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Feb 14, 2024
By: Bhumi Shrivastava
ADA aims to offer secure, scalable blockchain infrastructure for dApps and smart contracts, making it an attractive investment option.
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XRP serves as a digital payment network and protocol, facilitating asset exchange and money transfer.
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XRP faced setbacks due to a lawsuit by the US SEC, causing price fluctuations and uncertainty in the market.
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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.
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Current trends suggest Cardano may have an edge over XRP due to more stable performance and less legal risk.
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However, positive outcomes in the XRP lawsuit could lead to significant price increases, making it an appealing option for investors.
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For investors seeking to diversify their portfolios, both Cardano and XRP offer opportunities for growth and investment.
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Next: XRP Price: What to Expect in March 2024