- XRP Ledger processes 1,500 TPS with sub-five-second finality, offering native escrow, payment channels and DEX for multi-currency swaps.
- XRP supply caps at 100 billion tokens with no new issuance and deflation via fee burns; Asia-Pacific pilots underway.
XRP is currently trading around $2.08, showing a -1.37% decline over the last 24 hours. Weekly losses have accumulated to over -7%, continuing a broader retracement from the recent local high of approximately $2.35 reached earlier in June.
XRP still maintains a strong yearly gain of over 280%, although its bullish momentum has clearly cooled. The market capitalization stands near $122 billion, solidifying XRP’s position among the top five digital assets globally.
From a technical perspective, XRP is currently consolidating within a descending triangle, with short-term support around $2.00–$2.05. A breakdown from this structure could lead to a retest of $1.85–$1.90, especially if Bitcoin continues to show weakness below the $102,000 mark.
On the upside, XRP needs to reclaim and hold above $2.20–$2.30 to reestablish bullish market structure. Daily RSI is currently neutral near 44, indicating room for either further downside or a bounce depending on market catalysts.
One of today’s focal points is the growing institutional and enterprise utility of the XRP Ledger, which remains capable of processing up to 1,500 transactions per second and finalizing payments in under five seconds. This positions XRP as one of the most scalable networks for real-world payments, especially compared to Layer 1 competitors.
The platform also includes native smart contract functions — including escrow, payment channels, and on-ledger decentralized exchange (DEX) — enabling advanced financial applications and seamless multi-currency swaps.
News today emphasizes the finite supply of XRP, with a hard cap of 100 billion tokens, no further issuance possible, and slow deflation through transaction fee burn. Ripple Labs continues to steward the protocol, while also advocating for pro-crypto regulatory frameworks in North America and abroad.
This aligns with their recent global expansion into banking infrastructure — particularly within Asia-Pacific and Latin America — where pilot programs for cross-border payment rails using XRP are underway.
Furthermore, the XRPL ecosystem is seeing renewed development interest following the integration of new cryptographic tools like Ed25519 for more efficient signatures, and exploratory use cases for Interledger Protocol (ILP), which aims to unify fragmented global finance. While these updates do not directly influence price, they reflect a maturing Layer 1 protocol whose functionality has expanded well beyond simple remittance.
