This week, leading altcoins are making waves with impressive gains. XRP, Stellar (XLM), and Hedera (HBAR) are leading the way, showing strong price momentum and market interest. From skyrocketing prices to increasing market capitalization, these tokens are challenging expectations—potential surprises are waiting.
XRP's Growth Momentum: Could the $2.25 Level Mark the Start of a Larger Bull Run?
The price of XRP over the past 24 hours has shown a steady upward trend. The price of XRP rose 6.15%, reaching $2.25, with a notable market capitalization growth of 6.34% to $129.39 billion. Trading volume decreased by 19.95%, stabilizing at $4.71 billion, while the circulating supply remains at 57.41 billion XRP. The strong price increase in the final hours indicates increasing buying momentum, potentially driven by positive market sentiment.
Stellar Soars 17%: Why XLM is Today's Star
The price of Stellar (XLM) over the past 24 hours has significantly increased by 17.24%, reaching $0.3983. The daily trading volume increased by 94.36%, reaching $662.05 million, indicating strong market interest. Market capitalization rose by 9.72% to $12.06 billion, while the fully diluted valuation (FDV) is $18.4 billion. The price chart highlights a steady increase throughout the day, with significant acceleration towards the end, reflecting bullish sentiment.
Hedera Surges at Day's End: What Momentum is Driving HBAR's Steady Growth?
The price of Hedera (HBAR) has experienced a steady upward trend with a price increase of 6.28%, standing at $0.2935 at the time of reporting. Market capitalization also increased by 6.28%, reaching $11.22 billion. However, the 24-hour trading volume decreased by 23.39% and stands at $513.4 million, meaning the volume-to-market-cap ratio has decreased to 4.42%.
The current circulating supply is 38.25 billion HBAR compared to the total and maximum market cap of 50 billion HBAR. It has been somewhat volatile for most of the day, fluctuating slightly from a higher low to a higher high; subsequently, a strong increase was observed towards the close, suggesting a buying peak.
Disclaimer: The information provided in this article is for guidance and general informational purposes only. The content of this article should not be considered as investment, business, legal, or tax advice in any circumstance.
