Usman Salis
Stellar's token (XLM) is turning heads with a hefty 10.1% price bump and trading volume that's skyrocketed by 190%, putting its longtime rival XRP on notice.
What's Behind Stellar (XLM)'s Sudden Edge Over XRP?
Let's face it – the crypto rivalry between Stellar and XRP has been simmering for years. But right now, XLM is having its moment in the spotlight. In just 24 hours, XLM has flat-out beaten XRP where it counts: price gains and trading action.
The folks at CoinMarketCap show XLM breaking out in a big way, jumping from $0.2881 to $0.2982 as I write this – that's a solid 10.1% climb. Traders have definitely noticed, and money is pouring back into XLM at an impressive clip.
Stellar (XLM)'s Trading Volume Goes Through the Roof
Here's where things get really interesting – XLM's trading volume has absolutely exploded, shooting up by a massive 190.52% to hit $476.51 million in just a day.
That kind of surge doesn't happen by accident. It signals that traders are warming up to Stellar in a big way. Meanwhile, XRP's volume increased too – but only by 48.37%, reaching $7.26 billion. Sure, XRP still moves more money overall (it's way bigger, after all), but percentage-wise? XLM is running circles around it.
Is Stellar (XLM) Just Getting Started? Charts Say Maybe
The charts are painting a pretty bullish picture for XLM right now. U.Today recently pointed out that Stellar has formed a classic Head-and-Shoulders pattern, which often signals an even bigger breakout might be coming.
XRP isn't exactly standing still, with its price climbing 5.94% to reach $2.34. Not bad at all – but it's still getting outshined by XLM's double-digit performance.
Why Stellar (XLM) Might Have Found Its Secret Sauce
The sheer amount of XLM changing hands lately gives it a serious edge. The Stellar network recently saw a whopping 50 million XLM move through its ecosystem in just 72 hours – and that number keeps growing.
This uptick in activity hints that people aren't just trading XLM – they're actually using it. More and more users seem to be discovering Stellar's cheap and efficient transfer platform, which directly challenges XRP's main selling point.
When you look at both the technical signals and the growing ecosystem use, it's not hard to see why XLM is currently the hotter ticket. The battle between these two payment-focused blockchains is heating up, with XLM currently holding the momentum.
If XLM can keep this pace up, it might actually start closing the gap with its bigger rival – though catching XRP completely would still be a massive uphill battle. Either way, the underdog is having its day right now, and traders are taking notice.
Usman Salis
