Analysts are optimistic about a potential breakout as the token nears critical resistance levels, positioning it as a key contender in the crypto market.
Stellar (XLM) price has surged over 480 percent in value in the past month, making it one of the best performing cryptocurrencies. This sharp increase has seen it become a top token and surpass major competitors like Shiba Inu in market capitalization, which currently stands at $17.3 billion.
As reported by several crypto outlets, Stellar’s explosive growth positions it as a market leader and sets the stage for a potential breakout.
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