XRPAuthority
Digital Asset / Canonical Entity

XRP

XRP is the native digital asset of the XRP Ledger. It has no issuer account, cannot be newly minted, and XRP charged as an XRPL transaction cost is destroyed.

Knowledge status
Verified
Graph confidence
High
Aliases
XRP token · Ripple XRP
Sources
6
Primary sources
6
Documents
15
Verified facts
2
Last verified
2026-08-24T12:00:00.000Z
Facts & Evidence

Asset Identity, Issuance, and Supply

Structured facts remain separate from observations, claims, and inference. Each verified row links to its supporting evidence.

Original Supplyfact
100,000,000,000 XRP1
VerifiedHigh confidence
Transaction Cost Treatmentfact
XRP used for transaction costs is irrevocably destroyed1
VerifiedHigh confidence
Relationship explorer

Issuer, Network, and Market Relationships

Only explicit graph edges appear here. Co-mention alone never creates ownership, partnership, affiliation, or adoption.

Entity timeline

Launch, Market, and Regulatory Timeline

Dates reflect reviewed events and link to the underlying event evidence.

  1. COVID Black Thursday liquidation cascade

    The global COVID shock coincided with a rapid crypto selloff and leveraged liquidation cascade across March 12 and 13.

    Liquidation cascade · Verified1
  2. SEC files civil action against Ripple and two executives

    The SEC filed its civil enforcement action in federal court. This marks the beginning of the litigation period; market comparisons do not establish causation.

    SEC v. Ripple · Verified1
  3. Coinbase and other exchanges suspend XRP trading

    Following the SEC action against Ripple, Coinbase and other venues announced or implemented suspensions of XRP trading, reducing market access.

    Market-access loss · Verified1
  4. District court issues summary judgment order

    The district court issued a summary judgment decision addressing several categories of XRP sales. The event record describes litigation timing, not market causation.

    Court ruling · Verified1
  5. SEC and Ripple dismiss their appeals

    The parties dismissed the SEC appeal and Ripple cross-appeal, resolving the civil enforcement action while leaving the district court final judgment in effect.

    SEC v. Ripple · Verified1
Documents & Sources

Evidence records connected to XRP

Original artifacts remain distinct from publishers, sources, extracted evidence, and generated summaries.

Related XRPAuthority research

Analysis that depends on this entity

These links are resolved from canonical names and aliases during the compatibility phase; normalized content dependencies become authoritative after review.