Ripple's XRP and Stellar (XLM) have both experienced significant price increases recently. XRP approached its all-time high, reaching a valuation of over $184 billion, while XLM reached its highest level since December 2 and jumped by 555% from its lowest level in 2024. The two coins have historically exhibited a close correlation, likely due to their similar goals in simplifying the cross-border payment industry. Stellar, in particular, provides technology for building payment solutions and has a partnership with MoneyGram. Stellar's founder, Jed McCaleb, was also a co-founder of Ripple. The rising price of XRP may positively impact Stellar, and Stellar still has room for more gains to reach its record high. Stellar's price chart shows a golden cross pattern, indicating a bullish trend. This makes Stellar an appealing and more affordable alternative to Ripple for investors.
Content Editor ( crypto.news )
- 2025-01-17
Is Stellar’s XLM a cheaper XRP alternative to buy now?
