Does XRP have a competitor?

XRP, the native digital asset of the Ripple blockchain platform, does have competitors in the cryptocurrency market. Other cryptocurrencies such as Solana (SOL), Cardano (ADA), Stellar Lumens (XLM), and Dogecoin (DOGE) are considered as potential competitors to XRP due to their similar use cases and growing popularity. Additionally, Hedera (HBAR) is another notable competitor in the enterprise cryptocurrency solutions space.