- Decentralization: Stellar is more decentralized than Ripple, as XRP transactions rely on Ripple Labs’ network of validators, whereas Stellar operates on a federated consensus model.
- Target Audience: Ripple primarily serves banks and financial institutions, while Stellar is designed for both institutions and individuals.
- Transaction Speed & Fees: Both networks offer near-instant transactions with minimal fees, making them ideal for remittances and cross-border transfers.
Due to their similar use cases, XLM and XRP often experience correlated price movements. Monitoring trends in both networks can help predict movements in the XLM price.