$XRP XRP is a cryptocurrency that powers the XRP Ledger, a decentralized platform for fast and low-cost transactions. Here's what you need to know about XRP ¹ ²:
- *Current Price*: $2.42
- *Market Cap*: $136.78 billion
- *Percent Change*: 2.64%
The XRP Ledger operates on a consensus protocol, validating transactions every 3 to 5 seconds, making it a reliable choice for businesses and developers. Some key benefits of the XRP Ledger include ³:
- *Public and Decentralized*: Open-source and community-maintained
- *Streamlined Development*: Intentional innovations and tools reduce time to market
- *High Performance*: Thousands of transactions settled in seconds
- *Low Cost*: Fractions of a penny per transaction
XRP has also been in the news recently, with President Donald Trump announcing plans to include it in a planned U.S. crypto strategic reserve in March 2025. Additionally, a U.S. District Court ruled in July 2023 that XRP itself is not a security, although the manner in which it's sold could constitute the sale of a security ¹.