What is Ripple Crypto and XRP History? Overview of #XRP

Ripple Labs Inc: Is the company that develops and maintains RippleNet, an international payment and money transfer platform. RippleNet provides a payment system between financial institutions with the advantages of speed and low cost.

XRP (Ripple): Is the currency in the RippleNet system. XRP is used as a payment tool to speed up the remittance process and reduce transaction costs. It is also traded on cryptocurrency exchanges as an independent cryptocurrency.

XRP Ledger: Is a distributed ledger that RippleNet is based on. It uses the Consensus consensus mechanism to confirm transactions, unlike regular blockchain. This ledger is open source and can be used for different purposes beyond supporting XRP.

RippleNet Cloud: Is a service from Ripple that allows customers to quickly integrate into a distributed payment system without the need to fully deploy and maintain a RippleNet node.

All-time high price: The highest price that XRP has reached at a given time, and in this case it was 3.84 USD on January 4, 2018.

In summary, Ripple and XRP play an important role in providing fast and efficient international payment and money transfer solutions for financial institutions.