The XRP Ledger, a distributed ledger network with a native asset, XRP, has a market capitalization over $25 billion. Given its popularity, users are seeking effective ways to store and transact with their XRP coins. The best XRP wallets in 2024 include both hot and cold storage options.

Ledger is the top choice for XRP cold wallets, offering high security and support for over 500 different cryptocurrencies. Trezor Model T is a reputable open-source alternative for XRP cold storage, featuring a touchscreen display and the Shamir Backup security standard. Tangem, resembling a credit card, is a unique cold wallet supporting over 6,000 crypto assets including XRP.

Xaman is the best hot wallet for XRP, specifically designed for the XRP Ledger and offering advanced functionality. Trust Wallet, a popular multi-currency wallet, supports a wide range of cryptocurrencies including XRP. GateHub, a multi-currency wallet focused on XRP, offers strong XRP support and extra security features.

Despite these options, the overall outlook for the crypto market remains bleak due to increasing global regulatory pressures and market volatility.