bullish

Stellar

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The&nbsp;<a href="https://u.today/last-time-this-happened-xrp-price-saw-60000-rally" rel="noopener noreferrer nofollow">XRP</a> mania that emerged out of the blue today was a complete shock to the cryptocurrency market. Within 24 hours, the popular cryptocurrency climbed to the top of the list of the most profitable digital assets on the market.&nbsp;
Looking at the&nbsp;<a href="https://u.today/xrp-unveils-major-bull-signal-where-could-xrp-price-skyrocket-next" rel="noopener noreferrer nofollow">XRP price</a> chart, you can see a huge green candle that took the price down 6% in a moment today, which is quite a lot for an asset whose capitalization was already over $30 billion.
This unexpected bullish momentum on XRP is also reflected on the chart of Stellar (XLM).&nbsp;
<h2 id="stellar-xlm-price-outlook">Stellar (XLM) price outlook</h2>
XLM is often referred to as XRP's rival. The fact is that it was originally conceived that way by Jed McCaleb, who left&nbsp;<a href="https://u.today/ripple-v-sec-xrp-lawyer-debunks-viral-rumors" rel="noopener noreferrer nofollow">Ripple</a> and the development of XRPL to create a decentralized ecosystem of cross-border transfers.&nbsp;
Then came Stellar and the XLM token, which the market perceived as a kind of beta for XRP's price action. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="9eae4c9a-8967-4bee-9851-5ff55151bf04" src="https://u.today/sites/default/files/inline-images/xlm_14.png">XLM to USD by <a href="https://coinmarketcap.com/currencies/stellar/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
On the back of today's market position, XLM also rose over 4.6%, reaching $0.1 per token at the moment. The increased interest in the token was also reflected in a sharp increase in token trading volumes.
According to&nbsp;<a href="https://www.coinglass.com/currencies/XLM" rel="noopener noreferrer nofollow">CoinGlass</a> data, XLM trades grew by more than 140% over the past day to total $91.8 million. This is only derivatives, and if we take into account the data from the spot market, we can talk about a turnover of XLM of more than $160 million for the last day.

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

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