Bitcoin
Bitcoin
BTC
$104,050.00
1d: +0.31%
7d: +7.30%
$104,050.00
+0.31%
Ethereum
Ethereum
ETH
$2,612.97
1d: +2.92%
7d: +42.79%
$2,612.97
+2.92%
Polkadot
Polkadot
DOT
$5.07
1d: +0.66%
7d: +28.11%
$5.07
+0.66%
Solana
Solana
SOL
$179.84
1d: +2.89%
7d: +22.24%
$179.84
+2.89%
XRP
XRP
XRP
$2.59
1d: +1.95%
7d: +21.42%
$2.59
+1.95%
Shiba Inu
Shiba Inu
SHIB
$0.00001593
1d: +1.27%
7d: +24.34%
$0.00001593
+1.27%

XRP

Share this article:
x fb linkedin tg
Table of contents
    1. 0.2. How XRP Works
    2. 0.4. Why XRP Matters

XRP is the native cryptocurrency of the XRP Ledger, a fast, scalable blockchain designed primarily for cross-border payments and financial institutions.

How XRP Works

Created by Ripple Labs, XRP serves as a bridge currency for transferring value between different fiat currencies quickly and at low cost. Unlike Bitcoin, XRP doesn’t rely on mining, instead, it uses a consensus protocol among trusted validators to confirm transactions in seconds. This efficiency has made it popular for remittances and institutional transfers.

Why XRP Matters

XRP stands out for its speed, low fees, and utility in global finance. Ripple’s partnerships with banks and payment providers have positioned it as a potential solution for outdated international payment systems. Despite regulatory scrutiny, especially from the U.S. SEC, XRP remains one of the most recognized cryptocurrencies in the world.