The XRP Ledger is among the fastest blockchain settlement systems, with ripple mass adoption payment infrastructure taking transactions in 3-5 seconds and fees of less than 0.001.

The Ripple On-Demand Liquidity (ODL) model eliminates the prerequisite bank accounts in international transfers.

Absence of native smart contracts on the XRP Ledger is still a weakness in accordance with such ecosystems as Ethereum and Solana.

This is being duly considered by Ripple with the development of the XRPL EVM Sidechain and the Hooks upgrade, which brings about programmable functionality.

According to analysts, the future usage of Ripple will require XRPL to become more than a payment infrastructure, programmable or not.

Source: https://bfmtimes.com/ripple-mass-adoption-smart-contract-gap-payments/

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