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Crypto market shifts as HBAR and XLM rise, memecoins fall amid risk-off phase

Market News
30 May 2026
AMBCrypto
View Source
Neutral
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In the current risk-off phase of the crypto market, investors are moving capital away from speculative memecoins and weaker assets toward stronger networks like Hedera (HBAR) and Stellar (XLM). HBAR climbed to 18th place with a market cap of $4.6 billion, while XLM broke into the top 10 with a record $10 billion market cap. Meanwhile, Cardano (ADA) fell out of the top 10, reflecting waning investor confidence. This shift highlights a broader trend where market participants prioritize fundamentals, on-chain activity, and real economic value over hype and speculative narratives.

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