XRP/ETH: what to know
The XRP/ETH rate shows how much ETH you get for 1 XRP. Right now, 1 XRP buys 0.000541914 ETH at the mid-market rate. In the other direction, 1 ETH is worth 1,845.31 XRP.
In the short term XRP is driven mainly by crypto-market sentiment and regulation, while ETH responds to network activity and crypto-market sentiment.
XRP is designed for fast, low-cost payments and cross-border settlement. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the XRP/ETH rate has ranged between 0.000490895 and 0.000753099 — a change of -19.15% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.