$XRP

XRP, the native token of the XRP Ledger, is a digital asset designed for fast, low-cost cross-border payments. Unlike many cryptocurrencies, XRP doesn’t rely on traditional mining. Instead, it uses a unique consensus algorithm that allows transactions to settle in seconds, with minimal fees. Ripple, the company closely associated with XRP, partners with banks and financial institutions to streamline global money transfers. Despite regulatory challenges—most notably the SEC lawsuit—XRP remains one of the top-traded cryptocurrencies. Supporters believe it has real utility in the global financial system, while critics question its decentralization. As the crypto landscape evolves, XRP continues to be a major player in the push toward faster and more efficient financial infrastructure.