Stellar (XLM) has surged 76% in the past week, overtaking Cardano (ADA) to become the 13th largest cryptocurrency by market cap. This rally was sparked by the DTCC's announcement to tokenize assets on the Stellar network, expanding its real-world use cases. Additional boosts came from Cash App enabling USDC payments on Stellar and Bermuda migrating its national payment services to Stellar, signaling growing institutional and governmental adoption. Stellar's momentum highlights increasing confidence and utility in its blockchain ecosystem, with further growth expected as these projects develop.
Over the weekend, Stellar (XLM) surged 14.1%, leading gains among the CoinDesk 20 assets. Binance Coin (BNB) also performed strongly, rising 7.9%. Meanwhile, some assets like NEAR and Bitcoin Cash (BCH) declined by 7.3% and 6.8% respectively. The Coi...
Crypto markets opened June with declines as US-Iran tensions weighed on sentiment, pushing bitcoin and ether down about 1%. Despite $2.97 billion outflows from spot bitcoin ETFs, derivatives data suggest stable institutional risk appetite. Stellar's ...
This week saw increased volatility in crypto markets as Bitcoin pulled back and ETF outflows dampened sentiment. Investors grew cautious due to macroeconomic and geopolitical uncertainties, triggering heavy liquidations. Despite this, select altcoins...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
Stellar Lumens (XLM) has broken a multi-year descending trendline, marking a shift to a bullish phase supported by rising RSI and increased trading volume. Key support is at $0.2263 and resistance at $0.2730, defining its short-term trading range. De...
