Stellar (XLM), often seen as a direct competitor to XRP, has outperformed its rival with a notable 10.1% price increase over the past 24 hours, climbing from $0.2881 to $0.2982. This sharp uptick follows a breakout rally that has renewed investor interest in the digital asset. According to CoinMarketCap, XLM’s trading volume skyrocketed by 190.52% to $476.51 million, signaling strong market momentum and growing confidence among traders.
XLM’s bullish momentum contrasts with XRP's more modest 5.94% gain, pushing its price to $2.34. Although XRP saw a trading volume rise of 48.37% to $7.26 billion, Stellar’s growth pace and percentage gains have captured market attention. Analysts point to XLM’s consistent performance and increasing real-world utility as key factors behind its recent edge. Over the past 72 hours, more than 50 million XLM were transacted, highlighting increased on-chain activity and growing use in cross-border payments.
Technically, Stellar is showing bullish patterns, including a Head-and-Shoulders setup suggesting potential for further breakout. As users seek fast and low-cost transfer solutions, XLM’s ecosystem and infrastructure are gaining traction. The coin’s appeal is further strengthened by its expanding role in decentralized finance (DeFi) and international remittance.
With rising volume, technical bullishness, and increasing adoption, Stellar appears to be gaining an upper hand in the race with XRP. As both networks aim to dominate the digital payments space, XLM’s current rally may mark the beginning of a longer-term trend driven by investor confidence and broader ecosystem utility.
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