Categories: Ripple

Ripple (XRP) vs Stellar Lumens (XLM): Which Cryptocurrency Will Win?

Click here to view original web page at

Stellar Versus Ripple Tokens

Ripple has received some negative news and attention this month, especially concerning its token. This is on stark contrast to Stellar, which has not had any issues as of late. Although there may a lot of reasons for Stellar’s positive performance, the most credit may be due to Jed McCaleb. Stellar is Caleb’s third project concerning blockchain and it comes after he switched from being Ripple’s technology chief and the mind behind Mt. Gox. Perhaps McCaleb’s past projects have enabled him to learn from his mistakes and to apply successful efforts to Stellar.

Further, McCaleb’s work at Stellar and the positive outcomes it has brought about may be fueled by McCaleb’s unpleasant departure from Ripple due to an unknown dispute. As McCaleb stated, “When I left Ripple, I agreed to (and Ripple’s lawyer sent an email confirming) sale limitations applied to XRP held by me or in the name of my children” but “then Ripple – in direct contradiction of its prior confirmation – claimed sales by other people violated my agreement and caused Bitstamp to freeze $1 MM that belonged to Stellar.”

Ripple’s replacement as its Chief Technology Officer David Schwartz responded by asserting its own version of the story, stating “Jed had a long string of bad ideas that Ripple’s Board of directors refused to implement” so “Jed started stellar based on those ideas.” Schwartz further continued “Jed tried to dumb his XRP quickly and Ripple acted to atop him through a series of lawsuits. Thanks to Ripple’s refusal, Jed’s CRP will probably be worth more than $1 billion. He will probably be the only person to become a self-made billionaire despite his best efforts.”

Schwartz’s statement undermines Ripple’s claim that it is a decentralized ledger, especially in light of its freeze of tokens owned by a departing founder.

Of course, there is no doubt that there are certain advantages that may promote XRP’s adoption. For instance, XRP’s volume is more than double of Lumens token. However, it is also important to note that Stellar is leading in spending. Further, Stellar’s protocol is becoming a faster and cheaper alternative to Ethereum.

The Better Option?

The next question is which is the better option – Ripple or Stellar? At this point, XRP may have an advantage concerning its use. The token doubles Lumens token volume, and Stellar leads in spending.

Ruther, Ripple paid out a volume of $55 million recently, which is much less than the $173 million traded on exchanges. Similarly, Stellar processed double of ripple’s volume, totaling $91 million token. Although there is no indication as to why Stellar is trading at such a high volume, some surmise that it could be due to higher trading velocity. Further, the XRP’s token has a higher price tag and Lumen’s token is used more frequently. Further, Stellar does have a small niche that has been accepted by many tech-savvy users and initial coin offerings.

In sum, there is no indication as to who will end up on top. If anything, those who are quickest to move tend to have a greater advantage.

Ripple has received some negative news and attention this month, especially concerning its token. This is on stark contrast to Stellar , which has not […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Is Boris Gone Landslide and How Would Bitcoin, Markets, React?

The sun has returned on London streets as Boris Johnson, the unelected British Prime Minister, once again covers our TV… Read More

3 hours ago

California Man Admits Masterminding $25 Million Bitcoin Launder Fest

A Los Angeles man has plead guilty to a multi-million money laundering scheme. | Source: Shutterstock By CCN Markets :… Read More

3 hours ago

WORLD NEWS: This Week in Blockchain and Crypto

This week has seen interesting developments around the globe on crypto projects and governments interest in the digital assets space.The… Read More

3 hours ago

Bitcoin Circuit: Is it a scam? Read our comprehensive review!

If you are looking for ways to speculate on cryptocurrencies, then I am sure you have thought about signing up… Read More

3 hours ago

Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May

In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly… Read More

3 hours ago

Early Bitcoin Contributor Projected $10 Million BTC Price 10 Years Ago

Share Tweet Send Share Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published… Read More

3 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More