Hassan Maishera
On Monday, the Ankr team announced via X that Ankr public RPC is now live on the XRP Ledger. This deployment gives developers direct access to native payment channels, DEX, and cross-currency settlement, ahead of the upcoming lending protocol launching on mainnet.
Ankr is one of the most important infrastructure providers and facilitators of the crypto space, long trusted by industry giants like Microsoft, Binance, Tencent, Polygon, Optimism, and Avalanche for high-performance node operations and engineering services.
Ankr’s global network of nodes spans over 75 blockchains, enabling them to offer a range of development services that leverage this infrastructure, including their Web3 API/RPC platform, staking services, blockchain creation service, and more.
In short, Ankr keeps Web3 running by ensuring that all dApps, developers, projects, and users have reliable, high-speed access to on-chain data, which is a prerequisite for interacting with smart contracts or performing any Web3 task.
Ankr Network is building a full-stack cloud infrastructure and marketplace for container-based cloud services. Users can now stake FTM tokens on Ankr to earn ANKR tokens.
As a project in the Web3 space, Ankr is unique in that it has established its own global fiber network and blockchain-native load balancer to run bare-metal nodes across various blockchains. This means Ankr’s network isn’t reliant on centralized cloud services that are prone to outages and censorship, offering a much more decentralized, distributed, and resilient foundation for Web3 operations. As a token, ANKR is unique in that it maintains utility as a DePIN token for Ankr infrastructure while simultaneously claiming status as the native gas and rewards token of a key Ankr ecosystem blockchain.
ANKR is trading at $0.003399, up 0.7% in the last 24 hours.
Ripple is a privately held company that is building a payment and exchange network (RippleNet) on top of a distributed ledger database (XRP Ledger). The main goal of Ripple is to connect banks, payment providers, and digital asset exchanges, enabling faster and cost-efficient global payments.
Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless, and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second), and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.
The XRP Ledger presents a wide variety of applications and use cases related to payments, including micropayments, DeFi, and, soon, NFTs. Deployed in 2012, the XRPL supports enterprises and Python, Java, and JavaScript developers with powerful utility and flexibility. On the XRP website, developers can access different tutorials to help them get started using different coding languages, building apps, managing accounts, and more.
Alongside its native coin, XRP, the XRP Ledger is used by developers to create solutions that solve inefficiencies, including remittance and asset tokenization. Currently, the five main applications of the XRP Ledger are payments, tokenization, DeFi, CBDCs and stablecoins.
XRP is up 0.25% in the last 24 hours and now trades at $1.07.
