Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LIÊN KẾT) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko.
At publishing time, Stellar’s market cap amounts to $6.6 tỷ, while LINK and BNB’s market caps stand at $6.1 billion and $5.8 tỷ, tương ứng.
Stellar’s return to the top-10 list comes amid XLM’s recent parabolic surge of 80% over the past seven days, according to Cointelegraph’s Stellar price index. At publishing time, XLM is trading at $0.302, lên 27% trong quá khứ 24 giờ.
XLM also posted some major growth over the past year. According to CoinGecko data, Stellar posted year-to-date returns of over 500%.
As Cointelegraph previously reported, Stellar recently won the battle of blockchain payment networks against Ripple amid a major sentiment reversal. This came shortly after the Stellar Development Foundation inked an agreement with the Ukrainian government on Jan. 4, 2021 to collaborate on a new digital asset ecosystem including a central bank digital currency. The partnership immediately fueled massive XLM growth, resulting in 30% daily gains on Jan. 5.
Despite its ongoing rally, Stellar is still far from its all-time high of $0.78 vào tháng 1. 3, 2018.
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