Crypto.com Chain (CRO)

• Symbol: CRO
• Name: Cronos
• Asset Platform ID: N/A
• Categories: Exchange-based Tokens, Centralized Exchange (CEX), Cosmos Ecosystem, Layer 1 (L1), Harmony Ecosystem, Cronos Ecosystem, Ethereum Ecosystem
• Market Cap Rank: 37
• Price Change in the Last 30 Days: 37%

Crypto.com Chain (CRO) is a decentralized mobile payment protocol that aims to provide a secure and efficient way to pay and be paid in cryptocurrencies without fees. The project focuses on developing innovative technology components and processes specifically for cryptocurrency payments. It leverages proven blockchain technology design elements while incorporating scalable encryption algorithms, trusted execution environments, sustainable price stability mechanisms, and user protection via Proof of Generalized Supernode Dependence (PoGSD).

XRP (XRP)

• Symbol: XRP
• Name: XRP
• Asset Platform ID: N/A
• Categories: N/A
• Market Cap Rank: 5
• Price Change in the Last 30 Days: -38.12%

XRP is the cryptocurrency platform developed by Ripple Labs. Unlike other cryptocurrencies, XRP operates on a distributed ledger network that requires multiple participants to validate transactions. It offers fast and cost-effective transactions, with confirmation times that are effectively immediate. Ripple Labs holds a significant portion of the 100 billion XRP tokens in existence, and it continues to back the development of the Ripple platform. Their focus is to leverage XRP's technology to enable faster banking transactions globally.

The ownership and management structure of XRP sets it apart from other cryptocurrencies. Ripple Labs holds approximately 60 billion XRP tokens, with 55 billion held in an escrow account. This provides them with the flexibility to sell up to a billion XRP tokens per month to fund new projects and acquisitions. However, large-scale selling of XRP by Ripple Labs could have a significant impact on the cryptocurrency's value.