Without a doubt, Ripple (XRP) is one of the most exciting projects from the crypto world and has been bravely holding its own in the top 10 of the largest cryptocurrencies by market capitalization for years now. Ripple is only slightly comparable to classic payment networks, such as Bitcoin or Ethereum. This is because Ripple is based at its core on the approach of bringing the very complex and extensive banking system onto the blockchain.
Ripple starts where others fail. Transactions are to be made as cheap as possible, the transaction exchange is to take place within a few seconds and expensive currency exchanges are to be avoided. With this, Ripple caused a stir early on and a lot of resentment in the crypto scene, because unlike all the others, Ripple Labs does not want to bypass the classic banking system, but rather cooperate with it.