Ripple vs Stellar: Institutional investors prefer Stellar Lumens (XLM) over Ripple

While Ripple has also made significant progress in recent months, research from Fundstrat found that private investors see Stellar as a promising network, but they haven’t said anything about Ripple. What the survey found is that institutional investors are more interested in Stellar than Ripple. The study also found that retail investors prefer Ripple over Stellar.

Whenever XRP and Stellar Lumens news is in the same article, it’s always about competition. However, in almost all cases, Ripple comes before Stellar. According to the analysis of Smartereum; Over the past few months, Stellar has attracted the attention of many companies.

Stellar Lumens News Today – Stellar Vs. Ripple – XRP News Today

Ripple and Stellar have a similar goal: to reinvent the payment settlement system and steal a share of SWIFT’s market capitalization. However, the main difference between the two networks is that Ripple targets financial institutions while Stellar targets individuals. The native token of the Stellar blockchain is the XLM token while the native token of Ripple is XRP. Blockchains and tokens have many use cases. However, XRP is way ahead of XLM by market cap and price.

Star Price (XLM) Today – XLM / USD

During Bitcoin’s bull run earlier this month, Stellar (XLM) managed to break out of the descending triangle and moved higher against the USD. Although it may soon form another triangle, there is still technical evidence that shows the price will rise against the USD as long as the price of Stellar Lumens (XLM) remains above the 21 month EMA. .

Stellar Lumens News Today – XRP News Today –

Research has shown that investors prefer Stellar Lumens (XLM) for long trades, but view XRP as a short-term solution. You see Ripple is a central change that provides quick fixes while Stellar provides long term solutions to the same problems as Ripple. Those who believe in Stellar know that progress takes time. It has made a lot of progress over the past few years and has done well against Bitcoin and the USD.

XRP (XRP) price today – XRP / USD

XRP and Stellar Lumens (XLM) Price Analysis

According to Ambcrypto; with Bitcoin breaking the $ 5,000 mark, many crypto analysts and enthusiasts believe the crypto winter is finally over. However, after the collective pump of the market at the start of the month, the prices of all major cryptocurrencies saw a sharp correction, pulling the market into bearish waters.

XRP, the second largest altcoin in the market, fell to a low of $ 0.29 before recovering and hovering around the $ 0.32 mark. At the time of going to press, XRP is valued at $ 0.328, with a market cap of $ 13 billion. The coin recorded a 24-hour trading volume of $ 1.04 billion and rose 0.85% against the US dollar.

XLM, the ninth largest coin in the world, was valued at $ 0.115 at the time of publication, with a market cap of $ 2.22 billion. The coin’s 24-hour trading volume was $ 255 million and increased 0.85%. As a result of the Stellar-IBM partnership, the coin had risen significantly, but has since resorted to stagnant price movement.

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Disclaimer: The information on this site is provided for discussion purposes only and should not be misinterpreted as investment advice. This information does not in any way constitute a recommendation to buy or sell securities.


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