Earn $25 CASH per qualified ChartSnap Founder referral · Unlimited referrals · No purchase required — Join the Affiliate Program →

What Is XRP?

Published June 2025 · Last reviewed August 2026

XRP is a cryptocurrency created by Ripple Labs, designed primarily for fast and low-cost international payments. Unlike Bitcoin, which was created as a decentralized digital currency, XRP was designed to serve as a bridge currency for cross-border transactions.

How XRP Works

XRP transactions settle in approximately 3-5 seconds with minimal fees. The XRP Ledger uses a consensus protocol that does not rely on mining, making it more energy-efficient than Proof of Work blockchains.

Use Cases

Cross-Border Payments: XRP can facilitate international money transfers faster and cheaper than traditional systems.
Liquidity Provision: Financial institutions can use XRP as a bridge currency to facilitate transfers between different fiat currencies.
Micropayments: Low transaction costs make XRP suitable for small-value transfers.

Supply

XRP has a maximum supply of 100 billion tokens, all of which were pre-created. A significant portion is held in escrow by Ripple Labs and released periodically.

Mike Starr

Founder, CryptoWizardTools · M.S. Organizational Management

Last reviewed: August 2026

Related Calculators

Altcoin Upside

Estimate potential gains for altcoin investments.

Crypto Future Value

Estimate future value at target prices.

Market Cap to Price

Convert market cap targets to per-coin prices.

More Articles

What Is Bitcoin?

An introduction to Bitcoin, the first and largest cryptocurrency by market capitalization.

What Is Ethereum?

Learn about Ethereum, the leading smart contract platform and second-largest cryptocurrency.

What Is Solana?

Discover Solana, a high-performance blockchain known for speed and low transaction costs.

What Is Dogecoin?

The story of Dogecoin, from internet meme to one of the largest cryptocurrencies.

Explore More Free Tools

Part of the Wizard Tools network — free calculators and utilities across finance, home, writing, and more.

The Next Step

See What ChartSnap Sees

Take a picture of your chart, choose a screenshot, or upload any stock, crypto, forex, commodity, or other technical price chart. ChartSnap returns an educational AI second opinion on trend, support and resistance, recognizable patterns, confidence, risk, and trader terminology in seconds — the natural next step after learning the concepts here.

Try ChartSnap AI Analyze My Chart Free

ChartSnap AI

BTC/USD · 4H

Confidence

87%

BULLISH

Support

$63,200

Resistance

$68,500

HH + HLBull FlagRisk: Med

Like ChartSnap? Get paid to share it.

Earn $25 CASH Per Founder

Refer traders to ChartSnap. When your referral becomes a qualified Founder Lifetime customer, you earn $25 cash.

$25 CASH commission
No ChartSnap purchase required
Unlimited referrals
Your own unique referral link
Track clicks and commissions
30-day qualification period

Join the Affiliate Program

Qualified Founder Lifetime purchases become commission-eligible after 30 days. Refunds, disputes, chargebacks, fraudulent transactions, and otherwise ineligible transactions do not qualify. See Affiliate Program Terms.

Investment, retirement, FIRE, passive income, and wealth-building calculators.

Mortgage Wizard

Mortgage, refinance, affordability, PMI, amortization, and homeownership tools.

Writing, editing, SEO, readability, and content tools.

Date calculations, business days, age calculators, schedules, and timelines.

Conversion Wizard

Unit, temperature, currency, measurement, data, and engineering conversions.

Stacked Tomorrow

Financial planning, investing, retirement, and wealth-building simulators.

Educational resource for learning to read charts — candlesticks, patterns, indicators, and technical analysis for any market.

We use cookies

We use Google Analytics and Google AdSense cookies to understand site usage and serve relevant ads. You can accept or decline non-essential cookies. See our Privacy Policy for details.