Stellar saw a dramatic price increase of over 80% within a 24-hour period. This surge has placed Stellar at the forefront of top gainers in the cryptocurrency market.
The price of Stellar's native cryptocurrency, XLM, rose from $0.302 to an impressive peak of $0.55 amid a wave of bullish momentum. This development has fueled optimism among traders and analysts regarding the potential for XLM to reach the $1 milestone.
The unexpected and substantial rise in XLM's value underscores its volatility and the rapid changes that can occur in the cryptocurrency markets, keeping investors and enthusiasts on high alert for further developments.