Ripple XRP Market Cap: Supply, Value & Ranking
Ripple's XRP holds a market capitalization of approximately $83 billion USD as of April 2026, making it the fourth largest cryptocurrency by market cap. This positions XRP behind only Bitcoin, Ethereum, and Tether in terms of total value.
XRP Supply Structure
XRP has a fixed maximum supply of 100 billion tokens—all of which were created at the XRP Ledger's inception in 2012. Unlike Bitcoin, there is no mining and no new token issuance. This fixed supply model is a key factor in long-term valuation discussions.
- Max Supply: 100,000,000,000 XRP (100 billion)
- Circulating Supply: ~61.4 billion XRP
- Held in Escrow by Ripple: Remaining tokens released in monthly installments
- Escrow Purpose: Manage supply and minimize market disruption
"As of 2025, more than 59 billion XRP are in circulation, with the remaining tokens held in escrow by Ripple, released in scheduled installments."
— Coinbase, 2026
How XRP Market Cap Is Calculated
Market capitalization is calculated by multiplying the current XRP price by the circulating supply. At $1.37 per XRP with ~61.4 billion XRP in circulation, the market cap equals approximately $84.1 billion. If the remaining escrowed tokens were included (fully diluted valuation), the figure would be closer to $137 billion at current prices.
XRP vs. Other Top Cryptocurrencies
XRP's market cap stability relative to higher-ranked assets reflects its strong use case in cross-border payments and the growing network of financial institutions integrating Ripple's infrastructure. Banks including BBVA, BNP Paribas, and Citigroup actively engage with Ripple's custody solutions, reinforcing XRP's position as institutional-grade infrastructure.