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Showing posts with the label 1. #XRP 2. #XLM 3. #Ripple 4. #Stellar 5. #Cryptocurrency 6. #FinancialInstitutions 7. #DeFi 8. #CryptoMarket

XRP, XLM on the Rise, BTC Price Taps $97K Ahead of CPI Announcement (Market Watch)

Understanding XRP and XLM: XRP and XLM, also known as Ripple and Stellar respectively, are two popular cryptocurrencies in the market. Both have been making headlines lately with their impressive gains and growing adoption. Let's take a closer look at these two digital assets and what's driving their recent success. The Rise of XRP: XRP, the native token of the Ripple network, has seen a significant surge in value over the past day. It has been trading at around $1.50, marking a 10% increase from its previous value. This is a positive sign for XRP holders, who have been waiting for the token to break through the $1 mark for quite some time now. One of the reasons for this surge is the increasing adoption of XRP by major financial institutions. Ripple's network has proven to be efficient and cost-effective for cross-border payments, and more and more banks are starting to utilize XRP for their transactions. This has driven up the demand for the ...