$XRP

$XRP is the native cryptocurrency of the XRP Ledger, an open-source, decentralized blockchain developed by Ripple Labs.

Designed primarily for fast and cost-efficient cross-border payments, XRP stands out with its ability to settle transactions in just 3–5 seconds, making it one of the fastest digital assets in the crypto space. Unlike many other cryptocurrencies, XRP doesn’t rely on energy-intensive mining; instead, it uses a consensus protocol, which contributes to its scalability and sustainability.

Ripple aims to replace the outdated SWIFT system by offering banks and financial institutions a more efficient solution for international money transfers.

Despite legal challenges, notably the ongoing case with the U.S. SEC, XRP remains one of the top-traded assets by market cap.

With its growing adoption in financial systems globally and partnerships with major institutions, XRP holds significant potential as a bridge currency for global liquidity and real-world utility in the evolving digital finance landscape.