$XRP XRP is a digital asset and cryptocurrency created by Ripple Labs Inc., a technology company specializing in payment protocols. Here’s a detailed overview of XRP

:** XRP Ledger (XRPL), an open-source decentralized blockchain

- **Total Supply:** 100 billion XRP (pre-mined, no further mining possible)

- **Circulating Supply:** ~55 billion XRP (as of 2024)

- **Consensus Mechanism:** Uses the **Ripple Protocol Consensus Algorithm (RPCA)** (not Proof-of-Work or Proof-of-Stake)