$XRP Technical analysis: $XRP and its role in the financial system
📌 XRP is the native token of the Ripple network, designed to facilitate fast and cost-effective cross-border payments.
📊 Key features:
Settlement time: ~3-5 seconds
Throughput: ~1,500 transactions per second
Average cost per transaction: < $0.01
Consensus: Unique Node List (UNL), does not rely on mining
Maximum supply: 100 billion XRP (pre-mined)
🏦 Used by financial institutions for on-demand liquidity (ODL), XRP seeks to replace the SWIFT model with more efficient and scalable solutions.
📈 Is XRP the ultimate bridge between fiat and crypto currencies?