Ripple has a price of $ 0.341576 with a marketcap of $ 16.53 B. It ranks number 7 of all cryptocurrencies.
XRP is a cryptocurrency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the currency native to the XRP Ledger, you can actually use any currency to transact on the platform. The person behind the idea of the Ripple payment platform was Ryan Fugger, it wasn’t until 2012 when Jed McCaleb and Chris Larson took over the project and build Ripple.