XRP vs XLM: Which is a better buy between Stellar and Ripple?

2022-10-14 13:10

Stellar and Ripple are two of the biggest payment-focused cryptocurrencies in the world. Ripple’s XRP has a market cap of over $25 billion while Stellar’s XLM is valued at over $2.5 billion. Another similarity between the two is that Stellar’s founder, Jed McCaleb, was one of the co-founders of Ripple. So, which is a better buy between XRP and XLM?

The case for XRP

XRP price has crashed by about 40% this year. While the coin has underperformed the S&P 500 and Dow Jones, it has done better than most cryptocurrencies like Bitcoin, Stellar, and Ethereum. It has risen by more than 73% from its lowest level this year.

XRP has done better than other cryptocurrencies in the past few months because of the ongoing case by the Securities and Exchange Commission (SEC). Last month, the judge overseeing ruled that the SEC should provide documents from Hinman, in which was seen as a victory for Ripple. As such, analysts expect that the company has a higher probability of winning the case.

XRP has also risen because of partnerships amid the ongoing cases. For example, this week, it partnered with companies like I-Remit and LemonWay, a leading payment in France and Sweden. 

Therefore, there is a likelihood that the XRP price will continue rising as bulls target the next key resistance level at $0.6595, which is about 32% above the current level.

Stellar faces challenges

Stellar is a blockchain project that makes it possible for people to store and move money. It has a platform that enables people to create digital representations of money like pesos and US dollars. Stellar is mostly used by fintech and other money transfer companies like MoneyGram and Wyre. XLM, its native token, has seen its price crashed by more than 60% this year.

USD Coin is one of the biggest use-case of Stellar. It was used by Circle to build its stabilized USDC, which is one of the most popular stablecoins in the world, with over  $45 billion in market cap.

A key challenge for Stellar is that Binance, the biggest exchange in the world, converted its USDC balances to Binance USD. At the same time, plans by Circle to go public in New York stalled. 

The bottom line

Stellar Lumens and Ripple are some of the biggest payment cryptocurrencies in the world. While the two coins have a correlation, there is a likelihood that Ripple price will do better than Stellar. Besides, it has a catalyst in the ongoing SEC vs Ripple case.

How to buy Ripple

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy XRP with eToro today Disclaimer

Bitpanda

Bitpanda is a digital assets brokerage company. It has grown to become one of the most popular crypto exchanges in the world, as it offers a user-friendly interface, it has developed a bunch of great features and it offers a variety of coins to invest in. Bitpanda has also built a reputation for security, and it has never experienced a hack of its data before.

Buy XRP with Bitpanda today

The post XRP vs XLM: Which is a better buy between Stellar and Ripple? appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 1.4679 (-0.10%)
Объем 24H $10.757b
Изменеия 24h: -4.93 %, 7d: 38.28 %
Cегодня L: $1.4481 - H: $1.5078
Капитализация $83.666b Rank 6
Цена в час новости $ 0.5011 (192.94%)

ripple stellar xlm between better buy xrp

ripple stellar → Результатов: 126


Фото:

Stellar или Ripple: все недостатки и преимущества

При выборе криптовалюты для инвестиций трейдеры все чаще становятся перед выбором: какой из активов лучше всего им подойдет — Stellar или Ripple, так как они оба зарекомендовали себя с лучшей стороны.

2019-3-27 20:19


Фото:

Morgan Creek Launches Digital Asset Index Fund, Excludes Ripple and Stellar Lumens

Morgan Creek Digital Asset Index Fund launched on August 29th signaling a jump forward for large-scale adoption of cryptocurrencies. With the backing of the Morgan Creek Institutional Investment House, the digital asset index fund will include significant players like bitcoin, and ethereum, though it will leave ripple and lumens out of the asset mix.

2018-8-31 03:00


Фото:

Токены Ripple и Stellar исключили из индексного криптофонда Morgan Creek Digital Asset Index Fund

Компания по управлению цифровыми активами Morgan Creek Digital, за которой стоит инвесткомпания Morgan Creek Capital Management, в партнерстве с Bitwise Asset Management запустила криптовалютный индексный фонд Digital Asset Index Fund.

2018-8-29 00:22


Фото:

Ripple не вошла в индексный криптофонд Morgan Creek

Инвестиционная компания Morgan Creek создала криптовалютный индексный фонд Morgan Creek Digital Asset Index Fund и не включила в него несколько крупных цифровых валют, в числе которых Ripple (XRP), а также Lumen (XLM) проекта Stellar.

2018-8-28 22:41


Токены Ripple и Stellar не вошли в новый инвестиционный фонд Morgan Creek Digital

Венчурная компания Morgan Creek Digital Assets в партнерстве с Bitwise Asset Management объявила о запуске нового инвестиционного фонда, исключив из него, однако, несколько наиболее ликвидных криптовалют.

2018-8-28 21:46


На Бали обсудят применение блокчейна в реальном секторе экономики

С 9 по 10 сентября на Бали пройдет XBlockchain Summit, на котором спикеры рассмотрят применение технологии блокчейн в реальном секторе экономики. Саммит посетят высокопоставленные чиновники из Сингапура, Индонезии, Объединенных Арабских Эмиратов и Австралии.

2018-8-16 16:38


Market Action Report: Bitcoin, Ethereum, Ripple, Stellar & Litecoin Waver as BAT & ETC Rise on Coinbase Hype

Cryptocurrency values have taken a bearish turn this week as negative market sentiment suppresses a minor late-July rally, with most major alts taking a hit as confidence in Bitcoin wavers. Positive news from crypto trading giant Coinbase, however, has provided both Ethereum Classic and Basic Attention Token with immunity from bearish market action.

2018-8-7 07:12


Coinbase Custody планирует добавить поддержку 37 новых криптоактивов

Сервис для институциональных инвесторов Coinbase Custody рассматривает вопрос добавления поддержки 37 новых криптовалют и токенов. Об этом сообщается в блоге Coinbase. В числе этих активов значатся Ripple, EOS, Monero, Cardano, Stellar Lumens, Zcash, Tezos, Bitcoin Gold и другие.

2018-8-6 11:29


Фото:

Coinbase Custody добавит 37 криптовалют

Подразделение криптовалютной биржи Coinbase Custody, которое рассчитано на институциональных инвесторов, сообщил о возможности добавления в листинг сразу 37 новых криптовалют. Среди них есть как крупные монеты и токены, например Ripple, EOS, Cardano, Stellar, NEO, так и менее известные криптовалюты.

2018-8-4 18:33


Кастодиальный сервис Coinbase объявил о добавлении поддержки более 30 криптовалют

Coinbase Custody, депозитарный сервис безопасного хранения криптовалют для интитуциональных трейдеров, объявил о намерении добавить большинство популярных криптовалют. Поддержка сервисом многих существующих цифровых активов, включая Cardano, Zcash, NEM, Ripple, Stellar, EOS, NEO, Decred, Monero, Siacoin, Telegram (!), и др.

2018-8-4 15:35


Coinbase Custody добавит EOS, NEO и Stellar наряду с еще несколькими монетами

Coinbase анонсировала длинный список из 37 криптовалют, которые она планирует добавить для Coinbase Custody, сообщает The Daily Hodl. В него входят такие монеты как Ripple XRP, EOS, NEO, Stellar, Cardano, VeChain и Monero.

2018-8-4 10:49


Bitcoin, Ethereum, Stellar, Ripple in Consideration for New Zero-Fee Trading Platform Voyager

The commission-free cryptocurrency market gained more competition on July 25, 2018, when the Voyager revealed the intent to offer free trading for at least 15 different cryptocurrencies. Voyager, a startup backed by Uber co-founder Philip Eytan, will function as an aggregation engine for cryptocurrency prices across more than a dozen trading companies.

2018-7-27 17:00