AION Explained

What Is XRP?

XRP is the native asset of the XRP Ledger, a public ledger designed for fast settlement. It is not mined through proof of work.

How the XRP Ledger reaches agreement

Validators exchange proposals and converge on a set of valid transactions. This model differs from both Bitcoin mining and Ethereum proof of stake.

Short settlement intervals
Native transaction fees paid in XRP
Built-in support for issued assets and exchange

How XRP may be used

XRP can be transferred directly, used for ledger fees and reserves, or serve as a bridge asset where adequate liquidity exists. A possible use is not evidence of guaranteed adoption.

Principal risks

XRP remains volatile and exposed to regulatory, liquidity, custody and ecosystem risks. Users should distinguish the public ledger, the XRP asset and companies that build services around them.

Educational content only. This page does not recommend buying, selling or holding any asset. Verify current product, tax and regulatory details for your jurisdiction.