Ripple, also known as Ripple Labs Inc., is a software company that offers payment solutions to financial institutions. The Ripple payment protocol, built upon a distributed open-source protocol, encompasses the XRP Ledger and RippleNet. Ripple aims to revolutionize global transactions by providing secure, instant, cost-effective payment services. It is an alternative to traditional intermediaries like SWIFT, enabling cross-border payments and currency conversions. Ultimately, the decision of whether to invest in XRP before $1 rests on your individual financial goals and risk tolerance. Those seeking high-risk, high-reward opportunities might find XRP an attractive proposition. However, individuals with a more conservative investment approach may be better served by waiting for a clearer picture of the regulatory landscape and XRP’s future trajectory.