XRP (Ripple) vs XLM (Steller) vs ADA (Cardano): Which Altcoin Reigns Supreme?

Wednesday 12 August 2020, 11:09 PM AEST - 1 month ago

Some of the best cryptocurrencies to prospect on are also some of the best values. What if we were to tell you three altcoins — currently priced in the low cents — are all potential sleepers?

In the case of XRP (Ripple), XLM (Stellar), and ADA (Cardano), all three altcoins have unique growth potential on the crypto market.

Ripple, for example, has a rich history in e-payments dating back to the days of ripplepay.com, as an early competitor to PayPal.

In 2011, crypto-mogul Jed McCaleb (more on him later) joined Ripple, and XRP was launched two years after. Ripples network is centralized and non-distributed, and, technically, not a true blockchain. While it has some skeptics in the community, Ripple also has vast support from top financial institutions (e.g., AMEX, Santander) through RippleNet.

Stellar Lumen (XLM), meanwhile, was created by McCaleb in 2014 after jumping ship from Ripple. The open-sourced coin is more community-oriented and focused on targeting the unbanked, making it different from FI-friendly Ripple. Stellar boasts its speed, claiming it can handle over 1,000 transactions per second.

Finally, Cardano (ADA) is viewed as a third-generation crypto after its 2015 launch. Built by a global team of leading academics and engineers, Cardanos goal is to learn from past cryptocurrency mistakes with a big commitment to scientific philosophy and research.

Want to learn more about these promising altcoins? Check out the video above.

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