
XRP
XRP#5XRP is the native coin of the XRP Ledger, a blockchain built for fast, low-cost payments and currency exchange.
- Market cap
- $93.84B
- Volume 24h
- $2.84B
- All-time high
- $3.65
- −59.11% from ATH
- Circulating supply
- 62.88B of 100B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, gambling (maysir), business model, and excessive uncertainty (gharar).
- 4 pass
- 4 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About XRP
XRP is the native coin of the XRP Ledger, a blockchain built for fast, low-cost payments and currency exchange.
The XRP Ledger is a public blockchain built for fast, cheap payments and currency exchange. It went live in June 2012, created by David Schwartz, Jed McCaleb and Arthur Britto; the earliest ledger still on record is from 1 January 2013. XRP is its native coin: every account must hold a small XRP reserve, transaction fees are paid in XRP, and XRP can act as a bridge between two currencies. Transactions settle in about 3–5 seconds.
All 100 billion XRP were created at launch, and no new XRP can ever be issued. Fees are not paid to anyone but destroyed, so supply slowly falls. There is no mining or staking: validators, the computers that agree on each ledger, are not paid. At launch the founders kept 20 billion XRP and gave about 80 billion to the company that became Ripple Labs. In 2017 Ripple locked 55 billion XRP in on-ledger escrow that releases up to 1 billion a month; about 31–32 billion remained locked in September 2026, and at its last report (March 2025) Ripple's escrow and wallets together held about 42% of all XRP.
Ripple Labs is a separate private company, valued at $40 billion in November 2025. It sells payment, custody and treasury services, issues the RLUSD stablecoin, and since October 2025 runs Ripple Prime, a prime broker offering financing and derivatives. From 2020 to 2025 it fought a US SEC lawsuit: the court found its direct XRP sales to institutions were unregistered securities offerings, fined it $125 million and barred further such sales; both appeals were dropped in August 2025. In March 2026 the SEC and CFTC listed XRP as an example of a digital commodity.
The ledger has a built-in exchange and, since March 2024, automated market maker pools. A native lending protocol has been developed but was not enabled on mainnet as of 27 September 2026. About $1.2 billion of stablecoins circulate on the ledger. In the US, XRP is held by spot exchange-traded funds such as the Canary and Bitwise XRP ETFs, which began trading in November 2025.
Sources · 14
- XRP Ledger — History
- XRPScan API — XRP Ledger ledger 32570
- XRP Ledger docs — Transaction cost
- XRP Ledger docs — Reserves
- Bitwise XRP ETF — Form 10-K for fiscal year 2025
- Q1 2025 XRP Markets Report (Ripple)
- Ripple unlocked a billion XRP and the price kept climbing (crypto.news)
- Ripple Announces $500 Million Strategic Investment Led by Fortress and Citadel Securities (Ripple)
- It's Prime Time: Ripple Closes Hidden Road Acquisition (Ripple)
- Ripple, SEC Drop Appeal After Settlement Path Blocked by Judge (Bloomberg Law)
- SEC and CFTC release joint interpretation on crypto asset regulation (Norton Rose Fulbright)
- XRPScan API — amendments
- DefiLlama — stablecoins by chain (API)
- Canary XRP ETF — Form 10-K for fiscal year 2025
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Jan 1, 2013
- Consensus
- Federated
- Max supply
- 100,000,000,000 XRP
What it is used for
- Cross-border payments and currency exchange, with XRP as a bridge asset
- Paying transaction fees and holding the account reserve on the XRP Ledger
- Trading on the ledger's built-in exchange and automated market maker pools
- Settling stablecoins such as RLUSD and tokenised assets issued on the ledger
- Exposure through US spot exchange-traded funds
Market data
- Market cap
- $93.84BRank #5
- Fully diluted value
- $149.24BAt 100B XRP
- Volume 24h
- $2.84B3.03% of market cap
- Total supply
- 99.99B XRPIssued so far
- All-time high
- $3.65Jul 17, 2025 · −59.11%
- All-time low
- $0.002686May 21, 2014
- Circulating supply
- 62.88B XRP62.9% of max supply
- Max supply
- 100B XRPFixed by protocol
Where it trades
No exchanges from our coverage trade XRP yet
Similar halal assets
Halal verdict, same category