Reserve

Million

Foundation

Stellar

Anchor

<ul> 
 <li>Stellar Lumens (XLM) is outdoing Ripple’s XRP.</li> 
 <li>After the XRP lawsuit declaring XRP not a security, both assets have surged in value.</li> 
 <li>However, XLM is beating out the performance of XRP and other top 20 cryptos.</li> 
</ul> 
<p><a href="https://www.stellar.org/" target="_blank" rel="noopener noreferrer nofollow">Stellar Lumens (XLM)</a> has experienced a remarkable surge. Despite XRPs epic rally following the XRP lawsuit, <a href="https://cryptonewsland.com/stellar-xlm-investors-reap-137-gains/" target="_blank" rel="noopener noreferrer nofollow">XLM is beating it</a>. Specifically, XLM is outdoing other top 20 altcoins in the last 24 hours, with a smashing 24% increase.&nbsp;</p> 
<p>Presently, Stellar Lumens (XLM) is trading at $0.17. For many, XLM’s short-term bullish outlook suggests the potential for further gains, with analysts eyeing a possible test of $0.2.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Stellar?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Stellar</a> <a href="https://twitter.com/hashtag/Lumens?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Lumens</a> <a href="https://twitter.com/hashtag/XLM?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XLM</a><a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XLM</a> looks bullish after consolidation.<br><br>If <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> doesn't break the game, <a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XLM</a> will aim for new highs. <a href="https://t.co/wCPFfzD0vu" rel="noopener noreferrer nofollow">pic.twitter.com/wCPFfzD0vu</a></p>— Crypto Ninja 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CryptoNinjaTR) <a href="https://twitter.com/CryptoNinjaTR/status/1681690502725349376?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 19, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>The recent surge in XLM follows the bullish momentum in the crypto market after the favorable ruling of the <a href="https://cryptonewsland.com/ripple-wins-lawsuit/" target="_blank" rel="noopener noreferrer nofollow">long-standing lawsuit involving XRP</a>. Stellar Lumens (XLM) benefited from the positive sentiment and reached highs of $0.19 last week.&nbsp;</p> 
<p>While XRP has also seen a price increase of about 5% in the last 24 hours, XLM stands out as the best-performing altcoin among the top 20 digital tokens. The rise in XLM can be attributed to several factors. This could include technical indicators and positive developments in the Stellar ecosystem.&nbsp;</p> 
<p>A recent partnership between <a href="https://bitso.com/" target="_blank" rel="noopener noreferrer nofollow">Bitso</a>, the leading exchange in the Latin American region, and the Stellar Development Foundation aims to enhance international payments. The integration of Stellar’s Anchor Network allows companies worldwide to make USDC payments across Latin America. It will start with Mexico, Colombia, and Argentina.</p> 
<p>The current bullish outlook for XLM is underpinned by the technical picture and the scarcity of the Lumen native crypto XLM. Unlike proof-of-work coins like Bitcoin, XLM’s consensus method settles transactions in 2-5 seconds, making it faster and more efficient.&nbsp;</p> 
<p>Additionally, the fixed supply of approximately 50 billion Lumens contributes to its value over time. This increases the demand for the Stellar platform. As the world embraces globalization, Stellar Lumens (XLM) becomes increasingly attractive due to its focus on facilitating cross-border transactions.</p> 
<p>This makes the project a particularly shiny one for the unbanked population. While Ripple caters more to banking institutions, Stellar targets the unbanked. As a not-for-profit company it provides a universal open-source system for digital money.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/stellar-xlm-investors-reap-137-gains/" rel="noopener noreferrer nofollow">Stellar (XLM) Investors Reap 137% Gains, Capitalizing on June 15th Discount</a></li> 
 <li><a href="https://cryptonewsland.com/federal-reserve-considers-xrp-and-xlm-for-blockchain-integration-in-fednow-payment-system/" rel="noopener noreferrer nofollow">Federal Reserve Considers XRP and XLM for Blockchain Integration in FedNow Payment System</a></li> 
 <li><a href="https://cryptonewsland.com/cryptocurrency-market-sell-off-with-13-and-13-5-losses/" rel="noopener noreferrer nofollow">XLM and XRP Lead Cryptocurrency Market Sell-Off with 13% and 13.5% Losses, Liquidations Reach $218 Million</a></li> 
 <li><a href="https://cryptonewsland.com/btc-and-eth-2x-price-surge-could-clear-celsius-usd-claims/" rel="noopener noreferrer nofollow">BTC and ETH 2X Price Surge Could Clear Celsius’ USD Claims</a></li> 
 <li><a href="https://cryptonewsland.com/matic-and-avax-to-rally-eth-to-outperform-btc-crypto-strategist/" rel="noopener noreferrer nofollow">MATIC and AVAX to Rally, ETH to Outperform BTC: Crypto Strategist</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/how-and-why-is-stellar-lumens-xlm-outperforming-ripples-xrp/">How and Why Is Stellar Lumens (XLM) Outperforming Ripple’s XRP?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

How and Why Is Stellar Lumens (XLM) Outperforming Ripple’s XRP?

Crypto News Land

Other articles published on Jul 20, 2023

Major Tether Laundering Ring Busted in China, 21 Arrested

Binance Announces Investment in DeFi Altcoin

Neither SHIB nor PEPE! Memecoin King Predicted to Surge 600% by Analysts

The Bill Bringing Strict Rules to Cryptocurrencies Has Been Submitted to the US Senate!

Crypto Lender Celsius Battles Bankruptcy Amidst Billions in Claims

XRP Price Analysis July Week 3 to 4

Join our free newsletter for daily crypto updates!