Introduced in 2012, the XRP Ledger (XRPL) is a decentralized, permissionless technology that is open-source. The XRP Ledger stands out due to its low transaction cost (only $0.0002 per transaction), its speed (settling transactions in just 3 to 5 seconds), its scalability (handling 1,500 transactions per second), and its environmentally friendly nature (carbon-neutral and energy-efficient). Additionally, the XRP Ledger integrates the first decentralized exchange (DEX) and has capabilities for custom tokenization built into its protocol. Since its inception in 2012, the XRP Ledger has been consistently reliable, having successfully closed 70 million ledgers.
Who Are the Founders of the XRP Ledger?
The XRP Ledger was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, with the native digital currency XRP designed as a quicker, more eco-friendly alternative to the Bitcoin blockchain. In September of the same year, together with Chris Larsen, they established the company now known as Ripple.
What Makes XRPL Unique?
The XRP Ledger offers a diverse range of applications and use cases related to payments, such as micropayments, decentralized finance (DeFi), and soon, NFTs. Launched in 2012, the XRPL provides enterprises and developers using Python, Java, and JavaScript with robust utility and flexibility. The XRP website provides developers with an array of tutorials to help them get started with various programming languages, building applications, managing accounts, and more.
Developers utilize the XRP Ledger, alongside its native token, XRP, to create solutions that address inefficiencies, including remittance and asset tokenization. At present, the five principal applications of the XRP Ledger are payments, tokenization, DeFi, central bank digital currencies (CBDCs), and stablecoins.
How Many XRP Coins Are There in Circulation?
The creators of the XRP Ledger donated 80 billion XRP to Ripple, enabling the company to develop use cases—such as its global payment network, RippleNet—around this digital asset.
How Is the XRP Ledger Network Secured?
Unlike Bitcoin or Ethereum, the XRPL employs a distinctive Federated Consensus mechanism for validating transactions. On the XRPL, transactions are verified through a consensus protocol where independent servers, known as validators, reach an agreement on the order and result of XRP transactions. Every server in the network processes transactions by following the same rules, allowing any transaction adhering to the protocol to be confirmed immediately. All transactions are open and transparent, and anyone can run a validator. Currently, there are over 150 validators on the ledger, managed by universities, exchanges, businesses, and individuals worldwide.
The Federated Consensus mechanism ensures that all verified transactions are processed without a single point of failure, as no single party makes independent decisions.
Where Can You Buy XRP?
XRP is available on numerous centralized finance (CeFi) exchanges worldwide, including Binance, Huobi, and Bitstamp.
To discover more about this project, check out our comprehensive exploration of XRP.
Bitcoin rising channel could guide price to $100K
A rising channel pattern has emerged for the Bitcoin price, capable of guiding the king of the cryptocurrencies back to $100K. Can the bulls succeed in keeping the $BTC price within the channel, or are the bears already planning
Interactive Brokers Launches Ethereum Staking Through Zero Hash
Interactive Brokers has launched Ethereum staking for eligible LLC clients through Client Portal, using zerohash for validators and rewards operations.
cryptodaily.co.uk/2026/10/intera…
BNY and Citadel Securities Complete Tokenized Treasury Repo on Major Collateral Platform
$BNY and Citadel Securities completed an overnight triparty repo using a tokenized two-year U.S. Treasury settled within minutes.
cryptodaily.co.uk/2026/10/bny-ci…
South Korea Blocks 27 Unregistered Crypto Exchange Websites Including KuCoin and MEXC
South Korea’s FIU blocked or terminated domestic access to 27 unregistered crypto service websites, including platforms reported as KuCoin and MEXC.
cryptodaily.co.uk/2026/10/south-…
Binance Will Shut Down Its Mining Pool and Cloud Mining Services in November
Binance will discontinue its mining pool, cloud mining and related services on November 10, with miners required to redirect hashrate.
cryptodaily.co.uk/2026/10/binanc…
BREAKING: A new type of crypto token has been introduced by the developer of robinhood:0xe934e36a439c94017b64a3fece66af12099abf50, allowing users to combine two assets into a single token.
Called Pair Tokens, the new ERC-20 tokens can combine assets like NVIDIA ( $NVDA) and https://t.co/Csn5k8jfbi
Solana Climbs Back Above $120 as Record ETF Flows Keep $125 in Sight
Solana traded at $120.96 as U.S. spot ETF inflows hit a $188 million weekly record. Technicals show $122.57-$125 as the key test.
cryptodaily.co.uk/2026/10/solana…
Cardano Loses Momentum at $0.244 Despite Japan Expansion — What $ADA Needs for $0.26
Cardano trades near $0.244 after its Japan expansion failed to sustain gains. ADA must clear $0.2564 resistance to strengthen the $0.26 case.
cryptodaily.co.uk/2026/10/cardan…
SUI Basecamp Week Starts at $1.18: Traders Watch for a Retest of $1.30
$SUI trades near $1.18 as Basecamp opens in Singapore. Daily momentum is bullish, but $1.19–$1.24 resistance stands before a $1.30 retest.
cryptodaily.co.uk/2026/10/sui-pr…
DOGE Near $0.093 With Bitwise ETF Exit Looming — The $0.10 Test Gets Harder
$DOGE traded near $0.0933 as Bitwise’s BWOW ETF closure approached. Support at $0.0932 faces resistance at $0.0937, $0.0986 and $0.10.
cryptodaily.co.uk/2026/10/doge-p…
HBAR Holds the $0.10 Line After IBM Volatility — $0.13 Is Back on the Map
$HBAR trades near $0.1015 after an IBM Cloud-linked rally and reversal. Daily signals and key levels frame the $0.13 scenario for October.
cryptodaily.co.uk/2026/10/hbar-p…
Stellar Slides to $0.216 as Exchange Deposits Jump 160% — XLM Rebound or More Pain?
$XLM traded at $0.2158 as reported exchange deposits jumped 160%. Key support at $0.2140 and resistance at $0.2176 frame Stellar’s outlook.
cryptodaily.co.uk/2026/10/xlm-pr…
XRP Price Setup Ahead of Evernorth's Nasdaq Debut: $1.54 Becomes the Trigger
$XRP traded at $1.50 as Evernorth prepared for its XRPN Nasdaq debut. Daily indicators put $1.55 at the key continuation threshold.
cryptodaily.co.uk/2026/10/xrp-pr…
OpenWorld Begins Nasdaq Trading as OPNW After Completing VerifyMe Business Combination
OpenWorld began Nasdaq trading as OPNW on October 1, 2026, after VerifyMe completed its business combination with the company.
cryptodaily.co.uk/2026/10/openwo…
Binance Adds Seven Tokenized Stocks as Margin Collateral for Eligible VIP Users
Binance will add seven bStocks tokenized securities as Cross Margin and Portfolio Margin collateral at 12:00 UTC on September 30, 2026.
cryptodaily.co.uk/2026/10/binanc…
Bitwise Launches First US Spot NEAR ETF With Staking Rewards Under Ticker NRR
Bitwise launched $NRR on NYSE Arca on September 29, giving US investors spot NEAR exposure and a plan to add staking rewards to NAV.
cryptodaily.co.uk/2026/10/bitwis…
Robinhood Plans US Crypto Perpetual Futures as It Unveils AI Trading Agents
Robinhood plans US crypto perpetual futures for $BTC, $ETH and six other tokens, while introducing AI agents with manual trade approval enabled by default.
cryptodaily.co.uk/2026/10/robinh…
