Our column of prices and news analysis of the crypto world: analysis of XRP, Cronos and Beam assets.
XRP, Cronos and Beam crypto market prices and statistics
XRP currently marks a price of US$0.62 on the market, with a market capitalization of US$33.5 billion. Over the past 24 hours, trading volume has reached USD 1.1 billion, while the circulating supply stands at 53.7 billion XRP. The average holding time for this cryptocurrency is 74 days.
Placing itself as the fifth most popular currency, XRP has reached an all-time high of USD 3.84. In the past hour, the price has seen a positive change of +0.06%, while over the past 24 hours and 7 days, the change has been +2.05% and -5.37%, respectively.
Cronos (CRO) currently has a market price of $0.097978, with a market capitalization of $2,586,263,052. Over the past 24 hours, trading volume has reached $18,055,053.
The fully diluted valuation stands at $2,940,926,844, while the total locked-in value (TVL) is $2,462,902. The ratio of fully diluted valuation to TVL is 1195.09. The circulating offer amounts to 26,382,122,258 CROs. At present, the total amount of the offer is yet to be specified.
BEAM currently has a market price of US$0.0550, with a market capitalization of US$8.1 million. The trading volume in the past 24 hours was USD 1.4 million, while the circulating supply stands at 148.2 million BEAM. The all-time high for this cryptocurrency is USD 3.18.
In the past hour, the price has experienced a significant negative change of -7.03%, while over the past 24 hours and 7 days, the change was +41.18% and +89.78%, respectively.
XRP: 84 million transactions on the ledger
The XRP ledger, known as the basis for the XRP cryptocurrency, recently reached an important milestone with the completion of its 84 millionth transaction on the ledger. This was achieved within a time frame of six weeks after the 83 millionth ledger closed, with a monthly velocity of about 1 million new ledgers.
Ranked as the third largest blockchain by market capitalization, after the untamed presences of Bitcoin and Ethereum, the XRP Ledger underscores its importance in the cryptocurrency realm.
The current ledger count, which has surpassed 84 million, is confirmed by data provided by the XRPScan analytics platform.
The remarkable acceleration of ledger transactions is indicative of the dynamic growth and widespread adoption that is occurring within the XRP ledger.
This momentum is emblematic of the rapid pace of adoption and innovation inherent in this blockchain.
In conjunction with this milestone, the XRP Ledger is poised for further growth through upcoming developments. Two new XLS standards, namely “XLS-49d: Multiple Signer Lists” and “0051 XLS-51d: NFToken Escrows,” have been proposed to increase the functionality of NFT signer lists and escrows.
These proposals indicate a commitment to improving the usefulness and versatility of the ledger.
In addition, more than 80% of validators have approved two upcoming amendments, “fixNFTokenRemint” and “fixReducedOffersV1,” which are currently in a two-week countdown period before integration into the mainnet.
These amendments represent critical technical improvements designed to refine the landscape of the NFT Ledger and decentralized exchanges.
The operational efficiency of Ledger XRP is underscored by its rapid transaction processing, averaging 3-5 seconds per transaction and scaling up to the formidable 1,500 transactions per second.
This exceptional speed, coupled with minimal transaction costs, encourages the adoption of Ledger in various applications such as micropayments, asset tokenization, and decentralized finance.
Ledger XRP is a testament to the evolving landscape of blockchain technology, which is characterized by continuous innovation and progressive development.