$XRP is the native cryptocurrency of the XRP Ledger, designed for fast, low-cost cross-border payments. Unlike Bitcoin and Ethereum, XRP doesn’t rely on traditional mining; instead, it uses a consensus protocol that enables quick transaction settlements in seconds with minimal fees. Ripple Labs, the company behind XRP, partners with banks and financial institutions to improve global payment infrastructure. XRP has faced regulatory challenges, notably the SEC lawsuit, which brought uncertainty but also increased attention. Despite volatility, XRP remains one of the top cryptocurrencies by market cap. Its utility in real-time settlement and liquidity solutions continues to attract investors looking for practical use cases in the evolving financial ecosystem.