$XRP

Based on the bottom price of $0.287 in June 2022, XRP surged to a high of $3.4, with a maximum increase of approximately 1085% during this period; amidst generally poor performance from other competing coins, XRP's strong performance helped it return to the Top 3 in the cryptocurrency market capitalization rankings. Based on fully diluted valuation (FDV), XRP even temporarily surpassed ETH multiple times, becoming the second-largest cryptocurrency after BTC.

Although XRP's secondary performance is remarkable, for XRP believers, the ecosystem has long faced a significant dilemma—due to the blockchain characteristics of the XRP Ledger, the earning opportunities for holding XRP are limited, and users cannot gain other earnings beyond price appreciation through long-term holding of XRP.

In short, because the XRP Ledger uses a Federated Byzantine Agreement (FBA) consensus mechanism, it does not support native staking like PoS networks such as Ethereum and Solana, so XRP holders cannot earn returns through native staking or liquidity like ETH and SOL holders; moreover, since the XRP Ledger system itself does not support smart contracts, the progress of the DeFi ecosystem surrounding XRP is relatively slow, making it difficult for XRP holders to release greater value through various DeFi tools.