XRP: Pros & Cons Since Launch

Launched in 2012 by Ripple Labs, XRP aims to revolutionize cross-border payments. It's known for fast transactions (3-5 secs), low fees, and strong ties with banks. Unlike Bitcoin, XRP doesn't require mining, making it energy-efficient.

Pros:

Super fast & cheap transactions

Scalable and eco-friendly

Adopted by banks via RippleNet

Cons:

Ripple holds a large share—centralization concerns

Legal battles with the SEC have hurt adoption

Limited use beyond payments

Price remains volatile

XRP has potential, but regulatory clarity and broader use are key to its future.