In 2012, global cross-border payments were still trapped in the shackles of SWIFT—remittances had to navigate a maze of multiple intermediary banks, taking 3-5 days, with fees consuming 1%-7% of the transaction value. Countless workers' hard-earned money quietly shrank while waiting, and small businesses missed out on cross-border opportunities due to high costs. At this moment, XRP was born on the XRP Ledger, carrying the mission of 'breaking payment boundaries' and becoming a digital bridge connecting different currencies.
It did not choose the Bitcoin-style mining path but instead used the revolutionary RPCA consensus algorithm, compressing transaction confirmation to 3-5 seconds with the joint verification of over 80% trusted nodes, with energy consumption of only 0.0079 kWh, equivalent to one thousandth of Bitcoin's. More disruptively, it transformed into a 'liquidity hub', allowing direct instant exchanges from yen to pesos and USD to euros without relying on cumbersome foreign exchange intermediaries, completing transactions through XRP with fees as low as a fraction of a cent, making small cross-border payments commercially viable for the first time.
Initially, skepticism was palpable—its "weakly centralized" design was criticized for deviating from the spirit of cryptography, and financial institutions remained hesitant about this new technology. However, XRP responded with concrete actions: HSBC used it to reduce cross-border transaction times from 3 days to 3 seconds, lowering costs by 70%; Santander Bank and American Express integrated with RippleNet, and over 6.7 million wallets worldwide became its users. It doesn't pursue the empty title of "digital gold," but focuses solely on becoming the underlying conduit for global payments, saving banks nearly $10 billion in liquidity costs annually.
In 2024, a US court ruled that XRP was not a security, officially opening the door to compliance. That same year, the REX-Osprey XRP ETF was launched, attracting a surge of institutional funds, including pension funds. In 2025, it became a core infrastructure component of the European Central Bank's digital euro project, supporting 500 financial institutions to process 1,500 transactions per second—a thousand times faster than SWIFT. From Walmart's global supplier settlements to cross-border remittances for Filipino workers, XRP has processed over 3.8 billion transactions, transferring over $1.5 trillion in value, making the dream of "instantaneous, near-zero-cost" payments a reality.
Today, with the compliant implementation of the RLUSD stablecoin, XRP has built a dual-track system of "bridging currency + stablecoin," continuously expanding in the fields of digital central bank currency and cross-border trade finance. It has navigated controversy, yet its technological prowess has proven that the ultimate value of crypto assets is never about speculation, but about solving real-world pain points. This digital bridge, transcending borders and connecting trust, continues to write an epic chapter in reshaping the global payment landscape, allowing every transaction to flow freely, free from the constraints of time and space.
XRP Token Core Research:
Focusing on both compliance and application, RippleNet currently has a market capitalization of approximately $137.89 billion and a circulating supply of 60.11 billion tokens. In Q3 2025, its cross-border payment transaction volume increased by 40% year-on-year, processing an average of 2.14 million transactions daily with fees as low as $0.0001 and transaction confirmation times of less than 5 seconds. Its compliance progress is significant; following the SEC's withdrawal of securities-related charges, RippleNet has connected with over 100 financial institutions globally, its XRPL network RWA assets have exceeded $5 billion, and the circulating supply of its RLUSD stablecoin has reached $1.2 billion, earning dual regulatory backing.
From a technical and market perspective, XRP's annual inflation rate has dropped to 1.2%, triggering a deflationary mechanism. Whale addresses have increased their holdings by 340 million tokens within 30 days, and exchange circulation has plummeted to its lowest point of the year. Futures open interest is approaching $8 billion, and the probability of a spot ETF being approved by 2025 is 93%, which, if implemented, could attract over $15 billion in institutional funds. The current price is fluctuating between $2.29 and $3.
Bullish rationale: Compliance benefits continue to be released, ETF approval will open up access for institutional funds, coupled with RWA tokenization and stablecoin network expansion, the penetration rate of cross-border payment scenarios has exceeded 35%. Technically, the key support level of $2 will likely be cleared by consolidation and trigger profit-taking by short sellers. Combined with deflationary attributes and deepening cooperation with financial institutions, this could drive the price towards the $5 target.
Liquidity will become increasingly abundant, with a large number of institutions increasing and locking in their positions, and the price is expected to break through $3 by the end of January next year.
