$XRP XRP is a cryptocurrency created by Ripple Labs to make cross-border payments faster and cheaper.
Unlike Bitcoin, it doesn’t need mining – it uses a consensus protocol, so it's way more energy-efficient.
Transactions are super fast – usually done in 3-5 seconds.
XRP is often used by banks and payment providers to move money across countries.
It’s got a fixed supply of 100 billion coins, so there’s no mining inflation.
Ripple (the company) holds a lot of XRP, which sometimes raises concerns about centralization.
It’s been involved in a legal battle with the SEC over whether XRP is a security – that affected its price and public perception.
Still, it’s managed to stay in the top cryptos by market cap.
Many investors like it for its real-world use case.
Overall, XRP is more about utility than hype.