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**Stellar (XLM) Surges 35%: What’s Behind Its Impressive Run?**
In a surprising turn of events, the cryptocurrency market has witnessed a significant surge in the price of Stellar (XLM), with its value increasing by a whopping 35%. This drastic rise has left many investors and analysts wondering what could be driving this sudden increase.
While some may attribute this growth to technical rebounds or short-term market fluctuations, a closer examination reveals that XLM’s performance is largely supported by an increase in actual network usage. As opposed to Ripple (XRP), which is heavily influenced by news and speculation, Stellar’s run appears to be driven by real-world adoption and operational growth.
Over the past 30 days, XLM has demonstrated cleaner and more convincing technical performance compared to its rival XRP, with a noticeable drop in volatility. This increased stability suggests that market participants are increasingly confident in the asset’s long-term potential.
As the cryptocurrency market continues to evolve and mature, it appears that Stellar is benefiting from a shift in investor sentiment towards assets with tangible use cases. As decentralized finance (DeFi) protocols and other blockchain-based applications continue to gain traction, XLM may potentially outperform XRP in terms of relative performance, as long as its operational growth remains strong.
In the coming weeks, we can expect to see if this trend will continue, particularly if XLM’s network usage continues to grow at a steady rate.
Source: https://u.today/stellar-xlm-surges-35-whats-behind-it
