Ripple is a real ethirum of competitor…
XRP Ledger (XRPL), however, extends the RippleNet ecosystem. With it, the cross-border payments platform for easy foreign currency exchange and fast settlement is a full-fledged DeFi chain.
XRPL provides support for coin issuance, smart contracts, and the full gamut of DeFi use cases, with XRP as the native token. That makes XRP Ledger an Ethereum competitor.
Solana, Cardano, and Avalanche get most of the media attention as potential “Ethereum Killers.” But XRP Ledger is in the background, quietly and steadily developing Ripple into a DeFi crypto.
