{"id":543715,"date":"2023-07-21T14:30:10","date_gmt":"2023-07-21T14:30:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=543715"},"modified":"2023-07-21T13:29:54","modified_gmt":"2023-07-21T13:29:54","slug":"ripple-effect-whats-next-for-stellar-lumens-xlm","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/stellar-xlm\/ripple-effect-whats-next-for-stellar-lumens-xlm\/","title":{"rendered":"Riding The Ripple Effect: What’s Next For Stellar Lumens (XLM)?"},"content":{"rendered":"
The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor’s price in line with XRP. Indeed, both tokens have risen by close to 65% (at this stage) since the summary judgment in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC).<\/p>\n
Remarkably, the relationship between Stellar Lumens (XLM) and Ripple’s XRP has been an intriguing tale of correlation and decoupling. As the market reacted to the recent developments in the Ripple-SEC battle, XLM followed suit, experiencing a remarkable price surge.\u00a0However, as the broader market conditions cast their shadows, the question arises: Can Stellar Lumens maintain its newfound independence and continue its upward trajectory?<\/p>\n
It is no secret that Stellar Lumens and Ripple’s XRP share many similarities in their blockchain technologies and use cases. Moreover, the founder’s Jed McCaleb\u2019s connection to Ripple adds another layer of intrigue, as investors hope that XLM will not be deemed a security by regulators.<\/p>\n