XRP News Today: XRP Surges 24.17% XLM Jumps 73.09% as Investors Shift to Utility

In recent weeks, XRP and XLM have seen substantial price increases, leaving many investors who were distracted by more speculative coins with declining trajectories behind. Dom Kwok, co-founder of web3 education platform EasyA, highlighted this shift in a post on X, stating that some were misled into chasing speculative investments while XRP and XLM experienced notable gains. His comment has resonated with a growing segment of the crypto community that emphasizes long-term utility over hype.

Kwok expressed regret for those who missed out on the past months' 40-90% gains in XRP and XLM, noting that many were misled into chasing a certain speculative hype coin that has consistently bled. This sentiment underscores the challenges and pitfalls that investors face in the volatile cryptocurrency market, where the allure of quick gains can often lead to poor investment decisions.

XRP is currently trading at $2.86, up 24.17% from last week, and XLM stands at $0.4440, showing a striking 73.09% weekly gain. Both assets are often regarded as foundational to the future of international finance. XRP is frequently mentioned as a potential replacement for the dominant legacy system for cross-border payments, due to XRP’s speed, efficiency, low cost, and more. XLM, which shares a similar mission, has shown strong price correlation with XRP lately. These assets have outperformed many meme coins and similar speculative investments, showing the importance of utility and the market’s shift toward utility-driven assets.

Despite both assets still trading below their all-time highs set in January 2018, market participants remain confident in their potential to reclaim and surpass those levels. This conviction has not gone unnoticed in the broader community. One investor noted that although he initially missed out on early adoption, he has since brought many others into crypto by explaining their utility. This comment underscores a growing shift from speculative interest to utility-based investing.

Another contributor reflected on his early confidence in both XRP and XLM, saying he believed in their future impact even when he “knew absolutely nothing about financial markets.” That belief appears to have paid off. As prices climb and mainstream visibility increases, those who invested early and held their positions are seeing significant returns. Another commenter summed up the sentiment, stating that individuals who “did their homework and took action” are now reaping the benefits.

While speculative tokens dominated much of the 2021 bull market narrative, recent gains in XRP and XLM suggest that investors are reconsidering where long-term value lies. With both coins backed by established organizations and integrated into growing financial ecosystems, their role in the broader crypto market is solidifying. As attention shifts to real-world applications, the current momentum behind XRP and XLM could be more than a temporary price spike. It could signify long-term growth and dominance.