Stellar rallies as XRP community rejects rivalry claims
Stellar (XLM) jumped sharply after fresh tokenisation news renewed market debate around its long-running comparison with Ripple-linked XRP.
CoinGecko data showed XLM rising by about 60%, while XRP traded with little movement during the same period.
The move came after the Depository Trust & Clearing Corporation and the Stellar Development Foundation announced a new collaboration.
The partnership will support the tokenisation of traditional financial assets held under DTC custody on the public Stellar blockchain.
The project aims to test whether public blockchain networks can support tokenised versions of highly liquid institutional assets.
The announcement gave Stellar a fresh boost, as investors saw the deal as a major step for real-world asset tokenisation.
Stellar and XRP often draw comparisons because both networks focus on payments, transfers, and cross-border financial use cases.
Stellar was also founded by Jed McCaleb, who previously co-founded Ripple before leaving the company.
The shared history has helped fuel a long-running rivalry between supporters of XLM and XRP.
Some market watchers argued that the DTCC-linked development gave Stellar a stronger narrative than XRP in the latest market cycle.
Critics of XRP also used the announcement to suggest that Ripple supporters had suffered a setback.
However, XRP supporters rejected the idea that Stellar’s progress should be treated as a direct defeat for Ripple or XRP.
Several pro-XRP commentators argued that both networks have different structures, goals, and roles in the wider digital asset market.
XRP advocates said XRP focuses more on liquidity and settlement, while Stellar’s latest work centres on tokenised traditional financial assets.
On-chain data also pointed to rising pressure on XRP holders during the latest market move.
Santiment reported that XRP saw its largest exchange inflow of the year on Thursday, with more than 22.80 million XRP moving onto trading platforms.
The exchange inflow happened near a local price low, marking XRP’s weakest level in 15 weeks.
Large exchange inflows can signal selling pressure, although they do not always confirm that investors will sell their holdings.
Santiment data also showed that more than 25.24 million XRP later moved off exchanges and into self-custody.
That outflow suggested some holders may have used the price weakness to withdraw tokens rather than exit the asset completely.
The contrasting flows showed a split market reaction, with some traders showing panic while others appeared to hold firm.
The latest price action placed XLM back in the spotlight, but XRP supporters maintained that the two assets should not be judged through one headline alone.
At the time of reporting, Stellar price was $0.2306.