Altcoins News

Story: Stellar (XLM) Jumps 35% on Network Surge

By MikeT

1 / 7

Stellar (XLM) has suddenly roared back to life, recording an impressive 35% price surge in just 48 hours.

2 / 7

What sets this rally apart is the notable increase in network operations. Over 20 million daily operations have been recorded recently on the Stellar blockchain, pointing to…

3 / 7

Technically, XLM has also entered a strong position. For the first time since late 2024, the cryptocurrency has managed to push above its 200-day moving average.

4 / 7

This measured growth and strengthening of technical indicators offer a stark contrast to the situation with XRP, another cryptocurrency long associated with cross-border payments.

5 / 7

Stellar’s relative outperformance in recent weeks has drawn attention from traders who see it as a more stable alternative within the altcoin space.

6 / 7

Looking ahead, traders are eyeing the $0.29 level as a potential breakout point. A daily close above that resistance could clear the way for a move toward $0.34.

7 / 7

In a market often ruled by speculation, Stellar’s recent gains stand out for their underlying strength.

The Currency Analytics

Want the full story?