XLM Rockets Over 100%; XRP Approaches Historic $3.40 High
2025-07-17 16:03:11
Main Idea
XLM and XRP, both co-founded by Jed McCaleb, have experienced significant price surges in July, with XLM outperforming most top altcoins in the short term, while XRP approaches its historic high.
Key Points
1. XLM surged over 100% in July, reaching $0.47 by July 17, driven by ecosystem growth and key hirings by the Stellar Development Foundation.
2. XRP surged nearly 50% in the same period, trading just 5% below its all-time high of $3.40, with a 33.9% gain in the last seven days.
3. XLM has shown superior short-term gains compared to XRP, but XRP remains the more dominant performer historically.
4. Bitcoin's market dominance dipped from 63% to 60.98% on July 17, indicating a potential shift in market momentum toward altcoins.
5. XRP recently became the third-ranked digital asset by market capitalization, trailing only Bitcoin and Ethereum.
Description
Since early July, XLM and XRP—both co-founded by Jed McCaleb—have surged amid a broader altcoin rally. XLM has outperformed most top altcoins in the short term, yet historically it trails behind XRP in market strength. XLM Momentum Fueled by Ecosystem Growth? Since the start of July, XLM and XRP, two digital assets engineered to revolutionize
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