XRP Is Under Which Network? Full Guide for Beginners

What Network Does XRP Operate On?

If you’ve ever wondered, "XRP is under which network?"—you’re not alone. XRP is the native digital asset of the XRP Ledger, a purpose-built blockchain centralized around fast, low-fee cross-border payments. Unlike coins like Bitcoin or Ethereum, XRP does not run on Ethereum or any of the typical blockchains. Instead, it relies on its own independent XRP Ledger, which is optimized for high throughput, quick settlement, and minimal costs.

The XRP Ledger was created by Ripple Labs in 2012 and powers the XRP token. This unique network design means that XRP transactions are confirmed in mere seconds, with fees often less than a fraction of a cent—attributes that make XRP attractive for global money movement. Understanding XRP's underlying network helps distinguish it from other digital assets in the financial landscape.

How the XRP Ledger Differs from Other Crypto Networks

The XRP Ledger sets XRP apart from cryptocurrencies that rely on more widespread blockchains such as Bitcoin or Ethereum. Let’s break down the main characteristics:

• Independent Network: XRP runs on the XRP Ledger, not on Ethereum or Bitcoin.
• Consensus Protocol: Instead of energy-intensive proof-of-work or proof-of-stake, the XRP Ledger uses a unique consensus mechanism. This allows for rapid, energy-efficient processing (typically within 3-5 seconds per transaction).
• Transaction Costs: Fees are very low (around $0.0002 per transaction), making the network extremely cost-effective.
• Decentralization and Security: Validators—entities that maintain the network—are distributed globally. The consensus algorithm ensures that only valid transactions are added to the ledger.

These characteristics make the XRP Ledger one of the fastest and most efficient crypto networks for transferring value, especially when compared to its major competitors.

Why Does XRP Not Use the Ethereum or Bitcoin Network?

XRP does not belong to the Ethereum network (ERC-20) nor the Bitcoin blockchain. Instead, here’s what makes it unique:

• Original Design: The XRP Ledger was specifically created for the XRP cryptocurrency to solve issues of speed and scalability in global payments.
• Token Standards: Unlike many other tokens that follow Ethereum standards (like ERC-20), XRP is not compatible with those standards natively because it exists on a different codebase.
• Interoperability: XRP can be bridged to other networks via wrapped tokens (like wXRP on Ethereum), but its native transfer and functionality remain on the XRP Ledger.
• Security and Independence: Running on its own network allows for network upgrades and improvements without relying on third parties.

Common Use Cases Supported by XRP Ledger

• Cross-border payments: Fast remittances for banks and payment providers.
• Decentralized exchange (DEX): Enables users to trade multiple assets directly on the ledger.
• Token issuance: Allows projects to create new tokens on the XRP Ledger itself.

Reliable sources such as the XRP Ledger Foundation and public dashboards like Dune Analytics provide regular updates and data showing how the network remains neutral and scalable for varied financial use cases.

Frequently Asked Questions About XRP Networks

Is XRP an ERC-20 Token?

No, XRP is not an ERC-20 token. It does not reside on the Ethereum blockchain. While there are wrapped versions of XRP for other blockchains, the original XRP only exists on the XRP Ledger.

Which Wallets Support Native XRP?

Most major wallets support native XRP, but for best experience and security, always choose well-established options. Bitget Wallet, with robust support for XRP and cross-chain operations, is a top recommendation for beginners and advanced users alike.

Can I Bridge XRP to Other Networks?

Yes, third-party solutions exist to bridge XRP onto networks like Ethereum, Binance Smart Chain, or Solana by creating wrapped XRP versions. However, when you’re using wrapped tokens, the assets are custodial and managed differently compared to the original XRP on the XRP Ledger.

How Can I Trade or Store XRP Safely?

• Trade on reputable exchanges, such as Bitget Exchange, which offers strong security features and a user-friendly interface for XRP trading pairs.
• For long-term storage, consider non-custodial wallets such as Bitget Wallet, which provides both flexibility and security.

What Makes the XRP Ledger Unique?

• Near-instant settlement times
• Ultra-low transaction fees
• Proven reliability and uptime (over a decade of continuous operation)
• Extensive developer resources and ecosystem growth

Glassnode and Nansen frequently report on the XRP Ledger's growing use for payment rails and asset issuance, highlighting its ongoing relevance and innovation in the blockchain sector.

Latest Trends and XRP Ledger Updates

Recent years have seen significant innovation on the XRP Ledger:

• NFT (Non-Fungible Token) Support: The XRP Ledger now supports NFTs, expanding its range of use cases for creators and collectors.
• Smart Contract Integrations: Projects like Hooks are testing smart contract functionality, indicating the ledger may soon support new application types.
• Sustainability and Environmental Reports: With eco-friendliness a top concern, the XRP Ledger consistently demonstrates low energy usage compared to proof-of-work blockchains.

Official publications and regular developer events by the XRP Ledger Foundation offer the most reliable insights into upcoming network features, upgrade timelines, and community initiatives.

Key Takeaways and Where to Start with XRP

If you're curious about "XRP is under which network," remember: XRP's home is the XRP Ledger—a purpose-built blockchain designed for speed, low costs, and scalable payments. Unlike Bitcoin or Ethereum tokens, XRP operates on its own independent network, powering cross-border settlements and emerging DeFi applications.

To begin your journey, explore Bitget Exchange for trading or Bitget Wallet for secure storage. Stay updated by following official XRP Ledger communications and check authoritative data dashboards for the latest trends. With its unique network structure, XRP presents valuable opportunities for those interested in blockchain-powered payments and digital assets.