The two major crypto giants in making are Stellar (XLM) and XRP (XRP). Most of the users are eyeing both digital assets to have a healthy rivalry in the market as well as in technology. The cross-border payment system of both the cryptos is quite fast and highly recognized among different firms. The major success for both of them has been their partnerships and that’s what pushes them to reach the top.
Stellar (XLM) is growing rapidly and just like Ripple the technology behind XLM is super impressive with fast transaction speed, secure and low-cost. It even costs less transaction rate than XRP because Stellar was generated by a non-profitable firm. So, with this feature, many financial firms are interested in Stellar and want to adopt their technology for payment purposes. This will push Stellar in competition with XRP because XRP’s Ripple also has the same feature as of Stellar.
Stellar (XLM) has some big investors investing in them and the Internet-based payment firm Stripe uses Stellar for payment method. Such other firms are highly amazed by Stellar and are using its blockchain technology. Stellar (XLM) mainly focus on financial institutions and has the goal to connect individuals who do not have access to the banking services.
Stellar (XLM) along with XRP has had a good year as compared to other altcoins and that’s why it has been able to surge up to 4th spot. The bear market has affected XLM, but in a positive way which has led it to be in top 5 cryptocurrencies. Stellar (XLM) is now aiming for the third spot. It is not easy for XLM to reach there in a blink of an eye but it will take some doing to reach at number 3 spot and Stellar is going for it.
Stellar has some big partnerships to look forward which includes IBM, Stripe, Deloitte and Wanxiang Group. These partnerships are very crucial for Stellar (XLM) as it is very supportive for the digital asset in a bear market and that’s why XLM has traded around a stable price mark in these recent bear markets.
Stellar (XLM) in past few weeks have traded around $0.17 USD to $0.11 USD. The coming time seems to be very good for Stellar because what it has achieved in such a less time is a sign that it has a great future ahead. The coming years are expected to be Stellar’s and XRP’s era and cryptanalysts are predicting these two assets to be crypto leaders in the next few years.
At the time of writing, Stellar (XLM) was trading with a price of $0.116 USD, the recent bear market has dropped its price a bit, but it has leaded XLM to surge to top 4th place. At the moment, it has a market cap of $2 billion and a trading volume of $177 million. The investors need to have a go on XLM, just like they are going bullish on XRP. So, the investors can have a lot of benefit from XLM.