XRP vs. XLM: Two Brothers on Steroids in the Altcoin Arena
Altcoins in the Spotlight
The crypto market has exploded in recent weeks, riding on the coattails of Bitcoin’s resilience and institutional moves toward broader adoption. The Altcoin Season Index recently hit 86/100, signaling that smaller assets are outshining Bitcoin in performance. $HBAR, $XRP, and Solana ($SOL) have led the charge, fueled by institutional interest, explosive parabolic moves, and ETF speculation.
$XRP, the original institutional darling, and XLM, its younger sibling, have become focal points for investors. Both share striking similarities: founders, bear-market scars, and ETF hopes, but their paths are diverging. Let’s dissect what makes these assets tick, and more importantly, whether they’re worth the hype—or just the latest victims of “chasing the pump.”
Fundamentals: Story of Strengths and Weaknesses
XRP’s Institutional Edge
XRP has come a long way since its fight with the SEC. Now cleared, it’s riding on institutional narratives, with Ripple expanding its ecosystem by introducing its $RLUSD stablecoin. Institutions may soon get access via a spot ETF in early 2025 (pending SEC approval). These factors scream adoption potential, but there’s a darker side.
Ripple still holds tens of billions of XRP, leading to inflationary pressure. This centralization raises questions: will institutions trust an asset so tightly controlled? And privacy concerns linger—something institutions care deeply about.
XLM: A Grassroots Underdog
XLM, once overshadowed by XRP, differentiates itself with a more decentralize
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Author: Michal D. Ciesla