Stellar (XLM) saw a 303% surge in trading volume to $873 million within 24 hours, contrasting with declines in Bitcoin, Ethereum, and Dogecoin volumes. This spike coincides with Stellar's deployment of the Zipper (Protocol 27) upgrade, which enhances authentication delegation and smart contract efficiency. Increased liquidity from this upgrade may improve trading conditions and attract more market participants. The volume rise occurred despite a price drop, marking a unique market behavior for Stellar.
Bitwise has updated its Bitwise 10 Crypto Index ETF by removing Polkadot (DOT) and Avalanche (AVAX), replacing them with Hyperliquid (HYPE) and Stellar (XLM). HYPE, now the 10th largest crypto by market cap, faces potential dilution risk due to 78% o...
Bitwise updated its Bitwise 10 Crypto Index ETF by removing Avalanche (AVAX) and Polkadot (DOT) and adding Stellar (XLM) and Hyperliquid (HYPE). This change reflects a shift toward crypto assets with strong revenue, as Hyperliquid has shown impressiv...
Stellar (XLM) saw a 303% surge in trading volume to about $873 million following its Protocol 27 upgrade, which enhances smart contract capabilities and network efficiency. This spike contrasts with declines in major cryptocurrencies like Bitcoin and...
