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Image Credit: Coinpedia

Feb 14, 2024

XRP Vs Cardano : Which coin will recover soon?

By: Bhumi Shrivastava

ADA aims to offer secure, scalable blockchain infrastructure for dApps and smart contracts, making it an attractive investment option.

Cardano's Potential

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XRP serves as a digital payment network and protocol, facilitating asset exchange and money transfer.

XRP's Utility

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XRP faced setbacks due to a lawsuit by the US SEC, causing price fluctuations and uncertainty in the market.

Legal Challenges

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Judge's ruling in July 2023 that XRP is not a security led to a temporary spike in price, but ongoing legal proceedings create uncertainty.

Recent Developments

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Current trends suggest Cardano may have an edge over XRP due to more stable performance and less legal risk.

Investor Sentiment

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However, positive outcomes in the XRP lawsuit could lead to significant price increases, making it an appealing option for investors.

Potential Upside

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For investors seeking to diversify their portfolios, both Cardano and XRP offer opportunities for growth and investment.

Diversification Opportunity

Image Credit:  Daily Coin

Next: XRP Price: What to Expect in March 2024

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