Stellar
Why Stellar is up 8.0% today
Analysis
Stellar (XLM) rose about 8% over the past 24 hours after reports that CME is set to support Stellar alongside Cardano and Chainlink, a development that can boost market attention and perceived legitimacy for the asset. The move appears tied to traders reacting to this CME-related support news and its potential implications for altcoin participation.
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.