Is the altcoin season coming early? XLM may see a significant rise

Bitcoin continues to maintain a strong performance in the fourth quarter, instilling great confidence in the market. Some analysts believe that BTC could break $100,000 in December, reaching a six-figure new high. Meanwhile, some altcoins have also begun to show strong upward signals, especially against the backdrop of Bitcoin's continued rise, making the arrival of altcoin season seem increasingly imminent.

Is the altcoin season starting early?

While many believe that the altcoin season will officially arrive in the first quarter of 2025, the current market performance has caused them to start questioning this prediction. Altcoins such as XRP, VET, VTO, and ADA have already begun to rise significantly, with increases ranging from 50% to 200%, and still exhibit strong upward potential. With the surge of these altcoins, the market is full of expectations for more altcoins to rise.

XLM is ready to explode again

One of the most eye-catching altcoins is Stellar (XLM). According to CoinMarketCap data, XLM has risen over 450% in the past 30 days, currently priced at $0.51, with a total market capitalization of $15.5 billion and a 24-hour trading volume exceeding $3.9 billion. With the market remaining bullish, XLM is expected to rise again, with a target price likely to break $1.20.

The altcoin market is currently performing strongly, and many have high expectations for altcoin growth in the coming months, especially for high-potential coins like XLM. If the altcoin season starts early, XLM may experience another explosion, making it worth watching.