CME Group Places a Large Bet on XRP Because of the Increasing Institutional Demand...
They added, "When we also looked at XRP, it's a similar story [to Solana] where it has a really strong use case, just a little bit different in terms of their transactions on the XRP Ledger." "XRP itself is a top-three coin in market cap and it's very actively traded in the spot market," he said.
They execute 1,500 transactions per second with negligible fees, and they settle in 3 to 5 seconds. Thus, it's a highly practical and tactile protocol.