XRP supply is capped
The maximum supply of XRP will always be 100 billion. Once this limit is reached, total supply is expected to decrease over time as transaction fees are burned, making XRP deflationary in the future.
The XRP Ledger (XRPL) was launched in June 2012, with the XRP token following in December of the same year. Known for its speed, efficiency, and scalability, XRPL supports a variety of large-scale use cases. Since its inception, the network has processed billions of transactions without experiencing any failures or security breaches. XRPL operates through a Proof-of-Association (PoA) consensus mechanism, which is more cost-efficient than Proof-of-Work (PoW) due to its lower hardware requirements.
WisdomTree’s digital asset taxonomy classifies XRP as a layer-1 payments protocol, positioning it as an altcoin to Bitcoin. This is similar to how Ethereum and Solana are layer-1 smart contract platforms, with Solana acting as an altcoin to Ethereum.
The WisdomTree Physical XRP ETP provides investors with a simple, secure and low cost way to gain exposure to the price of XRP, the native token on XRP Ledger, through regulated European markets.
