Stellar coin (XLM) has received a significant amount of attention and predictions of growth. The cryptocurrency seemed to have out-paced other cryptocurrencies such as XRP and Bitcoin in some instances. It showed an impressive surge by 18% at the start of the March rally and a more eye-opening explosion by 30% in 2 days. Early signs of trend reversal were observed amid declining volume. Meanwhile, its price was anticipated to reach $1 sooner than DOGE and Polygon (POL). The launch of Silver (SLR) and Stellar (XLM) futures by Coinbase Derivatives might boost its presence further. Moreover, the expansion of SocGen Forge's stablecoin to Stellar blockchain could be seen as a positive development. It was reported that Stellar might see another 30% surge hitting critical levels. On the downside, it was pointed out that Stellar was at the brink of a potential 22% rally. Still, investors remain somewhat concerned about its association with XRP, although Stellar showed greater performance. Notably, Stellar entered the top 20 crypto list following a 21% surge, and its price was speculated to continue rallying. Despite some predicaments, Stellar remained resilient and is said to target $1.29. On the negative side, there are concerns that a new DeFi coin can beat Stellar to $1. In summary, the growth of Stellar seems promising but also risky due to the volatile nature of the cryptocurrency market.
Stellar Coin News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Wed, 05 Mar 2025 23:02:13 GMT -
Rating 5
- Innovation 8
- Information 6
- Rumor -5