In 2021, the XRP Ledger (XRPL), a decentralised, open-source technology, was introduced. The XRP Ledger has benefits such as low transaction costs ($0.0002 on average), short settlement times (3-5 seconds), scalability (1,500 transactions per second), and innately green properties (carbon-neutral and energy-efficient). The XRP Ledger technology also includes the first decentralised exchange (DEX) and unique tokenization functions. Since its inception in 2012, the XRP Ledger has successfully closed 70 million ledgers.
XRP Price Prediction
| DATE | XRP | USD |
|---|---|---|
| Today | 01 |
$0.3897
|
The XRP Ledger supports numerous payment-related applications and use cases, including micropayments, DeFi, and, shortly, NFTs. The XRPL was developed in 2012 and provides high utility and flexibility to Python, Java, and JavaScript developers. On the XRP website, developers may access a number of tutorials to get started with various coding languages, designing apps, managing accounts, and more.
Today’s Ripple Price
The XRP Ledger and its native coin, XRP, are used by developers to create remittance and asset tokenization solutions that remove inefficiencies. Payments, tokenization, DeFi, CBDCs, and stablecoins are now the primary applications for the XRP Ledger.
