Bitcoin and most major altcoins remain rangebound with the exception of Cardano.
Stellar is a blockchain-based payments network that aims to provide a global, efficient system for digital asset issuance and exchange for individuals and institutions. Its native cryptocurrency is Stellar Lumens (XLM), which is used to pay transaction fees on the network to combat spam and also functions as the bridge currency that provides liquidity to any asset issued on the network by trusted entities called “anchors.”
Originally a fork of the Ripple protocol, Stellar was founded by Jed McCaleb and Joyce Kim in 2014 following internal conflicts in Ripple’s management. The Stellar Development Foundation, initially aided and funded by Stripe CEO Patrick Collison, is dedicated to building and promoting the Stellar network as a more accessible, low-cost system of financial services.
A notable design difference from other blockchains is the Stellar Consensus Protocol, which was introduced in 2015. This system foregoes proof-of-work consensus for a federated system that uses mutual trust among groups of peers, or “quorums,” and scales this trust across the network to achieve consensus.
Bitcoin price is attempting to flip the $50,000 level back to support, while many altcoins are capitalizing on BTC's consolidation by moving higher.43508
Bitcoin and altcoins both saw a strong bounce off their intraday lows, which signals that traders still view dips as buying opportunities.63038
Bitcoin’s rally to a $1 trillion market cap could attract more buyers to the crypto sector and boost the price of several altcoins.84982
Bitcoin price has posted a new all-time high today, and that may pull select altcoins higher.89640
The sharp recovery in major altcoins and Bitcoin suggests the uptrend remains intact.94140
Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support.76663
Together with Stellar, Dogecoin passes Bitcoin Cash by market cap and leaves the struggling altcoin in 12th place.38729
Bitcoin is facing rejection above $40,000, but if the bulls do not give up much ground, several altcoins could resume their uptrend.48085
Altcoins are reaching multi-year highs while Bitcoin price builds momentum for the next run at the $40,000 level.62821
Ethereum's rally to a new all-time high boosted investor sentiment in Bitcoin and several altcoins are now surging toward new highs.51082
The Stellar blockchain can be used to pay with USDC, the second-largest stablecoin.30465
Bitcoin price is trading in a tight range, which is allowing multiple altcoins to push higher.71988
Bitcoin’s surprise rally to $38,500 lifted sentiment across the market but the temporary boost appears to be losing steam.50926
Bitcoin's dip below $30,000 triggered a sell-off in altcoins and dip-buying traders might not have enough momentum to cause a relief rally.41386