$XRP XRP is a cryptocurrency launched by Ripple, aimed at optimizing cross-border payments and asset liquidity. Its core technology, XRP Ledger, achieves rapid settlement in 3-5 seconds through a consensus mechanism, with a single transaction cost of less than $0.01, significantly better than the traditional SWIFT system. In recent years, XRP has been embroiled in a prolonged lawsuit due to accusations by the U.S. SEC of securities violations, causing severe price fluctuations. After some court rulings in 2023 declared that XRP is not a security, there was a short-term rebound. Although it has received regulatory recognition in places like Japan and Singapore, traditional financial institutions are cautious in adopting XRP. Its future development will depend on the clarity of the global regulatory framework and Ripple's actual application expansion in the payment ecosystem.