XRP Market Statistics
XRP currently holds a market capitalization of approximately $84 billion USD, placing it at #4 in the global cryptocurrency rankings. Market cap is calculated by multiplying the live XRP price by the 61.4 billion tokens in current circulation.
The fully diluted valuation (FDV) of XRP, which assumes all 100 billion maximum tokens in circulation, stands at approximately $137 billion USD. This figure provides a theoretical ceiling for XRP's market cap based on current pricing.
XRP's 24-hour trading volume regularly exceeds $2.5–3 billion USD, indicating deep liquidity across the 1,800+ active markets where XRP trades. High volume is particularly important for institutional investors who require large order execution without significant price slippage.
The XRP burn mechanism destroys a tiny amount of XRP with every transaction to prevent spam and DDoS attacks. This deflationary feature gradually reduces total supply over time, which may support long-term price appreciation.
XRP's market dominance — the percentage of total crypto market cap represented by XRP — currently stands at approximately 3%. This figure fluctuates with Bitcoin price movements and overall market conditions.
