+

Total Market Cap: $2.370T

24h Volume: $33.000B

BTC Dominance: 67.67%

Global Market Sentiment: 29

Average Market Correlation: 0.30

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Ripple

XRP
Rank #3
$2.008

-0.64%

Low:
$1.932
High:
$2.023
(24h)
Volume 24h
$3,324,566,598
-48.55%
Circulating Supply
58,274,974,538 XRP
Total Supply
ISSUE TO SOLVE
Max Supply
100,000,000,000 XRP
Market Cap
$116,387,333,838
Fully Diluted Market Cap
$200,752,681,443
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
71.36%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.54
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.568
Market Dominance
4.92%
ATL/ATH
$0.00/$3.09
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
42
Information for Ripple
Last News related to Ripple
What is Ripple ?

Overview

Cardano (ADA) is a blockchain platform focused on sustainability, scalability, and interoperability. Launched in 2017 by Charles Hoskinson, one of the co-founders of Ethereum, Cardano aims to provide a more secure and scalable infrastructure for the development of dApps and smart contracts. It employs a unique, scientifically peer-reviewed development approach and is built on a layered architecture, separating the ledger of account values from the reason for transactions.

Utility

Cardano's native cryptocurrency, ADA, is used to pay for transactions and computational services on the Cardano network. ADA holders can also stake their tokens to participate in the network's PoS consensus mechanism, earning rewards in return. Cardano supports the development of decentralized applications, DeFi projects, and smart contracts, providing a flexible and scalable platform for blockchain innovation. Its focus on sustainability and academic rigor distinguishes it from other blockchain platforms.

Security

Cardano uses a Proof of Stake (PoS) consensus mechanism called Ouroboros, which is designed to be both secure and energy-efficient. In Ouroboros, validators are chosen to create new blocks and verify transactions based on their stake in the network. This consensus algorithm is backed by rigorous academic research and is proven to be secure against a wide range of attacks. Cardano's layered architecture and formal verification methods further enhance the network's security and resilience.

Supply data provided by CoinGecko API
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