As of December 17, 2024, XRP is trading at approximately $2.58, with a market capitalization around $147.8 billion.

This positions XRP as the third-largest cryptocurrency by market cap, following Bitcoin and Ethereum.

Market capitalization is calculated by multiplying the current price of the cryptocurrency by its circulating supply.

In XRP's case, with a circulating supply of about 57.2 billion tokens, the market cap reflects its significant presence in the cryptocurrency market.