Stellar Price Soars as XRP-SEC Case Finally Concludes: Will XLM Hit $1?
Yesterday, the court case between XRP and the SEC ended with both parties dropping their remaining appeals. The crypto market rallied as a result, with both XRP and Ethereum soaring. The news has also led to a surge in interest across payment-centered blockchains.
Stellar (XLM), a blockchain network designed to facilitate cross-border payments, is seeing renewed interest, growing almost 20% since this time last week and 56% on the monthly charts. This makes XLM the top gainer over the past month, and it now appears set to keep rising and potentially reach a new all-time high of $1.
Several key developments are influencing XLM’s surge, so let’s dive into the details to see how high it can go.
