XRP is the native digital asset of the XRP Ledger. It can be used for transfers and cross-currency settlement; a small amount is destroyed as a transaction fee. XRP/USD quotes it in US dollars.
History and development
David Schwartz, Jed McCaleb and Arthur Britto began developing the XRP Ledger in 2011, and the network launched in 2012. They sought efficient transfers without Bitcoin-style competitive mining. XRP emerged as the ledger’s native digital asset.
Businesses and developers subsequently expanded payment and cross-currency uses. XRP, the XRP Ledger and associated companies are distinct: XRP is not corporate equity. Keeping these separate clarifies the history of the network and asset versus the histories of businesses using them.
References: XRP Ledger: history
Comparing charts on this board
Compare XRP with BTC and ETH to distinguish market-wide movement from XRP-specific developments. Isolated XRP leadership directs attention to payments, regulation and network news.
DOGE adds another non-Bitcoin lens for breadth. Compare percentage changes and trace reaction times back to news rather than comparing unit prices.
Related charts: BTC / USD · ETH / USD · Dogecoin / USD
Official references: XRP Ledger: XRP