Intelligence Report
Live market and network data for the XRP Ledger and XRP, its native token, from exchanges, the XRP Ledger itself and public data sources, updated continuously and compiled into reports.
Price
24h change
Market cap
Circulating supply
XRP
Transactions per second
All transactions in validated ledgers
XRP in Ripple's escrow
XRP
Next unlock 1.00B XRP on Nov 1
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24h trading volume
7d change
30d change
All-time high
Jul 17, 2025
Market cap rank
Fully diluted valuation
Transactions per day
7-day average
XRP burned per day
7-day average, transaction fees
Transaction fees per day
7-day average, in USD
Ledger close
Average over the last 15 ledgers
DeFi TVL
Native AMM and DeFi
- Total value locked
- $41.53M
- DEX volume, Oct 5, 2026
- $5.88M
- Stablecoin supply
- $1.31B
- RLUSD issued
- $1.17B
- USDC issued
- $4.92M
Transactions: per UTC day from DefiLlama, which matched a recount of every ledger on the XRP Ledger (full history from May 14, 2026 for subscribers); latest complete day Oct 7, 2026, 2.23M transactions. They include transactions that failed but still paid their fee. XRP burned: every transaction fee is destroyed, so the XRP burned in a UTC day is the fall in the ledger's total XRP between the last ledgers before consecutive midnights (full history from January 2024 for subscribers). Fees in USD, DeFi TVL, DEX volume and stablecoin supply: DefiLlama, chain XRPL. RLUSD and USDC issued: read from each issuer's account on the ledger.
Tokenized real world assets and stablecoins on the XRP Ledger: assets distributed to holders on the network, and assets that use the XRP Ledger as their record-keeping layer.
Distributed RWA value
+8.8% over 30 days
Represented RWA value
+0.1% over 30 days
Stablecoin market cap
81,159 holders
RWA holders
423 tokenized assets
RWA transfer volume
30 days
| Asset class | Value | Share |
|---|---|---|
| Commodities | $2.51B | 39.9% |
| Asset-Backed Credit | $1.63B | 26.0% |
| Stablecoins | $1.26B | 20.0% |
| Corporate Credit | $453.60M | 7.2% |
| US Treasury Debt | $347.21M | 5.5% |
| Private Equity | $58.74M | 0.9% |
| Active Strategies | $21.15M | 0.3% |
| Real Estate | $7.60M | 0.1% |
| non-US Government Debt | $0.37 | 0.000% |
| Platform | Value | Share |
|---|---|---|
| Justoken | $2.23B | 35.4% |
| CRX Digital Assets | $1.45B | 23.1% |
| RLUSD | $1.23B | 19.5% |
| VERT Capital | $551.90M | 8.8% |
| Ctrl Alt | $288.31M | 4.6% |
| Ondo | $187.58M | 3.0% |
| MB | Mercado Bitcoin | $80.61M | 1.3% |
| Archax | $55.39M | 0.9% |
| Licuido Limited | $50.05M | 0.8% |
| Franklin Templeton Benji Investments | $48.33M | 0.8% |
| Zeconomy | $40.36M | 0.6% |
| Asseto | $24.50M | 0.4% |
| OpenEden Digital | $20.90M | 0.3% |
| Braza Crypto | $15.35M | 0.2% |
| Societe Generale - FORGE | $11.20M | 0.2% |
| Circle | $5.12M | 0.081% |
| Schuman Financial | $407.93K | 0.006% |
| AUDC Pty Ltd | $219.53K | 0.003% |
Source: rwa.xyz, the XRP Ledger network page. Distributed: tokens that holders subscribe to, hold and transfer on the XRP Ledger. Represented: assets recorded on the XRP Ledger by their issuer or platform, held off network. Tables cover distributed and represented value plus stablecoins (total 6.29B USD); shares are of that total. Data as of Oct 8, 2026, 20:35 UTC.
All 100 billion XRP were created when the XRP Ledger launched, and no more can be created. Every transaction destroys a small fee in XRP, so the total only falls. Ripple holds part of the supply in escrows on the ledger that unlock on the first of each month.
Total XRP
In existence now
Circulating supply
68.6% of total XRP
In Ripple's escrow
98 escrows
XRP burned
Transaction fees since launch; no XRP is created
Next escrow unlock
Nov 1, 2026
All XRP
- Circulating68.6%68.59B XRP
- Ripple's escrow31.4%31.40B XRP
| Unlocks on (00:00 UTC) | XRP |
|---|---|
| Nov 1, 2026 | 1.00B |
| Dec 1, 2026 | 1.00B |
| Jan 1, 2027 | 1.00B |
| Feb 1, 2027 | 1.00B |
| Mar 1, 2027 | 1.00B |
| Apr 1, 2027 | 1.00B |
| May 1, 2027 | 1.00B |
| Jun 1, 2027 | 1.00B |
| Jul 1, 2027 | 1.00B |
| Aug 1, 2027 | 1.00B |
| Sep 1, 2027 | 1.00B |
| Oct 1, 2027 | 1.00B |
| Nov 1, 2027 | 1.00B |
| Dec 1, 2027 | 1.00B |
| Jan 1, 2028 | 1.00B |
| Feb 1, 2028 | 1.00B |
| Mar 1, 2028 | 1.00B |
| Apr 1, 2028 | 1.00B |
| May 1, 2028 | 1.00B |
| Jun 1, 2028 | 1.00B |
| Jul 1, 2028 | 1.00B |
| Aug 1, 2028 | 1.00B |
| Sep 1, 2028 | 1.00B |
| Oct 1, 2028 | 1.00B |
| Nov 1, 2028 | 1.00B |
| Dec 1, 2028 | 1.00B |
| Jan 1, 2029 | 1.00B |
| Feb 1, 2029 | 1.00B |
| Mar 1, 2029 | 1.00B |
| Apr 1, 2029 | 1.00B |
| May 1, 2029 | 1.00B |
| Jun 1, 2029 | 400.00M |
Each row is the XRP whose escrow can be released from that date. Release is not automatic: Ripple finishes the escrow and has typically placed part of each month's XRP back into new escrows, so the schedule changes as that happens.
All figures read from the XRP Ledger. Total XRP: the ledger's own count of XRP in existence. XRP burned: 100 billion minus that total. Escrow: every XRP escrow held by Ripple's escrow accounts. Circulating supply: total XRP minus Ripple's escrow; it still includes XRP Ripple holds outside escrow and about 0.15 billion XRP in other parties' escrows, which is why it is higher than the circulating figure some data providers publish. Updated every five minutes.
The XRP Ledger has no mining or staking. Independent validators agree on each ledger, and each server trusts a list of validators; the default lists are published by Ripple and by the XRPL Foundation. Protocol changes, called amendments, take effect after at least 80% of those validators support them for two weeks.
Validators on the default list
Same list from Ripple and the XRPL Foundation
Validation quorum
28 of 35 validators must agree
Amendments enabled
115 known to the server
Amendments in voting
1 with a majority, enabling in two weeks
Latest server release
Sep 25, 2026
| Amendment | Support | Expected |
|---|---|---|
| fixBatchV1_2 (opens in a new tab)Not yet described on xrpl.org; links to the list | 100.00% | Oct 9, 2026 |
| LendingProtocolV1_1 (opens in a new tab) | 48.57% | No majority |
| fixCleanup3_4_0 (opens in a new tab) | 74.29% | No majority |
| Sponsor (opens in a new tab)XLS-68 specification (opens in a new tab) | 20.00% | No majority |
| DynamicMPT (opens in a new tab) | 42.86% | No majority |
| ConfidentialTransfer (opens in a new tab)XLS-96 specification (opens in a new tab) | 51.43% | No majority |
| BatchV1_1 (opens in a new tab)XLS-56 specification (opens in a new tab) | 85.71% | Oct 9, 2026 |
| SingleAssetVault (opens in a new tab)XLS-65 specification (opens in a new tab) | 60.00% | No majority |
| LendingProtocol (opens in a new tab)XLS-66 specification (opens in a new tab) | 51.43% | No majority |
| fixXChainRewardRounding (opens in a new tab) | 34.29% | No majority |
| XChainBridge (opens in a new tab)XLS-38 specification (opens in a new tab) | 17.14% | No majority |
| Release | Published |
|---|---|
| 3.4.1 (opens in a new tab)xrpl.org release post | Sep 25, 2026 |
| 3.4.0 (opens in a new tab)GitHub release | Sep 17, 2026 |
| 3.3.0 (opens in a new tab)GitHub release | Aug 6, 2026 |
| 3.2.1 (opens in a new tab)GitHub release | Aug 1, 2026 |
| 3.2.0 (opens in a new tab)GitHub release | Jun 16, 2026 |
| 3.1.3 (opens in a new tab)GitHub release | May 8, 2026 |
| 3.1.2 (opens in a new tab)GitHub release | Mar 12, 2026 |
| 3.1.1 (opens in a new tab)GitHub release | Feb 23, 2026 |
| 3.1.0 (opens in a new tab)GitHub release | Jan 28, 2026 |
| 3.0.0 (opens in a new tab)GitHub release | Dec 9, 2025 |
| 2.6.2 (opens in a new tab)GitHub release | Nov 19, 2025 |
| 2.6.1 (opens in a new tab)GitHub release | Sep 30, 2025 |
Validator lists: vl.ripple.com and unl.xrplf.org, decoded and compared. Quorum: the XRP Ledger servers' own setting. Amendments: the ledger's amendment status (feature); support and expected dates from the XRPL Foundation's validator history service (data.xrpl.org). Each amendment links to its entry on xrpl.org Known Amendments (opens in a new tab), with its specification in the XRPL Standards (XLS) (opens in a new tab) where xrpl.org names one; an amendment xrpl.org does not describe yet links to the list. Server releases: XRPLF/rippled on GitHub, dated by GitHub's published date, and release posts on xrpl.org, dated by the post's publication date (emergency releases are sometimes published only there).
Organizations building on, operating and investing in the XRP Ledger.
Coverage from Genfinity, posts from the official RippleX Developers, and press releases from major press wires.
Official Blogs
Ripple and XRP Ledger community events and scheduled protocol changes (amendments), each linked to its source. Dates are UTC.
Upcoming
UpgradeTo be confirmed
PermissionDelegationV1_1 amendment expected to enableReached validator majority on Sep 24, 2026; enables at 21:25 UTC if the majority holds for two weeks
UpgradeTo be confirmed
BatchV1_1 and fixBatchV1_2 amendments expected to enableReached validator majority on Sep 25, 2026; enable at about 14:13 and 14:46 UTC if the majority holds
Weekly, monthly, quarterly, half-year and annual XRP Ledger reports compiled from daily data.
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genfinity.ioFrequently Asked Questions
What does this page cover?
Public data about the XRP Ledger: the XRP market price, supply, burn and Ripple's escrow, network activity and fees, validators and amendments, decentralized finance, stablecoins, real world assets, and the ecosystem.
How often is the data updated?
The XRP price refreshes every 10 seconds and throughput every minute while the page is open. Supply, escrow and stablecoin figures refresh every five minutes; validators and amendments every 30 minutes; other figures from every hour to every six hours. Daily statistics are added once each UTC day has closed. All dates and times are in UTC.
Where does the data come from?
From public sources: exchange market data, the XRP Ledger itself through public servers (total XRP, fees burned, escrow, stablecoins issued, amendments), the validator lists published by Ripple and the XRPL Foundation, DefiLlama (daily transactions, fees in USD, decentralized finance), and public market and real world asset data aggregators. The notes under each section name the sources and define each figure.
Why is the circulating supply higher than on some data sites?
This page reads circulating supply from the ledger: all XRP in existence minus the XRP locked in Ripple's escrows. Some data providers also subtract XRP that Ripple holds outside escrow, using their own lists of Ripple accounts, so their figure is lower. Market cap on this page uses the ledger-based figure.
Is XRP burned?
Yes. Every transaction pays a small fee in XRP that is destroyed, not paid to anyone, so the total supply only falls. The daily figure here is the exact fall in the ledger's own count of XRP between the last ledgers of consecutive days.
What is free, and what is for subscribers?
Live figures, price charts and the last quarter (92 days) of chart history are free on every network page. Reports, the report archive, downloads and full chart history are for subscribers. Subscriptions open once our licensed data sources are in place; plans are on the pricing page.
How do I subscribe or unsubscribe?
Report subscriptions open soon, once our licensed data sources are in place; plans are on the pricing page. Existing subscribers can unsubscribe or change their choices from the link in any Genfinity email.
Is this investment advice?
No. The information on this page is provided for general information only. See the disclosures below.
Who publishes this page, and is it sponsored?
This page is published by Genfinity. A statement on how this page is commissioned and funded will be published here.
Disclosures
- Not Investment Advice
- The information on this page is provided for general information only. It is not investment, legal, tax or accounting advice, and it is not an offer or solicitation to buy or sell any asset. Past performance is not indicative of future results. The value of digital assets can change quickly.
- Data Sources & Limitations
- Figures come from third-party and on-chain sources and are provided without warranty of accuracy or completeness. Sources can be delayed, interrupted or revised; when a source is unavailable, the last available value is shown. XRP burned, total XRP, escrow and circulating supply are read from the XRP Ledger (daily burn from Jan 1, 2024; escrow and circulating supply recorded from Sep 28, 2026). Transactions per day come from DefiLlama, whose figure matched a recount of every ledger, from May 14, 2026. Circulating supply is total XRP minus Ripple's escrow and is higher than providers that also exclude Ripple's other holdings. Decentralized finance and real world asset figures cover only the applications and assets the aggregators track. Figures are unaudited. All times are UTC.
- Forward-Looking Statements
- Some content, such as scheduled upgrades, governance votes, events and third-party announcements, refers to future events. It reflects information available at the time of publication and may change; actual outcomes may differ. Genfinity makes no projections of its own, and any third-party forecast is attributed to its source.
- Commissioning & Sponsorship
- A statement on how this page is commissioned and funded will be published here.
- Trademarks
- XRP, XRP Ledger and XRPL are trademarks of their respective owners. Ripple and the XRPL Foundation are not affiliated with, and have not sponsored or endorsed, this page. Other names and logos belong to their respective owners and are used for identification only; their use does not imply endorsement.