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Stellar is stealthily taking centerstage on the blockchain activity front while XRP continues to struggle with price volatility and major technical breakdowns. Despite a stagnant and declining price performance, recent data indicates that XLM is experiencing a notable uptick in on-chain operations, outpacing XRP in terms of sheer transaction volume. An indicator of ecosystem activity, XLM's network recorded over 192 million operations in a single day, as of April 7.
This increase indicates that real-world utility and payment settlements are increasingly being made using the Stellar blockchain, particularly in cross-border use cases, which has been a major area of focus for the protocol since its inception. XRP, on the other hand, is finding it difficult to sustain critical support levels. Since dropping below $2, the token has had difficulty rising, and as of press time, it is trading at about $1.88, down almost 10% in the last day.
The fact that XRP broke out of a descending wedge pattern suggests more potential declines. While volume increased — probably as a result of panicked exits — the Relative Strength Index (RSI) is in oversold territory, indicating extreme selling pressure. The use case for both assets is interestingly similar: cross-border payments. On the other hand, Stellar's open architecture and expanding stablecoin and remittance partnerships may be responsible for its spike in network activity.
Godfrey BenjaminSentiment is still significantly impacted by XRP's legal disputes and lack of regulatory clarity. Technically speaking, bearish momentum can also affect XLM's chart. Currently trading at $0.22, it has dropped more than 60% from its most recent peak; however, it has demonstrated resilience at the $0.20 support zone.
Arman ShirinyanThe on-chain strength of XLM may eventually translate into price action if overall market conditions stabilize, particularly if utility demand persists. In summary, even though XRP leads in visibility and market capitalization, Stellar Lumens seems to be winning the race for real-world usage. Investors may show more interest in Stellar — not for price gains just yet but for its increasing network relevance — if XLM's transactional momentum continues and XRP does not quickly regain its technical footing.
Vladislav Sopov
Dan Burgin