As per the images below, when XRP is compared to other digital assets such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) etc. it is clear the key benefits it has to offer. An XRP transaction completes in 4 seconds at almost zero cost whilst the XRPL has the ability to scale to 50,000 transactions per second. This year there has also been the awareness of just how much energy Proof of Work (PoW) blockchains consume in order to validate transactions. XRP transactions are validated by a consensus algorithm and therefore does not require PoW. As such, the energy consumption is a fraction of what is required for other digital assets.
These characteristics are what sets this digital asset aside from many others and makes it a front runner in looking to improve on the current inefficiencies of the global payments system