Stellar Lumens ( #XLM ), the cryptocurrency that powers the cross-border payments-focused Stellar Network, has regained its spot as the best-performing cryptocurrency in the top 100 by market capitalization over the last 24 hours, having rallied around 24% over this time period.

XLM was last trading close to $0.16, higher amid a broader bid in select altcoins names that has seen the likes of Optimism ($OP ), XRP ($XRP ), Maker ($MKR ) and BitDAO ( #BIT ) gain in the region of 10% over the last 24 hours.

But the #bulls appear to remain in control, with XLM trading volumes still highly elevated.

Over the last 24 hours, nearly $700 million worth of XLM changed hands across major exchanges.