$XRP RIVAL $XLM SKYROCKETs 140% ๐จ๐๐จ
XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania.
- XLM Price Surge: Stellar (XLM) has seen a significant surge in price, rising over 4.6% to reach $0.1 per token, amidst the XRP mania.
- Trading Volume Increase: The trading volume of XLM has increased by more than 140% over the past day, reaching $91.8 million, with a total turnover of more than $160 million when including spot market data.
- XLM vs. XRP: Stellar (XLM) and Ripple (XRP) are often compared due to their similar goals of facilitating cross-border transactions, but they have different approaches and target audiences.
- XLM's Decentralized Approach: Stellar's XLM operates on a decentralized open-source network, focusing on democratizing financial access and promoting an open-source and democratic financial landscape.
- XRP's Centralized Approach: Ripple's XRP, on the other hand, operates on a more centralized and proprietary network, targeting financial institutions and streamlining cross-border transactions.
SOURCE: TradingView.com
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