$XRP **XRP** is the native cryptocurrency of the **XRP Ledger (XRPL)**, designed for fast and cost-efficient transactions. Developed by Ripple Labs, XRP facilitates cross-border payments, offering settlement times of **3-5 seconds** and low fees. Unlike Bitcoin, XRPL uses a **Federated Consensus** mechanism, making it energy-efficient. XRP is widely used in remittances, decentralized finance (DeFi), and tokenization. Recently, XRP ETFs and legal clarity have boosted institutional interest. With growing adoption, XRP remains a key player in blockchain-based financial solutions. Its price fluctuates based on market trends, regulatory developments, and broader crypto sentiment, making it a dynamic asset in the industry.