$XRP as a cryptocurrency launched by Ripple Labs, its main goal is to enhance the efficiency and speed of cross-border payments. Unlike Bitcoin or Ethereum, XRP uses the RippleNet protocol, which allows for settlement in seconds and low transaction fees, making it attractive to banks and financial institutions.

However, XRP has long been impacted by the lawsuit from the U.S. Securities and Exchange Commission (SEC), causing market confidence to waver at times. Recently, with some legal progress becoming clearer, its price and market activity have rebounded. Overall, XRP has technological potential, but the uncertainty of legal and regulatory issues remains a key risk for investors.