the escrow account by the end of each month. Messari suggests that nearly 300 million XRP from the escrow account enter circulation each month. Ripple reportedly holds 40.7 billion XRP tokens in escrow as of February 2024. Despite the large volume of tokens being moved at regular intervals, the monthly release hasn't caused instability for XRP prices.

All XRP tokens were pre-mined by Ripple at launch. As a result, you cannot mine new XRP tokens. To ease inflation, Ripple has implemented a deflationary mechanism for XRP wherein all the fees collected on the network are burned.

XRP tokens enter circulation when the tokens are sold in the open market. Ripple cannot sell more than 0.25 percent of the average daily volume of crypto exchanges from their reserves during programmatic sales. XRP sales also come from direct selling by institutions partnering with Ripple.

The XRP price reached its all-time high of $3.84 on January 4, 2018. The token has a maximum supply of 100,000,000,000 XRP, and a circulating supply of 55.9 billion as of August 2024.

About the founders

Ryan Fugger founded a decentralized platform for creating and managing credit lines called RipplePay in 2004, which would later become Ripple. In 2011, Jed McCaleb, with a team of developers, started working on a new consensus mechanism for digital currencies, which was later called XRP Ledger. McCaleb was joined by Chris Larsen, David Schwartz, and Arthur Britto.

A year after, Jed McCaleb and Chris Larsen reached out to Ryan Fugger to acquire RipplePay, and Ryan decided to hand over the project to them. After integrating RipplePay, Larsen, and McCaleb launched Opencoin (now Ripple Labs) in September 2012.

Ripple Labs released the XRP cryptocurrency in 2012 and raised over $7.5 million in a Series A funding round led by Andreessen Horowitz in 2013 to fund the development of the Ripple project. Since then, be it implementing stricter anti-money laundering policies or obtaining a BitLicense from the State of New York, Ripple has focused on gaining the trust of financial institutions to join their network and process payments.

Brad Garlinghouse, who joined as Ripple's first Chief Operating Officer in 2015, was appointed the company's Chief Executive Officer at the start of 2017, replacing Larsen. Garlinghouse continues to hold the position of Ripple CEO today.

Ripple highlights

Ripple is popular among businesses due to the numerous business opportunities it offers. Santander adopted Ripple's technology for the launch of One Pay FX in 2016. The service aimed to provide faster and more cost-effective cross-border payments to clients. In the same year, Ripple launched a pilot program with Standard Chartered to bring its fast cross-border payment services to the lender's customers.

After adding XRP support in 2018, Wirex, a digital payments platform that supports transactions in cryptocurrency, received 12 million in XRP deposits. Additionally, Ripple gained visibility and credibility in the cryptocurrency industry in 2019. The Swiss SIX exchange launched an XRP ETP (exchange-traded product) in April, making it easier for traders to gain exposure to XRP. Nasdaq also added XRP to its cryptocurrency indexes, which helped to increase awareness and adoption of the cryptocurrency. Furthermore, Boerse Stuttgart, the second-largest stock exchange in Germany, launched XRP exchange-traded notes. Ripple announced at the end of 2019 that it had raised $200 million from Tetragon, SBI Holdings, and Route 66 Ventures.

In April 2024, Ripple announced plans to launch a U.S. dollar-pegged stablecoin that would compete with current leading stablecoins USDT and USDC, from Tether and Circle, respectively. Ripple has said the stablecoin will be backed 1-to-1 by equivalent assets including cash, U.S. dollar deposits, and government bonds. The stablecoin will initially be launched in the U.S.

Ripple and the U.S. Securities and Exchange Commission (SEC)

Ripple previously faced legal challenges from the U.S. Securities and Exchange Commission (SEC). The SEC alleged that XRP is a security subject to federal securities laws, while Ripple argued that XRP is a currency and, therefore, not subject to the same regulations.

A significant legal milestone was achieved in the cryptocurrency industry during July 2023 as U.S. District Judge Analisa Torres ruled that Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges. This ruling marks the first victory for a cryptocurrency company in a case brought against the SEC.

This outcome could have far-reaching implications for the broader cryptocurrency market, as it sheds light on the regulatory landscape surrounding digital assets and token sales.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Ripple XRP
Consensus Mechanism
Ripple XRP is present on the following networks: Binance Smart Chain, Klaytn, Ripple. Binance Smart Chain (BSC) uses a hybrid consensus mechanism called Proof of Staked Authority (PoSA), which combines elements of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). This method ensures fast block times and low fees while maintaining a level of decentralization and security. Core Components 1. Validators (so-called “Cabinet Members”): Validators on BSC are responsible for producing new blocks, validating transactions, and maintaining the network’s security. To become a validator, an entity must stake a significant amount of BNB (Binance Coin). Validators are selected through staking and voting by token holders. There are 21 active validators at any given time, rotating to ensure decentralization and security. 2. Delegators: Token holders who do not wish to run validator nodes can delegate their BNB tokens to validators. This delegation helps validators increase their stake and improves their chances of being selected to produce blocks. Delegators earn a share of the rewards that validators receive, incentivizing broad participation in network security. 3. Candidates: Candidates are nodes that have staked the required amount of BNB and are in the pool waiting to become validators. They are essentially potential validators who are not currently active but can be elected to the validator set through community voting. Candidates play a crucial role in ensuring there is always a sufficient pool of nodes ready to take on validation tasks, thus maintaining network resilience and decentralization. Consensus Process 4. Validator Selection: Validators are chosen based on the amount of BNB staked and votes received from delegators. The more BNB staked and votes received, the higher the chance of being selected to validate transactions and produce new blocks. The selection process involves both the current validators and the pool of candidates, ensuring a dynamic and secure rotation of nodes. 5. Block Production: The selected validators take turns producing blocks in a PoA-like manner, ensuring that blocks are generated quickly and efficiently. Validators validate transactions, add them to new blocks, and broadcast these blocks to the network. 6. Transaction Finality: BSC achieves fast block times of around 3 seconds and quick transaction finality. This is achieved through the efficient PoSA mechanism that allows validators to rapidly reach consensus. Security and Economic Incentives 7. Staking: Validators are required to stake a substantial amount of BNB, which acts as collateral to ensure their honest behavior. This staked amount can be slashed if validators act maliciously. Staking incentivizes validators to act in the network's best interest to avoid losing their staked BNB. 8. Delegation and Rewards: Delegators earn rewards proportional to their stake in validators. This incentivizes them to choose reliable validators and participate in the network’s security. Validators and delegators share transaction fees as rewards, which provides continuous economic incentives to maintain network security and performance. 9. Transaction Fees: BSC employs low transaction fees, paid in BNB, making it cost-effective for users. These fees are collected by validators as part of their rewards, further incentivizing them to validate transactions accurately and efficiently. Klaytn employs a modified Istanbul Byzantine Fault Tolerance (IBFT) consensus algorithm, a variant of Proof of Authority (PoA), enabling high performance and immediate transaction finality. Core Components of Klaytn’s Consensus: 1. Modified IBFT Algorithm: Immediate Transaction Finality: Klaytn’s IBFT algorithm ensures that once a block is validated, it is immediately final and cannot be reversed. This guarantees that transactions are quickly settled, providing a secure and efficient user experience. 2. Klaytn Governance Council: Council-Driven Governance: The Klaytn network is governed by the Klaytn Governance Council, a consortium of global organizations responsible for selecting and maintaining Consensus Nodes (CNs). This council-based governance model balances decentralization with performance and ensures transparency in decision-making. Two-Thirds Majority for Finalization: For a block to be finalized, it must receive signatures from more than two-thirds of the council members, ensuring broad consensus and network security. 3. Three-Tiered Node Architecture: Consensus Nodes (CNs): The selected validators responsible for producing and validating blocks. CNs are at the core of the network’s security and stability. Proxy Nodes (PNs): Act as intermediaries, relaying data between CNs and the broader network, which helps distribute network traffic and improve accessibility. Endpoint Nodes (ENs): Interface directly with end-users, facilitating transactions, executing smart contracts, and serving as user access points to the Klaytn network. The Ripple blockchain, specifically the XRP Ledger (XRPL), uses a consensus mechanism known as the Ripple Protocol Consensus Algorithm (RPCA). It differs from Proof of Work (PoW) and Proof of Stake (PoS) as it doesn't rely on mining or staking but instead leverages trusted validators in a Federated Byzantine Agreement (FBA) model. Core Concepts: 1. Validators and Unique Node Lists (UNL): Validators are trusted nodes in the network that validate transactions and propose new ledger updates. Each node maintains a list of trusted validators known as its Unique Node List (UNL). Consensus is achieved when 80% of the validators in a node's UNL agree on the validity of a transaction or block. This ensures high levels of security and decentralization. 2. Transaction Ordering and Validation: Transactions are broadcast to validators, and once 80% of the validators agree, the transaction is considered confirmed. Each ledger in the XRPL contains transaction data, and validators ensure the validity and proper ordering of these transactions. Consensus Process: 1. Proposal Phase: Validators propose new transactions to be added to the ledger. 2. Validation Phase: Validators vote on proposed transactions by comparing them to their UNL. Consensus is achieved when 80% of validators agree. 3. Finalization: Once consensus is reached, the transactions are written into the new ledger, making them irreversible and final.
Incentive Mechanisms and Applicable Fees
Ripple XRP is present on the following networks: Binance Smart Chain, Klaytn, Ripple. Binance Smart Chain (BSC) uses the Proof of Staked Authority (PoSA) consensus mechanism to ensure network security and incentivize participation from validators and delegators. Incentive Mechanisms 1. Validators: Staking Rewards: Validators must stake a significant amount of BNB to participate in the consensus process. They earn rewards in the form of transaction fees and block rewards. Selection Process: Validators are selected based on the amount of BNB staked and the votes received from delegators. The more BNB staked and votes received, the higher the chances of being selected to validate transactions and produce new blocks. 2. Delegators: Delegated Staking: Token holders can delegate their BNB to validators. This delegation increases the validator's total stake and improves their chances of being selected to produce blocks. Shared Rewards: Delegators earn a portion of the rewards that validators receive. This incentivizes token holders to participate in the network’s security and decentralization by choosing reliable validators. 3. Candidates: Pool of Potential Validators: Candidates are nodes that have staked the required amount of BNB and are waiting to become active validators. They ensure that there is always a sufficient pool of nodes ready to take on validation tasks, maintaining network resilience. 4. Economic Security: Slashing: Validators can be penalized for malicious behavior or failure to perform their duties. Penalties include slashing a portion of their staked tokens, ensuring that validators act in the best interest of the network. Opportunity Cost: Staking requires validators and delegators to lock up their BNB tokens, providing an economic incentive to act honestly to avoid losing their staked assets. Fees on the Binance Smart Chain 5. Transaction Fees: Low Fees: BSC is known for its low transaction fees compared to other blockchain networks. These fees are paid in BNB and are essential for maintaining network operations and compensating validators. Dynamic Fee Structure: Transaction fees can vary based on network congestion and the complexity of the transactions. However, BSC ensures that fees remain significantly lower than those on the Ethereum mainnet. 6. Block Rewards: Incentivizing Validators: Validators earn block rewards in addition to transaction fees. These rewards are distributed to validators for their role in maintaining the network and processing transactions. 7. Cross-Chain Fees: Interoperability Costs: BSC supports cross-chain compatibility, allowing assets to be transferred between Binance Chain and Binance Smart Chain. These cross-chain operations incur minimal fees, facilitating seamless asset transfers and improving user experience. 8. Smart Contract Fees: Deployment and Execution Costs: Deploying and interacting with smart contracts on BSC involves paying fees based on the computational resources required. These fees are also paid in BNB and are designed to be cost-effective, encouraging developers to build on the BSC platform. Klaytn’s incentive structure includes block rewards and transaction fees distributed to Consensus Nodes (CNs) and various network funds, fostering network security, sustainability, and community development. Incentive Mechanisms: 1. Rewards for Consensus Nodes (CNs): Fixed Block Rewards: CNs earn fixed rewards in KLAY tokens for validating and producing blocks. This predictable income incentivizes CNs to maintain active participation and secure the network. Transaction Fees: Users pay transaction fees in KLAY tokens, which are collected by the network and distributed among the CNs as additional rewards, further supporting network security and stability. 2. Block Reward Distribution: Governance Council (GC) Reward: GC Block Proposer Reward: 10% of the block reward goes to the specific CN that proposed the block, incentivizing continuous active participation. GC Staking Award: 40% of the block reward is distributed among all Governance Council members who stake KLAY, promoting network security by rewarding staked tokens. Klaytn Community Fund (KCF): 30% of each block reward is allocated to the KCF to support community development, dApp creation, and overall ecosystem growth. Klaytn Foundation Fund (KFF): 20% of the block reward goes to the KFF, providing resources for long-term network sustainability and future development initiatives. 3. Transaction Fees: User Fees for Network Interaction: Users pay fees in KLAY based on gas usage and gas price for transactions. These fees are then distributed to CNs, incentivizing efficient transaction processing and active participation. Applicable Fees: Transaction Fees: Transaction fees on Klaytn are paid in KLAY and calculated based on gas consumption. These fees support network maintenance by compensating validators and fostering economic sustainability. The Ripple XRP blockchain uses a unique incentive structure that differs from traditional Proof of Work (PoW) or Proof of Stake (PoS) systems, focusing on its Ripple Protocol Consensus Algorithm (RPCA). Here's a breakdown of the incentives and fees: Incentive Mechanisms to Secure Transactions: 1. Validators: Validators on the Ripple network are not directly compensated with rewards like in PoW/PoS models. Instead, they are incentivized by the utility and stability of the network, particularly financial institutions that benefit from Ripple's efficiency in cross-border payments. 2. No Mining: Since Ripple does not use mining, it eliminates the need for energy-intensive computations, contributing to fast transaction speeds and scalability. Fees on the Ripple XRP Blockchain: 1. Transaction Fees: Ripple charges minimal transaction fees (typically fractions of an XRP, known as "drops") for each transaction. The purpose of these fees is to prevent network spam and overload. 2. Burn Mechanism: A portion of each transaction fee is burned, meaning it's permanently removed from circulation. This reduces the overall supply of XRP over time, contributing to potential long-term value stability.
Beginning of the period to which the disclosure relates
2024-09-28
End of the period to which the disclosure relates
2025-09-28
Energy report
Energy consumption
299637.83623 (kWh/a)
Renewable energy consumption
33.659859982 (%)
Energy intensity
0.00001 (kWh)
Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal energy cost wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Share of electricity generated by renewables - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/share-electricity-renewables.
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: For the calculation of energy consumptions, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts. To determine the energy consumption of a token, the energy consumption of the network(s) binance_smart_chain, klaytn is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Emissions report
Scope 1 DLT GHG emissions – Controlled
0.00000 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased
100.38007 (tCO2e/a)
GHG intensity
0.00000 (kgCO2e)
Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal emission wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Carbon intensity of electricity generation - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/carbon-intensity-electricity Licenced under CC BY 4.0.
Market cap
$172.00B
Circulating supply
59.83B / 100B
All-time high
$3.661
24h volume
$4.98B
4.4 / 5
XRPXRP
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