$XRP is a cryptocurrency created by Ripple Labs for fast and inexpensive cross-border money transfers. Unlike Bitcoin, XRP is not mined: all 100 billion coins were issued at once, some of which are reserved by Ripple for strategic purposes.

In 2025, $XRP remains one of the most discussed coins in the market. After Ripple's partial victory in the lawsuit against the SEC, interest in the token has grown. Currently, XRP is actively used by banks and financial institutions to facilitate fast international payments, especially in countries in Asia and Latin America.

The price of XRP fluctuates depending on the overall state of the crypto market, as well as news about partnerships and regulations. Investors consider XRP a promising asset due to its real-world application and high transaction speed (only 3–5 seconds).