#BinanceAlphaAlert
XRP, the native cryptocurrency of the XRP Ledger, was launched in 2012 by Ripple Labs to facilitate fast, low-cost global payments. Unlike Bitcoin, XRP uses a consensus protocol, enabling transactions to settle in 3-5 seconds with minimal fees. Designed for financial institutions, it supports cross-border transfers and liquidity via RippleNet. Despite regulatory challenges, including a settled SEC lawsuit, XRP's utility in tokenization and DeFi grows, with projects like Dubai’s real estate platform. As of May 2025, XRP trades at $2.09, with a $123 billion market cap, ranking fourth among cryptocurrencies.
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