Ethereum

Momentum

Polygon

Stellar

<ul> 
 <li>Stellar (XLM) transcends market volatility, maintaining an upward price trajectory despite a bearish crypto atmosphere.</li> 
 <li>A forthcoming, significant announcement from Stellar fuels speculation and investor enthusiasm, hinting at breakthrough developments.</li> 
 <li>Stellar outpaces competitors Ethereum and Polygon in tokenized treasury market cap, fortifying its place as a formidable asset.</li> 
</ul> 
<p>Amid a flagging <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a>, Stellar (XLM) emanates an undeniable resilience. It recently shattered the $0.12 resistance barrier and retained gains in stark contrast to the bearish temperament of Bitcoin and other elite cryptocurrencies.&nbsp;</p>    
<p>Stellar’s present price not only mirrors growing interest in its payment solutions but also sets the stage for an enigmatic <a href="https://twitter.com/StellarOrg/status/1698008129647288440">announcement</a> slated for Tuesday.</p> 
<p>Starting September 2, Stellar saw its price soar by 10%, further maintaining its upward trajectory with minor setbacks. In fact, on September <a href="https://cryptonewsland.com/10000-xrp-at-100-per-coin/">10</a>, the coin reached $0.13—marking a near 20% surge from its previous monthly low.&nbsp;</p> 
<p>Speculation is rife that a potential partnership with tech giants could be in the cards. Moreover, a recent report showcased&nbsp;<a href="https://twitter.com/adamlawrencium/status/1694322597243023497" target="_blank" rel="noreferrer noopener">Stellar’s domination</a>&nbsp;in tokenized treasuries, dwarfing competitors like Ethereum and Polygon.</p> 
<figure class="wp-block-embed is-type-wp-embed is-provider-crypto-news-land wp-block-embed-crypto-news-land">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="wp-embedded-content" data-secret="l2FeMlx4M3">
   <a href="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/">Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take</a>
  </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take” — Crypto News Land" src="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/embed/#?secret=eKA4XqQyYz#?secret=l2FeMlx4M3" data-secret="l2FeMlx4M3" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
 </div>
</figure> 
<p>However, the momentum slackened slightly, as the coin slipped from its newfound support to trade at $0.1272. This decline suggests a wane in the pre-announcement hype or perhaps a yield to broader market pressures. Yet, Stellar’s future looks promising.&nbsp;Should the impending announcement carry enough weight, we may well see XLM shatter the $1.3 ceiling.</p> 
<p>Stellar (XLM) represents a beacon of stability in an unstable crypto market, buoyed by investor enthusiasm and robust tokenized treasury figures. A slight price dip does little to tarnish its bright future.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/is-stellar-about-to-drop-a-bombshell-heres-what-we-know/">Is Stellar About to Drop a Bombshell? Here’s What We Know</a></li>
 <li><a href="https://cryptonewsland.com/why-stellar-could-be-the-next-big-thing-in-crypto-11-5-surge-in-a-volatile-market/">Why Stellar Could Be the Next Big Thing in Crypto, 11.5% Surge in a Volatile Market&nbsp;</a></li>
 <li><a href="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/">Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take</a></li>
 <li><a href="https://cryptonewsland.com/why-investors-keep-eyeing-stellar-xlm-despite-bitcoins-slump/">Why Investors Keep Eyeing Stellar XLM Despite Bitcoin’s Slump</a></li>
 <li><a href="https://cryptonewsland.com/stellar-unveils-open-source-disbursement-platform-for-fast-transparent-payments/">Stellar Unveils Open-Source Disbursement Platform for Fast Transparent Payments</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/why-you-shouldnt-ignore-stellars-current-price-momentum/">Why You Shouldn’t Ignore Stellar’s Current Price Momentum</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Why You Shouldn’t Ignore Stellar’s Current Price Momentum

Crypto News Land

Other articles published on Sep 11, 2023

ZachXBT accuses four crypto influencers of market manipulation

Justin Sun considers ‘an offer’ for FTX’s crypto assets to prevent potential market crash

Shiba Inu's Shibarium Records Groundbreaking Transaction Milestone

Ripple covers Fortress Trust users’ losses

FTX To Liquidate $3.4 Billion in Cryptocurrencies

Bitcoin Price Faces Strain Amid $268m FTX Sales, While Bitcoin BSC Crypto Presale Surpasses $1 Mi...

Join our free newsletter for daily crypto updates!