XRP: Market Status and Prospects | Binance
🔹 XRP (Ripple) — one of the oldest and most well-known altcoins, which continues to maintain its relevance in the cryptocurrency market. Its main goal is to provide fast, low-cost cross-border transfers, making it attractive for banks and financial institutions.
Why is XRP important?
• RippleNet solutions allow for real-time payment processing, which is a significant advantage over traditional SWIFT systems.
• XRP does not require mining — all coins are already created, reducing energy consumption.
• Ripple actively collaborates with banks and government entities around the world.