As the core cryptocurrency of the Ripple network, $XRP has become the focus of the cryptocurrency world due to its high-speed and low-cost cross-border payment features. Since its inception in 2012, XRP has gradually established a foothold in the global payments sector through deep cooperation with financial institutions. However, its legal disputes with the U.S. Securities and Exchange Commission (SEC) once caused market turmoil; although it ultimately won some victories, controversy remains. Today, the XRP community is actively promoting ecosystem development and exploring more application scenarios in an attempt to regain a leading position in the cryptocurrency market. Its future performance continues to attract attention.