[ad_1]
From the coming to light of the Stellar platform (XLM) at the end of last year, the third generation blockchain continued to offer tough rivalry to Ripple Inc.'s XRP. XLM currently trades at $ 0.2215 USD while the XRP is trading at $ 0.3256 USD with the two practically out to conquer the cryptocurrency universe. However, with XRP having problems with the lawsuits and centralized topics that rotate the currency, XLM's superior platform, the increase in partnerships and the recent consideration to be listed for Coinbase exchange push beyond the XRP feel?
XLM vs XRP
Blockchain technology and the cryptocurrency industry has suffered in recent weeks, but the recent increase in prices that saw the Bitcoin exceed $ 6,500 positively affected the rest of the market with returns recorded more than 10% on the day of Monday. Stellar (XLM) is one of these as its price has exceeded the value of $ 0.2 USD after a short period below the psychologically important price. To the extent that the currency has continued to record positive gains over the past 24 hours, the price increase of Ripple's XRP over the same period of more than $ 0.30 will put XLM's sustainability on the market to the test.
In the following section we will focus on the factors that are pushing Stellar closer and closer to overtaking the Ripple domain in the market.
Endless cross-court actions play to Stellar's advantage
Ripple Inc. and its affiliate, Ripple Labs, Inc., XRP II, LLC have spent the past eight months in court as they have received a series of lawsuits due to their operations. Claims such as manipulation of the distribution of XRP, losses from investments in XRP and operations in Ripple Inc. are causing disruption among community members.
Regulators in the United States such as the Securities Exchange Commission (SEC) have clearly defined the XRP as a security rather than a digital resource that has set a series of rules to follow, thereby paralyzing the overall process of currency adoption. . This has seen several investors prefer the adoption of XLM as a form of payment since transaction times and commissions are comparable to XRP.
One of the main losses of XRP from the time spent in court for the benefit of XLM is the list: XLM Coinbase.
Coinbase considers XLM on XRP
In an article published in Cryptoglobalist, "the quotation of Coinbase Stellar (XLM) will have a greater impact than the price increase" the author shows the impact of stability that the general list will have on the volatile price of Stellar. When the initial list of 5 coins to be added to the notorious exchange, the name of a coin was missing: Ripple (XRP). While most investors mulled and complained about XRP, the XLM was slowly gaining popularity across the cryptocurrency community.
This consideration by Coinbase, one of the most prestigious cryptocurrency grants, has further pushed XLM into a two-man tender in the world of cryptocurrency transactions.
With the two coins destined for supremacy, given the developments observed on their platforms and the continuous collaborations with the largest companies in the world, only one will truly reign in the future. The XRP must resolve its ongoing legal actions to have the opportunity to stop Stellar's promising blockchain 3.0.
