XRP Market Cap
The XRP market cap stands at approximately $88.8 billion USD as of March 2026, making it the #4 largest cryptocurrency by market capitalization behind Bitcoin, Ethereum, and Tether.
XRP Market Cap Formula
Market cap = Current XRP price × Circulating supply. With XRP trading at $1.45 USD and a circulating supply of 61.2 billion XRP, the market cap equals approximately $88.8 billion USD. The CoinMarketCap ranking confirms XRP at #4 with a live market cap of $89.28 billion USD as of the latest update.
XRP Supply Data
XRP has a fixed maximum supply of 100 billion tokens, all issued at the XRP Ledger's genesis. Of these, 80 billion were allocated to Ripple Labs and 20 billion to the founders. Ripple placed 55 billion XRP into monthly time-release escrows; unused tokens automatically return to escrow. As of 2026, approximately 61.2 billion XRP are in circulation.
Because XRP's supply is fixed with no ongoing token issuance or mining rewards, this scarcity model shapes perceptions of long-term value. Coinbase, 2026
XRP vs Total Crypto Market
XRP's market dominance fluctuates between 3–5% of the total crypto market. During bull runs — particularly following the SEC case resolution in 2025 and ETF approval — XRP's market cap briefly surpassed $200 billion. Ripple's own company valuation was recently set at $50 billion following a $750 million share buyback program.