$XRP

XRP, created by Ripple Labs, is a digital asset designed to facilitate fast, low-cost international payments. Unlike Bitcoin, which aims to be a decentralized digital currency, XRP is geared towards financial institutions. Its underlying technology, the XRP Ledger, enables transactions to settle in just a few seconds with minimal fees, offering a potential alternative to traditional systems like SWIFT.

XRP has faced regulatory challenges, most notably a lawsuit with the U.S. Securities and Exchange Commission (SEC) alleging it was an unregistered security. Recent developments suggest a potential resolution to this legal battle, which has influenced its market value. The outcome of this case, along with the potential for XRP exchange-traded funds (ETFs), could significantly impact its future adoption and price. As of today, May 10, 2025, the price of one XRP is approximately 659.73 Pakistani Rupees.