Why would we say Stellar (XLM) is better than Ripple (XRP)? The simplest thing to do would be to compare how the two cryptocurrencies have performed in 2018. The first yardstick, of course, is their market indicators and price movements YTD. Then it would lead us to make a projection of what makes it stand out going into the second half of the year.
However, that alone may not tell the whole story and truly put to rest the debate on why Stellar (XLM) is presumably better than Ripple (XRP) in the last five months. We shall, therefore, look at the performance over the last 6 months then adjust that with other factors that augment XLM’s dominance over XRP.
Stellar (XLM) better returns over 2018
Ripple is ranked 3rd by market capitalization at $25.93 billion and its native XRP is priced at $0.661 against the US dollar. These values make it almost five times larger by market cap as Lumens stands at $5.7 billion and is ranked 8th. It also means that Ripple’s price is twice higher than that of XLM which currently trades $0.310 against the US dollar. But that’s the far it goes.
2018 has largely been tough on all cryptocurrencies, including these two. While all the top coins have tanked in the last couple of weeks, stats show that lumens have performed better than XRP over the last 6 months. According to data on CoinMarketCap, price comparison between the two over the last 30 days shows that the two coins have a similar trajectory. They gained +1.97% for XLM and +0.86% for XRP. However, spreading that to the last 180 days put Stellar on top by far. It has gained +739% compared to Ripple’s +190% in that period.
Stellar to win the race for adoption
In terms of returns for the rest of the year, Stellar is expected to post better returns. This prediction is premised on the current sentiment surrounding both Stellar XLM and Ripple XRP. The fact that partnerships help cryptocurrencies gain much-needed traction is in no doubt. Ripple has courted some of the biggest names in the banking and financial industry. And recently, it…