With the adverse situation that XRP currently has, and the instability that this has caused due to the adverse situation of decapitalization, it is worth asking how one of its main competitors, XLM, has responded in this very red week for the Californian tab.
Modestly, it has had some interesting fundamentals this 2020, establishing within its blockchain operations that develop pairs in Latin America and Europe, entering more into the cross-border payments market. In Latin America it has the ARST and BRLT, in Europe it is already working on the EURB. All developed under the XLM blockcha.
This XRP position should worry XLM ???, I do not think so, with a decapitalization of more than 30% in XRP, since XLM registers weight events that help it build a 18% revaluation of its token, placing it in a very good position to occupy the market for these electronic payments in different geographical areas.
The securitization of these issues welcomes the development of a very fought market and from which it points to its great potential, especially the Asian one, the ease of adoption and massification would be just around the corner.
Again XLM is born a competitive advantage, occupying and innovating in the space it has gives it the opportunity to address a market niche that is already beginning to doubt its continuity with XRP. There is already talk of exchanges delisting this pair or of partners declaring no longer to use this token or their rippleNet, but it remains to wait for the fall and the drama to end.
The commitment by these regions to an immediate and easy exchange model comes through remittances and cross-border payments, the demand of which will triple depending on the progress of the pandemic and how the countries handle the situation. However it is considered, this type of tokens, XLM, will be taking advantage of it to demonstrate that it has enormous technological strength and administrative support that, even when it focuses on a foundation that may be a bit centralized, already accumulates an enormous amount of investment to grow with a financial development environment.
From what you see, this 2021 begins with great surprises, among so many with prices and fundamentals, within any analysis you must have XLM, not only because it occupies a referential position in the crypto list, but because it presents excellent Opportunity from the start, an operation of $ 0.15 per unit is still a gift for every good investor to take advantage of.
The bets continue, we better begin to see XLM as an alternative to conquer that market eager to be rescued from privatization and centralization. Of course, some fall, but within all, the opportunity for others is born and it is a very good time for the rocket to go even further.
This article contains its own information and there is no room for plagiarism. You can read this content on my Publish0x blog under the following link.
