According to Mihir (@RhythmicAnalyst), both XLM and XRP experienced substantial corrections following an initial price surge on December 3rd, 2024. XLM and XRP have corrected by 50% and 35% respectively from their peaks. This highlights the importance of technical analysis in anticipating market movements, despite initial trader enthusiasm.

According to AltcoinGordon, XLM, also known as Stellar, is considered the 'real' XRP in terms of functionality and purpose. Both XLM and XRP serve similar roles in the cryptocurrency market for facilitating cross-border payments. However, traders should note that XLM focuses on supporting microtransactions and has partnerships aimed at financial inclusion, while XRP is known for its association with banking and financial institutions. This distinction may influence trading strategies based on market demand and institutional adoption (source: AltcoinGordon).

According to CCData_io, the latest analysis highlights a substantial increase in open interest for the top 10 crypto assets since Trump's election. OM has experienced a remarkable 516% surge, leading the group. Notably, three out of the ten top assets are memecoins, indicating a strong interest in this category. Additionally, XRP and XLM have shown significant growth, with increases of 157% and 309% respectively. These trends suggest a shifting focus in the market, with potential trading opportunities in these assets.

According to CCData_io, the latest analysis highlights the top 10 cryptocurrencies by open interest change since Trump's election. OM has experienced a remarkable 516% increase in open interest, leading the pack. Notably, three of the top ten assets are memecoins, indicating a trend in speculative investments. Additionally, XRP and XLM have shown significant growth with increases of 157% and 309% respectively. These insights suggest potential trading opportunities in these assets as they continue to attract investor interest.