XRP offers faster transaction speeds compared to many other cryptocurrencies, processing transactions in just a few seconds. Its low transaction fees make it more cost-effective for cross-border payments. XRP is designed for scalability, supporting a high volume of transactions without compromising performance. The Ripple network, which XRP powers, is known for its partnerships with major financial institutions, offering greater legitimacy and adoption. Unlike Bitcoin, XRP uses a consensus algorithm instead of mining, making it more energy-efficient and environmentally friendly.