$XRP is a digital cryptocurrency created by Ripple Labs to enable fast and low-cost cross-border payments.
It is designed mainly for banks and financial institutions to improve global money transfers.
XRP transactions settle within seconds, making it much faster than traditional systems.
The XRP Ledger is energy-efficient and does not rely on mining.
XRP aims to bridge different currencies and strengthen the global payment network.
XRP is trading around ~$1.85–$1.88, holding near recent lows after extended selling pressure this month.
Technical sentiment remains bearish to neutral, with price below key moving averages and in a consolidation range.
XRP
1.9646
+3.37%