$XRP #XLM
XRP was the first to propose the concept of online cross-border payment. It had a promising future, but was suppressed by the SEC on the grounds that it was an unregistered security, and it was suppressed for four years!
Now the old man who suppressed it has stepped down. As a classic work that proposed online cross-border payment earlier than BTC (the concept was proposed in 2004), unlike Bitcoin's proof of work (PoW) mechanism, XRP uses the Ripple consensus algorithm, which does not require a lot of energy consumption for mining operations and can complete the confirmation of a transaction in just a few seconds
Fast, accurate and low cost have become its synonyms.
During the bull market of 2017-2018, the price soared from 0.0055 to 3.84 US dollars, and the 70,000% increase has become a legend in the currency circle.
If it were not for the US Securities and Exchange Commission (SEC) filing a lawsuit against it in 2020, the price would not have even broken the previous high of 17 years after the price fell in 2021.
Major positive news:
It was reported on December 23, 2024 that XRP donated $5 million to the committee that Trump took office; now it is planned to resign as the chief of the SEC who suppressed encryption on January 20, 2025. Now XRP can be said to be free to fly.
I believe that when Trump takes office, it will definitely reach a better height.
So can we pay attention to XLM, which is the twin star of the payment protocol with XRP?
Look forward to XLM and XRP taking off together!