Stellar's XLM coin has witnessed a fluctuation in its value, with periods of both significant surges and substantial drops. Amidst market volatility, the coin has outperformed Bitcoin at certain intervals. Factors attributing to its growth include a potential PayPal integration, upgrades to the underlying Stellar protocol, increased usage of Stellar-based stablecoins, and increase in transaction rates. The coin has seen a multi-month high, with predictions indicating possible further increases. Notably, XLM's performance is being compared to XRP, suggesting a potential rally similar to the one XRP experienced. While it stands out amidst meme coins as a crypto asset with real-world utility, it faces competition from emerging alternatives, including Remittix's RTX token. Despite the stiff competition, Stellar's performance update reveals it has led the index higher. Institutional interest in both Ethereum and XLM has triggered a rally, proving beneficial for the coin. The growth is also attributed to Visa integrating Stellar's blockchain technology for its stablecoin settlements,which reportedly boosted XLM's value. It's also been incorporated onto the Robinhood trading platform along with four other coins. Despite these advances, instances where the XLM price dipped and reduced monthly gains have also surfaced. The coin also reportedly experienced plunges, shedding off some of its profit rates.
XLM Coin News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Wed, 06 Aug 2025 20:17:01 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -3