$XRP XRP is a digital currency developed by Ripple Labs, focusing on fast and low-cost cross-border payments. Its total supply is 100 billion coins, using a unique Ripple Protocol Consensus Algorithm (RPCA) that confirms transactions in just 3-5 seconds, with extremely low fees. XRP is classified as a payment cryptocurrency and a store of value, with some institutions like Grayscale ranking it alongside Bitcoin, recognizing its global payment utility and anti-censorship features. Although Ripple holds a significant amount of XRP (approximately 55 billion coins), its technology is widely adopted by banks, enabling real-time settlement through RippleNet. The current price of XRP is influenced by regulatory developments (such as the SEC lawsuit) and institutional adoption, and a favorable ruling could drive the price up.