2024

World

Shiba Inu

Stellar

<p>The year 2024 has been exceptional for Stellar (XLM), with a spectacular increase of 485% in one month. Over the last week, the token surged by 190%, bringing its market capitalization to $17.3 billion, placing it on the doorstep of the top 10 cryptocurrencies by market capitalization.</p>
<h2 id="h-crypto-stellar-xlm-explodes-in-2024">Crypto – Stellar (XLM) explodes in 2024</h2>
<p>Stellar, launched in 2014 by Jed McCaleb and Joyce Kim, aims to facilitate <a href="https://www.cointribune.com/en/russia-legalizes-international-payments-in-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">international financial transactions</a> quickly and at a low cost. This crypto network allows the movement and storage of money, providing an alternative to often costly and slow traditional payment services.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>Recently, Stellar has experienced a real rally that has propelled the <a href="https://www.cointribune.com/en/crypto-markets/stellar-xlm-en/" target="_blank" rel="noopener noreferrer nofollow">price of XLM</a> to $0.564863, with a current increase of 31.12% over the past 24 hours. An impressive performance attributed to several factors, including the growing adoption of Stellar’s crypto technology and strategic partnerships with major financial institutions.</p>
<p>For example, <a href="https://x.com/smqkedqg/status/1843645140683907087?s=46&amp;t=zj7ICl0Lw9vdTKh741lFIQ" target="_blank" rel="noopener noreferrer nofollow">partnerships with international organizations like the United Nations</a> and the World Bank have strengthened the credibility and adoption of Stellar. Furthermore, the increased interest of investors in cryptocurrencies in general has contributed to this bullish momentum.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noopener noreferrer nofollow">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-future-perspectives">Future Perspectives</h2>
<p>Following this recent rally, Stellar (XLM) has surpassed <a href="https://www.cointribune.com/quest-ce-que-shiba-inu-inu/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a> and its market capitalization of $15.7 billion. If this trend continues, XLM could soon enter the top 10 cryptocurrencies by market capitalization, competing with giants like Bitcoin and Ethereum.</p>
<p>However, this skyrocketing rise is not without risks. Analysts warn of a possible short-term correction, given the speed and scale of the price increase. Crypto investors must remain vigilant and closely monitor market developments.</p>
<p>In summary, Stellar (XLM) is experiencing a period of exceptional growth, attracting the attention of investors and financial institutions around the world. As an <a href="https://www.cointribune.com/stellar-xlm-lalternative-pour-le-transfert-dactifs/" target="_blank" rel="noopener noreferrer nofollow">alternative for asset transfer</a> and with a rapidly increasing market capitalization, XLM is well-positioned to continue to grow. However, caution is warranted due to the inherent volatility of the crypto market.</p>

Top 10 Crypto In Sight: Stellar Shakes Up The Market

Table of Contents

Cointribune EN

Other articles published on Nov 24, 2024

Crypto Euphoria Peaks: 5 Coins to Secure for Millionaire-Level Gains by 2025!

Dogecoin Eyes $0.8 While These 2 Altcoins Are Tipped to Surpass DOGE

Best Altcoins to Buy Today: Qubetics’ $965K ROI Potential, Algorand’s 67% Growth, and Aave’s DeFi...

Forget Solana and Cardano — These 5 Under-the-Radar Coins Are Set to Skyrocket!

7 Best Cryptos to Buy in November 2024: What Smart Investors Are Eyeing Now

Crypto Hype Is Real: Dogen and These 2 Coins Are Leading the Next Meme Frenzy!

Join our free newsletter for daily crypto updates!