Ripple’s native token XRP, at press time, was the sixth-largest cryptocurrency in the world. It was created in 2012 to enhance global financial transfers and the exchange of various currencies.
XRP operates on the decentralized, open-source XRP ledger, and transactions are facilitated by the Ripple transaction protocol.
With a pre-mined token supply of 100 billion, XRP is unique compared to other cryptocurrencies. In 2017 and early 2018, XRP reached an all-time high of $3.40, marking a 51,709% increase from its original price at the beginning of that year.
Although it has since declined, XRP remains a significant player in the cryptocurrency market and is consistently ranked among the top ten coins in terms of market capitalization.Read more on ambcrypto.com