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Stellar (XLM) may take over the Ripple’s XRP place in the market dominance

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Stellar (XLM) and Ripple (XRP) are compared very often because of the solutions they offer in the crypto world. In fact, both companies envision to conquer the financial world by offering the best solutions for cross-border transactions, specifically speaking regarding costs and speed.

Like this, the XRP/XLM dilemma has been a common topic in the crypto sector for a long period now, and as it seems, it may be concluded very soon as Ripple continues to struggle with both the lawsuits and the ‘security’ issues, and this may give the perfect spot for XLM to shine and show the world how ready is their platform.

XLM and XRP comparison

At the time of writing XRP trades at a price of $0.32832 according to Coinmarketcap, and the same way XLM trades at $0.21874. Both cryptocurrencies appear in the green with increases of 1.16% in the case of XRP, and 3.39% if you talk about XLM. However, it is XLM the one that has had the biggest increase considering the jump in the price that Bitcoin had last Monday, the same that shot the price of certain coins in the market, being XLM one of them.

In contrast to the mentioned above, it is notable that is not a matter of price anymore. In fact, Ripple has had the toughest times in the last couple of months by facing several lawsuits in which it is claimed that the XRP token should be treated as a security, and on the other hand, by having the Securities and Exchange Commission (SEC) chasing after them with great possibilities of declaring the cryptocurrency as a security, and not as a digital asset.

With relation to this, Ripple has made great efforts to dispel the rumors, but truth be told, it doesn’t seem to be working that good. It all started with the differentiation between the company and the token, so now we have two different terms which are Ripple Labs (the company), and XRP (the token).

That was later followed by a special rule that disables Ripple Labs to control what happens with the XRP token, so with that centralization was off the table. However, the assumptions persist; and that is precisely one of the things that have helped XLM to come out to light.

Coinbase considering XLM as their next crypto

We all know how Ripple has been fighting to get the right to appear listed in the acclaimed exchange Coinbase, but sadly this is something very unlikely to occur unless Ripple solves the lawsuits and the centralization problems quickly. In contrast to that, it was known that Coinbase is actually considering XLM as their next crypto accepted, and this may actually occur once Stellar releases its promising project, the blockchain 3.0.

As for the price, we can all speculate that XLM might hit the moon, but the most important thing is that the token will finally get the validation that it deserves. So the way to go XLM! Oh, and sorry XRP… Keep trying! But yeah, if Ripple somehow manages to tackle the discussed issues, Stellar (XLM) might not be able to come close to it (Ripple’s XRP is a cryptocurrency with massive potential if you put its problems aside).

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Alex Holyoake on Unsplash

Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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