These two tokes are more similar, in form, performance and execution; Of course, there are notable differences that in the end are summarized in a few work appreciations, but without a doubt, both XRP and XLM are presented as two giants leveraged by a technological arm designed to serve a multi-million dollar space that grows and adds value in these times.
Among many differences that can be seen, one of the most notable is the objective that both have, while for XRP its objective is more linked to a lucrative purpose and only be managed within the banking sector, XLM is much more open, under the Not-for-profit concept, it is not limited to the cross-border payments sector, it adapts to those markets where payments are made quickly and with extremely low commissions.
Another interesting difference is its position and capitalization in the market, XRP is located in the third position of capitalization in the crypto market, even reaching second place for a short time. On the XLM side, at the time of this writing, it is listed in the fourteenth position, with good integration, not only with IBM but now with Samsung.
But XRP is not far behind, the integration of more than 150 banks to its Ripplenet network and the integration of payment processors, under the use of its technology, even or necessarily of the native currency, make it have a better position in the market.
These two currencies are not seen as competitors for Bitcoin, however they support the use and adoption of cryptocurrencies and their technologies show an interesting facet with their DLT in traditional financial markets. But as always, they must overcome that cetralized facet that unfortunately characterizes them and sometimes leads them to not have the support of that mass that moves with change, moves with cryptographic digitization.
Again, projects like Stellar and Ripple are a clear indicator of the enormous potential that blockchain technology can offer and the truth is that they show a very promising future and of course, they will get a good slice in the bull of altcoins, which is about to approach with this new implementation of technologies.
