$XRP XRP is the native cryptocurrency of the Ripple network, designed to facilitate fast and low-cost international payments. Unlike Bitcoin or Ethereum, XRP does not rely on mining, which reduces energy consumption and speeds up transactions. It is widely used by financial institutions for almost instant settlements. Despite its potential, XRP has faced legal challenges, especially in the United States, with a lawsuit against the SEC that affected its market value. Nevertheless, many believe that XRP could play an important role in the future of global digital payments.