Ethereum News Daily Official TheBitTimes.com

The Stellar (XLM) cryptocurrency is climbing, surging 9% today and 15% in the past week. The altcoin now sits at 12th place on the cryptocurrency market cap list and has plenty of room to grow in January. Stellar surged to an intraday high of $0.4850 Wednesday, its highest level since December 9. It marks a 56% increase from its lowest point in December 2024. The cryptocurrency market overall is on the rise this week, with Donald Trump’s incoming inauguration sparking prices. The surge is pumping crypto assets big and small, with XRP and SOL among the biggest coins gaining. However, it is XLM that has seen some of the largest price increases on the day. Furthermore, Stellar Lumens trading volume is up to $1.91B, a 219.78% climb over the last 24 hours. The asset has not only price momentum, but investors buying in, anticipating an even bigger surge to come. Price predictions are also rising, with the stock set to claim a 30% surge within the next month. Also Read: Microsoft Drives ...

The Cardano price soared over 11% in the last 24 hours to trade at $0.8791 as of 7:28 a.m. EST as investors go long on the altcoin. With the recent surge, the ADA price was able to reach its highest point since May 2022. It is, however, still down over 72% from the all-time high of $3.10 it set on Sep. 2, 2021. Cardano Price Clears The $0.8381 Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal ) The Cardano price rose above the resistance level at $0.8381 in the last few hours, according to GeckoTerminal data . If the altcoin closes the next 2 4-hour candles above this mark, it could have a solid technical foundation to rise off from and continue its ascent. Traders might subsequently push the Cardano price up to above the $0.9127 barrier in the short term. ADA’s bullish move could come to an end if traders decide to realize their profits from the crypto’s recent rally. Sell pressure has already started to enter the crypto’s price, which is evident by the...