What is XRP (XRP)?

XRP is an open-source digital asset native to the blockchain called XRP Ledger (XRPL). XRPL is mainly used for RippleNetwork, a global payments network that's designed to make institutional money transfers incredibly efficient and cost-effective. The company that originally created XRP and currently runs RippleNetwork, called Ripple, is fighting a lawsuit by the US’ Securities and Exchange Commission (SEC). That lawsuit sparked a mass-delisting of XRP from US-based crypto exchanges. While still unresolved, the lawsuit against Ripple is expected to set a legal precedent for digital asset regulation in the US.
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XRP
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Cryptohunt's Opinion

Our take on XRP

While Ripple technically doesn’t manage XRP in any official capacity, its influence on XRP is undeniably strong, with many of the latest XRP pumps directly correlated to positive news about Ripple’s chances in its fight with the SEC. While we wish Ripple the best of luck in defending itself against the SEC, we are hesitant about the de facto centralization that XRP has through its non-official relationship with Ripple.
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What makes XRP special?
XRP is a on its own, uses to validate transactions, and is. XRP also supports.

Interesting facts about XRP

Here are some facts you may not already know about XRP. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Major exchanges in the US have suspended trading of XRP because of the lawsuit.

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Ripple is currently being sued by the Securities and Exchange Commission over an alleged illegal initial coin offering.

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Ripple is used by major banks, like Santander, to move money around.

XRP reviews from the cryptohunt community

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XRP price and insights

See how much XRP is worth and learn from other insightful metrics
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Community Reviews
Based on 1 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
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% of total supply circulating
Very small

What’s the community like?

Community matters for projects like XRP, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
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# Active Discord members
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