HomeXRP NewsXRP Struggles as Stellar Surges Ahead in Weekly Performance

XRP Struggles as Stellar Surges Ahead in Weekly Performance

-

XRP, the cryptocurrency closely tied to Ripple, has recently made headlines by reaching an all-time high, but despite this impressive milestone, it’s being outpaced by another digital asset in terms of growth and momentum.

In today’s ever-volatile crypto market, XRP has climbed to new heights, hitting $3.65 based on current data. This achievement solidifies its position as one of the leading cryptocurrencies by market cap. However, it’s not alone on the ascent. Another contender, Stellar (XLM), has demonstrated even stronger weekly performance, putting XRP in the shadows for now.

Over the past seven days, Stellar (XLM) has experienced a remarkable 63% increase in value. This growth outpaces XRP’s 39% rise during the same period. The rapid uptrend has made XLM the top-performing asset among the top 100 cryptocurrencies listed on CoinGecko. Following closely behind are Bonk (BONK) and Pudgy Penguins (PENGU), which gained 52% and 45%, respectively. Even other major altcoins such as Hedera (HBAR) and Algorand (ALGO) have posted gains of over 40%.

Despite XRP’s substantial growth, it doesn’t currently rank among the top five leading tokens in terms of weekly gains. This indicates the intense competition within the market and highlights how quickly sentiment can shift among investors, even for well-established assets like XRP.

XLM and XRP price comparison chart from CoinGecko

Interestingly, XLM’s market performance often follows that of XRP, a correlation that draws attention given their shared history. XLM was founded by Jed McCaleb, a former Ripple CTO, and has long been seen as a spiritual sibling to XRP. Ripple’s CTO David Schwartz once remarked that the similar behavior between the two tokens might stem from how investors categorize them mentally, viewing XLM and XRP as complementary or interchangeable assets even though their ecosystems serve different functions.

Currently, XLM is approaching the top 10 cryptocurrency rankings by market capitalization. Its market cap now stands at $15.6 billion, again marking it as one of the standout performers in an already bullish market. If XLM is to reclaim its position among the top 10—something it last achieved in early 2021—it will need to double in value. That would place it ahead of competitors like Tron (TRX) and Cardano (ADA), both of which occupy spots among the top-tier digital assets.

For XRP holders, this development highlights the unpredictable nature of crypto markets. While their asset continues posting impressive gains and hits new peaks, performance must always be viewed relative to other moving players. XLM’s sudden surge is a stark reminder that opportunities across the blockchain space remain dynamic and diverse.

Related: XRP Price: $12M Max Pain for Bears

As speculative interest continues to swell across the cryptosphere, XRP remains a strong presence and a promising long-term project with deep ties to cross-border transaction technology. Yet, in the current climate, it’s clear that Stellar is shining more brightly on the weekly charts—for now.

Quick Summary

XRP, the cryptocurrency closely tied to Ripple, has recently made headlines by reaching an all-time high, but despite this impressive milestone, it’s being outpaced by another digital asset in terms of growth and momentum. In today’s ever-volatile crypto market, XRP has climbed to new heights, hitting $3.65 based on current data.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

Follow & Stay Updated

LATEST POSTS

Bitcoin Stalls: Derivatives Data Signals Caution

While Bitcoin struggles to breach $70K, select altcoins like RAIN are exploding, hinting at a possible altcoin season. XRP's surge is also turning heads, potentially signaling a broader market shift that savvy investors won't want to miss.

XRP Signals as Bitcoin Dominance Compresses

Bitcoin dominance is compressing, signaling potential volatility and a possible altcoin season. Historical data indicates XRP could rally if Bitcoin dominance declines further, making it an attractive option for investors.

XRP Price Forecasts: This Week’s Targets

XRP eyes a potential breakout as it rebounds from a key support level, showing surprising strength amid wider crypto market turbulence. Could this recovery signal the start of a bullish trend, or will selling pressure persist?

Crypto Exchange Targets FX Market Expansion

LMAX Group's new Omnia Exchange is set to revolutionize institutional trading by seamlessly converting FX, crypto, and stablecoins. Could this unified platform be the key to unlocking massive liquidity and bridging traditional and digital markets?

Most Popular