Stellar
Why Stellar is up 1.1% in the last hour
Analysis
Stellar (XLM) rose about 1.1% over the past hour likely on positive sentiment after AMBCrypto reported that CME is set to support Stellar (alongside Cardano and Chainlink), a development that can be viewed as improving institutional accessibility and visibility for the asset. The news appeared to spur modest near-term buying interest, lifting XLM in the short timeframe.
Contributing Factors (1)
CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins?Â
ADA whales scaled up accumulation while LINK holders weren't selling aggressively
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.