Stellar ($XLM) Leads the Charge in Daily Gainers.

Stellar ($XLM) emerged as the top gainer, recording an impressive 57.1% increase in price. Trading at $0.44 with a market cap of $13.3 billion, $XLM saw a surge in activity across major exchanges, including Binance. The spike comes amid the growing adoption of the Stellar blockchain for cross-border payments and heightened investor interest in alternative blockchain technologies.

According to Phoenix Group, The price action reflects renewed optimism in the altcoin market, with Stellar benefiting from both technical and fundamental factors. Analysts point to increased institutional use cases and expanding liquidity as key drivers behind $XLM's meteoric rise.

Radix, Polkadot, Algorand Drive Altcoin Rally and Market Optimism.

Radix ($XRD) gained 31.6%, maintaining momentum with its innovative approach to DeFi scalability. Polkadot ($DOT), another significant player, rose 27%, trading at $7.72. Its expanding ecosystem and focus on interoperability have kept it in the spotlight among investors and developers alike.

Algorand ($ALGO), up 23.3%, saw renewed attention as its blockchain continues to gain adoption in decentralized applications and enterprise solutions. Trading at $0.30, Algorand remains a strong contender in the market for environmentally sustainable blockchains.

The impressive performance of these altcoins reflects a shift in market sentiment, as investors look beyond major players like Bitcoin and Ethereum for opportunities in projects with high growth potential. Many of the tokens gaining traction today are associated with platforms offering real-world utility, whether in payments, DeFi, or enterprise applications.

The surge also signals increased activity on centralized exchanges such as Binance and Bybit, as traders capitalize on altcoin volatility. The growing adoption and utility of these projects could lead to sustained upward momentum, provided market conditions remain favorable.