DeFi Intel

XRP Ledger chain

Chain · PageRank 0.0171

Also known as: XRPL

Source: ledgerinsights.com

Overview

XRP Ledger is a decentralized blockchain built for fast, low-cost payments and asset exchange. It uses a unique federated consensus algorithm rather than proof-of-work or proof-of-stake. The network's native token, XRP, serves as a bridge currency and is used to pay small transaction fees to prevent spam.

Within the DeFi Intel graph, XRP Ledger connects to 23 tracked entities, most strongly to Ripple Prints $49 Million RLUSD as 'North Star' XRP Seeks Buyers Support; Shiba Inu (SHIB) Achieves Key Coinbase-Focused ETF Listing; Bitcoin Price Maintains $96,600 Outlook Amid Oil Spike on Hyperliq, Strategy CEO Le Explains Why BTC Price Doesn't Matter; XRP Targets $1.9 as SuperTrend Flips Bullish, Analyst Signals; $292 Million DeFi Hacker Escapes to Bitcoin - Morning Crypto Report, RLUSD Bridge Expansion Connects XRPL, Ethereum, and Cardano Ecosystems.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 23 total).

RelationConnected entityConfidence
mentionsRipple Prints $49 Million RLUSD as 'North Star' XRP Seeks Buyers Support; Shiba Inu (SHIB) Achieves Key Coinbase-Focused ETF Listing; Bitcoin Price Maintains $96,600 Outlook Amid Oil Spike on Hyperliq95%
mentionsStrategy CEO Le Explains Why BTC Price Doesn't Matter; XRP Targets $1.9 as SuperTrend Flips Bullish, Analyst Signals; $292 Million DeFi Hacker Escapes to Bitcoin - Morning Crypto Report95%
mentionsRLUSD Bridge Expansion Connects XRPL, Ethereum, and Cardano Ecosystems95%
mentionsShiba Inu Sees 88% Surge in Usage, XRP Ledger to Break One Billion Threshold, BlackRock Buys $900 Million Worth of Bitcoin — U.Today Crypto Digest95%
mentionsRipple haunted by spectre of quantum computing and proposes two-year plan for XRP Ledger95%
mentionsThis $1 XRP Price Prediction Is Wrong: Here’s Why (Opinion)95%
mentionsCoinbase Is Pulling Institutional Investors Into XRP And This Is How They’re Doing It95%
mentionsRippleX Researcher: Quantum Threat Is Getting Closer95%
mentionsA Perfect Match: How BlackRock And Mastercard Are Tapping XRP To Dominate DeFi95%
mentionsXRP Ledger Gets Native ZK Proof Verification Via Boundless Integration95%

Frequently asked questions

What consensus algorithm does XRP Ledger use?

XRP Ledger uses a unique federated consensus algorithm rather than proof-of-work or proof-of-stake.

What is the native token of XRP Ledger and what is it used for?

The native token is XRP, which serves as a bridge currency and is used to pay small transaction fees to prevent spam.

What are some of the ecosystems connected to XRP Ledger through the RLUSD Bridge?

The RLUSD Bridge connects XRP Ledger, Ethereum, and Cardano ecosystems.