Ripple Vs. Stellar: Can Stellar And XLM May Kick Ripple And XRP Out Of The Payment Settlement Space? Stellar Lumens News Today

As a digital asset investor, it is your responsibility to survey the entire market and compare assets to know which would be perfect for your portfolio and which would be deadweight. Ripple and Stellar have their XRP and XLM tokens that perform almost the same functions. In our XRP news today and our Stellar Lumens news today, we are going to talk about the functions of both tokens and see which one is worth being in your portfolio.

XRP News Today – Stellar Lumens News Today: Stellar Vs Ripple In The Payment Protocol War

Ripple has a goal to become the ultimate cross border payment settlement protocol in the world. The Silicon Valley tech company has created several systems to this effect including xRapid, xCurrent, and XRP, among others. Stellar also has the goal of becoming the foremost payment settlement layer in the world. Both blockchains are similar but not the same.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.272
-1.33%

The most significant difference between the Ripple blockchain and the Stellar blockchain is that both settlement layers target the world in a different way. Ripple wants to become the best by providing banks and financial institutions with the technology they need to perform fast and efficient transactions across the globe. Stellar, on the other hand, intends to become the best by attending to the needs of an individual digital asset investor or a single person. In a nutshell, Ripple targets institutions while Stellar targets individuals.

Recently, however, people started looking for XRP news and Stellar Lumens news that compare both payment settlement layers. This was most likely ignited by the announcement IBM made about using the Stellar blockchain to create a payment settlement layer for its partner banks. People started wondering if Stellar can kick Ripple out of business.

Stellar Lumens News Today – XRP News Today – XLM Vs. XRP: Which Token Should I Hodl

This part is for the digital asset investor who wants to improve his or her portfolio. The XRP token is currently the third largest cryptocurrency per market capitalization. On several occasions, it has kicked Ethereum’s ETH out of the second place. While XRP isn’t the same as Ripple, the XRP token is being promoted by Ripple with other technologies like the xRapid payment protocol. At the time of writing, XRP was trading at $0.309177. This means that it is down by 2.34% against the USD and down by 0.42% against BTC. The market capitalization is $12,894,722,736 and the trading volume over a 24 hour period is $730,848,650.

XLM is the native token of the Stellar blockchain. It is currently the 8th largest cryptocurrency per market capitalization. The trading volume over a 24 hour period is $290,222,529 and the market capitalization is $2,067,050,078. A unit of XLM costs $0.107445. It is down by 1.39% against the USD and up by 0.71% against BTC.

Stellar (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$8,770.450.166%
stellar
Stellar
$0.076-5.03%

Which should you buy? Stellar and XRP may seem like the same thing but the truth is that they are both different and there is no reason why they cannot coexist. The same thing applies to the XRP and XLM tokens. A digital asset investor can either buy XRP, XLM or buy both. Diversifying your portfolio is actually the best way to protect your investment in the cryptocurrency space. So, use some of your capital in XRP and some in XLM.

As a digital asset investor, what do you think about the XRP news and Stellar Lumens news today? Which of the two blockchain based protocols is better? Is the XRP token a better bet than XLM? Share your opinion in the comment section.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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