
XRP Ledger
XRP Ledger is a public, federated-consensus Layer 1 blockchain for fast, low-cost payments and on-chain tokenization.
Transaction Fees, Open-source
What is XRP Ledger?
XRP Ledger is a public Layer 1 blockchain that uses a federated Byzantine consensus protocol rather than proof-of-work or proof-of-stake. The network settles transactions in three to five seconds with sub-cent fees and ships with a native decentralized exchange, on-chain tokenization, and an automated market maker. XRP is the native asset used for fees and bridging between issued tokens.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

