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Altcoins & DeFi

XRP Market Cap Exceeds XLM’s by $76 Billion in Oct. 20 Snapshot

Image: TokenPost

XRP’s market capitalization exceeded Stellar Lumens (XLM) by $76.114 billion in an Oct. 20 research snapshot, highlighting the difference between token valuations and the value of assets represented on the Stellar network. A capture at 12:55 a.m. ET (04:55 UTC) put XRP’s market cap at $82.378 billion, compared with $6.264 billion for XLM. XRP’s valuation was about 13.15 times larger. The figures are a snapshot of the comparison, rather than a measure of how much either network is used. XRP was priced at $1.30, with 63.13 billion tokens in circulation. XLM stood at $0.1779, with 35.209 billion circulating. Market capitalization is calculated from a token’s price and circulating supply, so both figures matter when comparing assets with different prices.

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