XRP: Fully Diluted Valuation
Included with Plus.
What all XRP would be worth at today's price if every coin that can ever exist were circulating: price x maximum supply.
Why use it. Market cap counts only what circulates now. Fully diluted valuation adds what is still to come from mining, unlocks, emissions or releases, so a wide gap means future supply that the price has to absorb. How to read it. The gap above Market Cap is the value of the supply not circulating yet. The line moves with the price and changes shape only when the supply it counts changes.
Calculation. Price x maximum supply. The maximum supply is 100.00 billion XRP: all 100 billion XRP were created in the first ledger; no more can be created, and fees burn a little. Published supply, not node-verified: XRP Ledger public servers (s1/s2.ripple.com) and the escrow wallets in Ripple's xrp-ledger.toml (https://ripple.com/.well-known/xrp-ledger.toml), the XRP in existence on the latest validated ledger less the XRP held in escrow by the escrow wallets Ripple lists in its xrp-ledger.toml. Read by CryptoKeyhole every hour since 8 November 2026; no earlier values are reconstructed. Hourly values use the hour's closing price; daily values the day's close, and the open day is a partial that updates every hour. Periods are UTC.