Stellar (XLM) Up 6% This Week, but Bearish Divergence Suggests a Reversal Ahead
Stellar's XLM token has climbed 6% over the past week as the broader crypto market shows signs of recovery. At press time, the altcoin trades at $0.28.
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Stellar's XLM token has climbed 6% over the past week as the broader crypto market shows signs of recovery. At press time, the altcoin trades at $0.28.
The crypto industry is experiencing capitulation, as most top projects that started the week positively, including Stellar (XLM), have commenced shedding their gains. The XRP rival has seen its price drop by 1.76% in 24 hours to $0.2873, according to CoinMarketCap data.
Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors.
Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.
In a landmark regulatory move, the United States SEC has dropped its appeal and lawsuit against crypto company Ripple Labs. Ripple CEO Brad Garlinghouse confirmed the updates, ending a legal fight that began in December 2020. Meanwhile, the development sparked optimism in the cryptocurrency community, with remittance tokens leading the altcoin rebound.
Stellar (XLM) has seen a price rebound, registering an 8% uptick over the last 24 hours as the market sees renewed interest. This price movement marks a rebound from recent declines, with eyes on where XLM will trend next.
OpenZeppelin's Contract Wizard now supports Stellar (XLM)'s platform, simplifying the creation of secure and standardized smart contracts for the network.
Stellar Development Foundation's Raja Chakravorti reveals how blockchain is already saving the UN millions in aid distribution and allowing people to access investment products at a low cost. Learn how Stellar is quietly building infrastructure that lets traditional finance meet blockchain technology without customers ever knowing they're using crypto.
Stellar (XLM) has been experiencing a prolonged downtrend for nearly three months. Despite some attempts at recovery, the altcoin faces significant hurdles ahead.
The US government is inching closer to setting up a crypto strategic reserve after President Trump's executive order earlier this month, which could bode well for XRP rivals. Last week, Congressman Byron Donalds tabled the “Reserve & Stockpile Act” that will turn Trump's plan to buy XRP, Bitcoin, Ethereum, ADA, and Solana into law.
After a turbulent start to the week, the Stellar price seems to be finding some stability, briefly climbing above the $0.28 level this weekend. This growing momentum has sparked interest from market enthusiasts, with prominent crypto analyst Ali Martinez projecting the XLM token to soon experience a sustained price rise.
Toncoin (TON) has surpassed Stellar (XLM) in market capitalization following a 22% price surge, propelling TON up the cryptocurrency rankings. With a market capitalization of $8.59 billion, Toncoin ranks as the 14th largest cryptocurrency, ahead of Stellar's market capitalization of $8.37 billion.
While BTC is struggling, some altcoins are witnessing positive growth in their network utility, active address count, whale activity, and social sentiment.
XRP price has risen this week after falling to a crucial support level that could determine its trajectory this month. With Ripple showing strength above $2.3, here are some of the top XRP rivals that could benefit even if the US government shuts down tomorrow.
XLM, the native token of Stellar, is gaining significant attention from crypto enthusiasts due to its impressive upside momentum amid bearish sentiment. On March 14, 2025, XLM recorded a price gain of over 5% in the past 24 hours, while Bitcoin (BTC) and Ethereum (ETH) saw price declines of 3.
Stellar (XLM) has surged more than 10% in the last 24 hours, attempting to recover from a 15% correction over the past month. Despite this rebound, XLM's trend remains at an important point, with its market cap now standing at $8.6 billion.
Altcoins delivered mixed performances on Thursday as Bitcoin rebounded to $84,000. While overall recoveries remained subdued, Stellar and Polygon stood out with contrasting market trends. Stellar defies trends: soars over 10% While most assets saw short-lived gains today, XLM displayed a notable bull comeback. While Bitcoin retraced to $81K at press time, Stellar remained elevated.
The ongoing market recovery has spotlighted Stellar (XLM) as a bull takeover. The altcoins have decoupled from Bitcoin (BTC), which has dropped by 1.32% overall.
Stellar (XLM) is flashing bullish signals after months of decline. Could a massive breakout be imminent.
Not every day in crypto brings a moment that feels like déjà vu, but for those watching Stellar (XLM), today might be one of them. The token, which is often compared to XRP, is once again approaching an important technical threshold - its 200-day moving average - after jumping more than 8%.
NEAR Protocol (NEAR) was also a top performer, gaining 3.7% from Wednesday.
March 12, 2025 05:57:55 UTC Franklin Templeton Submits XRP ETF Application Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund's XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance.
XLM's breakout potential hinges on short liquidations and rising Open Interest as support holds.
The Stellar price has crashed by double digits over the past week, mirroring the dwindling climate of the altcoin market. However, if the latest price action is anything to go by, XLM could be gearing up for a significant bullish rally in the coming days.