How much does 1 XRP cost today?

As of right now, 1 XRP costs $1.19 USD. The price is updated live from CoinGecko and changes throughout the day based on global trading activity.

How do I buy XRP in Canada?

Canadians can buy XRP on regulated Canadian exchanges such as Bitbuy, Newton, NDAX, Wealthsimple Crypto, and Shakepay. XRP is also available on major international exchanges (Coinbase, Kraken, Binance) and as spot ETFs in some cases. Always confirm the platform is registered with the Canadian Securities Administrators (CSA) before depositing funds.

How is XRP taxed in Canada?

In Canada, the CRA treats cryptocurrency as a commodity rather than a currency. Selling, trading, or spending XRP triggers a capital gain or loss — 50% of which is taxable as income at your marginal rate. If you trade XRP frequently or as a business, the CRA may treat profits as 100% taxable business income. Keep detailed records of every transaction, including date, amount, fair market value in CAD, and counterparty.

Is XRP a good investment?

This page does not provide investment advice. XRP is a volatile asset — historical price swings have included gains and losses of more than 50% within single calendar years. Before investing, understand your time horizon, risk tolerance, and only invest what you can afford to lose. Consider using our DCA Simulator to test how dollar-cost-averaging into XRP would have performed historically.

XRP uses a XRP Ledger Consensus Protocol (federated) consensus mechanism, so it cannot be staked directly in the same way as proof-of-stake coins like Ethereum or Solana. Some platforms offer "earn" or lending products that pay yield on XRP, but these carry counterparty risk.

XRP Price (XRP)

Rank #6 by market cap

            $1.19
        

24H Change -2.53%

7D Change -8.82%

Market Cap $73.84B

24H Volume $2.44B

24H High $1.24

24H Low $1.19

USD CAD EUR

Price Chart

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About XRP

A digital currency designed for fast, low-cost cross-border payments.

XRP is the native cryptocurrency of the XRP Ledger, an open-source blockchain originally created in 2012 by Jed McCaleb, Arthur Britto, and David Schwartz. XRP is operated by Ripple Labs and is built specifically for international value transfers — payments settle in 3-5 seconds at fractions of a cent per transaction. The XRP Ledger uses a federated consensus mechanism distinct from proof-of-work or proof-of-stake.

XRP is used by financial institutions for cross-border settlements through Ripple's payment network, replacing the slower SWIFT system in some corridors. Banks in Asia, Latin America, and the Middle East use XRP-based services for remittances. XRP is also commonly held as a speculative asset by retail traders.

Key facts

Category	Payments / Cross-Border Transfers
Launched	2012
Consensus	XRP Ledger Consensus Protocol (federated)
Supply	Capped at 100 billion XRP, all pre-mined. Ripple Labs holds a large portion in escrow.
Founder	Jed McCaleb, Arthur Britto, David Schwartz (Ripple Labs)
Official site	https://ripple.com