$XRP XRP is the native cryptocurrency of **XRP Ledger**, a blockchain designed to facilitate fast and efficient payments. Unlike Bitcoin and Ethereum, XRP does not use mining or staking, but rather a **federated consensus** mechanism, allowing it to process transactions in **3-5 seconds** at minimal costs.

Ripple, the company behind XRP, has worked on integrating its technology with financial institutions, promoting its use in cross-border payments. By 2025, XRP has shown **strength in the market**, outperforming Bitcoin and Ethereum in performance during the first quarter. It has also gained traction in financial products such as **ETFs and futures**, indicating growing institutional interest.

However, XRP continues to face regulatory challenges, especially in the U.S., where its classification as a security has been a subject of debate. Despite this, its adoption continues to expand, with new partnerships and developments in the **XRP Ledger** ecosystem.