Crucial Distinctions Between XRP and XRP Ledger That All Crypto Investors Need to Understand
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The digital asset is called XRP, and the decentralized blockchain that underpins it is called XRP Ledger (XRPL).
XRP enables quick and inexpensive transactions, while XRPL offers many more features than just payments.
While XRPL facilitates tokenization, DeFi, and smart contracts, XRP is pre-mined and used for transactions.
Developers can create apps without utilizing XRP because XRPL functions independently of XRP.
While XRPL is used for more comprehensive financial and blockchain solutions, XRP is mainly exchanged on exchanges.
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