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Stellar (XLM) jumps nearly 39% on rising interest in cross-border blockchain solutions

Market News
29 May 2026
The Currency Analytics
View Source
Neutral
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Stellar (XLM) surged 38.94% to $0.2731, driven by growing interest in its blockchain technology focused on cross-border transactions and financial inclusion. Its market cap reached $9.15 billion, reflecting increased influence in the crypto market. Other notable gainers included Hedera (HBAR), Algorand (ALGO), Injective (INJ), and Monero (XMR), while NEAR Protocol (NEAR) led the decliners with a 6.43% drop. The mixed altcoin performance highlights ongoing market volatility, with traders closely watching Bitcoin and macroeconomic factors for future trends.

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