$XRP , created by #Ripple Labs in 2012, is designed to facilitate fast, low-cost cross-border payments, primarily targeting financial institutions. 1 Unlike more decentralized cryptocurrencies, XRP operates with a more centralized structure, focusing on efficient and scalable transactions for global money transfers through #RippleNet . Recent positive legal developments, with the SEC dropping its appeal in their lawsuit against Ripple, have boosted market sentiment. While its primary use case remains cross-border payments, the XRP Ledger also supports other functionalities like tokenization and decentralized exchange features. Its regulatory clarity, particularly in the US, is improving, potentially paving the way for wider institutional adoption and new financial products like XRP ETFs.