I'm trying to understand whether XRP is considered an
Ethereum token or not. I've heard about different cryptocurrencies and want to clarify the relationship between XRP and ethereum.
6 answers
Mon Jan 13 2025
This cryptocurrency serves as the gas fees on the
Ethereum network.
Mon Jan 13 2025
On the other hand, XRP is a deflationary token.
Mon Jan 13 2025
ETH is characterized as an inflationary token.
Mon Jan 13 2025
Its maximum supply is capped at 100 billion units.
Mon Jan 13 2025
XRP is frequently utilized for cross-border payments.