$XRP

XRP's Role in Ripple's Ecosystem:

XRP is the cryptocurrency that powers Ripple's payment platform, enabling faster and more cost-effective transactions between financial institutions. Ripple's technology leverages XRP to bridge different currencies and settlement systems, making it a crucial component of their ecosystem.

Current Market Standing:

As of today, XRP is ranked #4 on CoinGecko with a market capitalization of approximately $134 billion. Its price fluctuates based on various market factors, including regulatory developments, adoption rates, and overall cryptocurrency market trends.