XLM and XRP are often compared because both are designed for fast, low-cost transactions. However, there are key differences. While Stellar (XLM) focuses on individual users and remittances, Ripple’s XRP is more institution-focused, targeting banks and financial enterprises.

Another major difference is their consensus mechanisms. Stellar uses the Stellar Consensus Protocol (SCP), allowing anyone to participate in transaction validation. In contrast, Ripple uses a unique consensus ledger that relies on selected validators, making it more centralized.

Additionally, XLM operates as a bridge currency, facilitating transactions between different fiat and cryptocurrencies, whereas XRP primarily serves as liquidity for bank settlements. Understanding these differences can help investors make informed choices when tracking the XLM price and comparing it with other digital assets.