Cardano Creator Praises XRP Rivals

Key Points

1. Stellar (XLM) rose nearly 80% from early July lows, surpassing $0.45 and reclaiming key resistance levels.

2. Hedera (HBAR) jumped from below $0.16 to above $0.25, breaking through its multi-month range.

3. Hoskinson highlighted the real-world utility of XLM and HBAR, particularly Hedera's advancements in verifiable computing and tokenized real-world assets (RWA).

4. The rally of XLM and HBAR may be influenced by speculative positioning ahead of potential XRP ETF news.

5. The sustainability of the rally depends on broader crypto sentiment and XRP's ability to deliver on ETF expectations.