$XRP XRP is the native digital asset of the XRP Ledger, developed by Ripple Labs to facilitate fast and low-cost cross-border payments. Unlike Bitcoin, XRP does not rely on mining but uses a consensus algorithm for transaction validation, making it energy-efficient and highly scalable. Ripple partners with financial institutions worldwide to streamline international money transfers, positioning XRP as a bridge currency in global finance. Despite regulatory challenges, including a high-profile lawsuit with the SEC, XRP remains one of the top cryptocurrencies by market capitalization. Its utility, speed, and growing adoption give it strong potential in the evolving digital payments landscape.