Stellar Lumens (XLM), Litecoin (LTC), and Ripple (XRP) are three of the more than 1500 digital currencies in the market. This crypto industry has come a long way since bitcoin broke into the market back in 2009. While the top digital currency still holds the fame, other digital currencies are attracting lots of attention.
Stellar Lumens is ranked 7th among the top digital currencies, Litecoin is 6th, and Ripple is 3rd. stellar and ripple have a similar historical beginning, but they focus on different approaches. They both want to revolutionize cross-border payments.
Nevertheless, Ripple is designed and focused on payment providers and financial institutions, while Stellar Lumens is focused on the unbanked world. On the other hand, Litecoin (LTC) is closely associated with Bitcoin (BTC), and its aim is to be used on a day to day transactions.
When it comes to partnerships secured over the past twelve to twenty-four months, Ripple beats both Litecoin and Stellar Lumens. With more than 200 partners, the team of Ripple has set a strong foundation that will cause the adoption of Ripple (XRP) to skyrocket in a couple of years from now.
The three digital currencies are all working hard to secure as many partnerships as possible, but Ripple has outdone the other two as a result of the expanded effort by the ripple team.
Ripple in the Market
The digital currency is looking to clear a key resistance level as it looks to capitalize on recent news. Another financial institution that wants to leverage and adopt the use of xRapid is American Express. This digital currency is showing an upward bullish trend that could increase its value over the 70 cents level in the next couple of hours.
Ripple (XRP) has a market capitalization of $26.4 billion and the twenty-four hours trading volume of the coin is $205 million. Given all the bullish run and advantages, the value of the digital coin could go beyond the $3 mark by the end of this year.