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Key TakeawaysXRP is the native digital asset of the XRP Ledger (XRPL), designed to support fast, low-cost international payments and liquidity bridging between currencies.Over the past decade, XRP’s price has experienced multiple market cycles, reaching a historical peak of ~$3.84 in January 2018, influenced by institutional adoption narratives and regulatory developments.The question of whether XRP can reach $100 depends on factors such as global payment system adoption, regulatory outcomes, in
XRP's market indicators reflect a robust bullish momentum driven by increasing futures open interest, optimistic funding rates, and declining exchange reserves, signaling growing institutional confidence and potential price appreciation. The surge in XRP futures open interest to $2.2 billion underscores expanding participation by institutional investors, facilitated by regulated futures products on platforms like MEXC, which offer a transparent and secure trading environment. Despite recent pric
What Exactly is XRP and Why Should You Care?XRP is a blockchain-based cryptocurrency that powers the decentralized XRP Ledger platform, focused on enabling fast, low-cost, and reliable cross-border payments. Launched in June 2012, the XRP token was developed to address the inefficiencies and high costs associated with traditional international money transfers in the financial sector. With its unique consensus protocol and distributed ledger technology, Ripple's XRP enables users to transfer valu