Here’s a list of awe-inspiring facts about XRP, and the XRP Ledger (XRPL)based on documented sources:

XRP

1. Fast Transactions: XRP transactions settle in 3-5 seconds.

2. Low Fees: Average transaction fees are around $0.0002, making it one of the cheapest cryptocurrencies to use.

3. Scalability: XRP can handle 1,500 transactions per second (TPS), significantly outpacing Bitcoin (7 TPS).

4. Finite Supply: XRP has a fixed supply of 100 billion tokens, with no mining required.

5. Energy Efficiency: XRP uses minimal energy compared to Bitcoin and Ethereum.

6. Utility Token: XRP acts as a bridge currency for cross-border payments.

7. Decentralized Network: XRP Ledger has over 150 validators globally.

8. Liquidity Hub: XRP is used in Ripple’s Liquidity Hub for seamless asset management.

9. Pre-Mined Supply: XRP was fully distributed at its inception, avoiding resource-intensive mining.

10. Microtransactions: XRP’s low fees make it ideal for microtransactions, such as tipping.

XRP Ledger (XRPL)

11. First DEX: XRPL introduced the first decentralized exchange in 2012.

12. Native Smart Contracts: XRPL supports lightweight smart contract features called hooks.

13. Tokenization: Users can issue any asset, including stablecoins, on XRPL.

14. Decentralized Nature: No single entity controls the XRPL.

15. Payment Channels: XRPL supports advanced payment channels for instantaneous micropayments.

16. Interoperability: XRPL is compatible with Interledger Protocol (ILP).

17. Federated Sidechains: XRPL supports sidechains for specific use cases like DeFi.

18. Account Security: Advanced security measures protect against double-spending.

19. NFT Support: XRPL’s XLS-20 amendment added NFT functionalities.

20. Carbon Neutrality: XRPL aims to achieve complete carbon neutrality by 2030.