$XRP #XRP

$XRP is the native cryptocurrency of Ripple Labs, created to facilitate fast, cheap, and scalable international payments.

Unlike Bitcoin and Ethereum, which use public blockchain with mining, XRP operates on a decentralized ledger with consensus by validators — making transactions almost instantaneous (3-5 seconds) and with very low fees.

Its main focus is the banking sector: RippleNet allows financial institutions to move large sums in real-time, surpassing traditional systems like SWIFT.

Despite facing regulatory challenges with the SEC in the US, XRP remains among the most relevant crypto assets, with strong global adoption and an ecosystem geared towards on-demand liquidity (ODL).