The crypto market is buzzing with discussions about XRP and XLM. Recently, influencer Ben Armstrong made waves by suggesting that those who favor XLM over XRP might live to regret that choice. Both cryptocurrencies have seen significant upticks lately, but understanding their long-term potential is crucial for anyone looking to navigate this space effectively. In this post, I’ll break down some factors at play here.
The Case for XRP
Historically speaking, XRP tends to do its best work late in the game. During the 2016/2017 bull run, it was one of the last coins to pop off, skyrocketing from around $0.24 to an all-time high of $3.84 in a matter of weeks. This pattern suggests that if you are patient enough and hold on tight, there could be even bigger returns ahead—some speculate prices could hit $8 or more.
Current events also seem favorable for Ripple and its native token. The company has been making strategic partnerships left and right—from working with Futureverse to enhance its digital custody solutions, to collaborating with Archax for real-world asset tokenization on the XRP Ledger (XRPL). These moves not only bolster Ripple’s standing but also set a solid foundation for future price appreciation.
Technologically speaking, the introduction of new programmability features on XRPL is a game changer. Coupled with the recent activation of XLS-30—a system integrating automated market makers directly into the decentralized exchange—it positions Ripple as an industry leader in cross-border payment solutions.
The Case for XLM
On the flip side, you have XLM which has recently surged over 485% in a month! It seems like every day there’s more news about institutional interest; even Grayscale has launched a Stellar Lumens Trust.
One thing that may give XLM an edge is its focus on real-world utility as emphasized by co-founder Jed McCaleb. The coin aims to facilitate transactions efficiently—something that could make it more appealing during downturns when investors prioritize use-case over speculation.
Another point worth mentioning: both tokens share an incredibly strong correlation (0.96 coefficient) with each other over time! This means news or market momentum affecting one often spills over into the other; they’re practically siblings born from similar ideologies aimed at revolutionizing finance.
Summary
So where does that leave us? If you’re looking at short-term gains based on recent trends alone—XLM might be your answer! However if history has taught us anything about late bloomers… perhaps holding onto some XRP isn’t such a bad idea after all?
It really boils down to your investment strategy: Are you in it for immediate returns or are you willing to wait patiently through cycles?