Key Insights:
Stellar (XLM) gained 63% in one week, outperforming all other top 100 cryptocurrencies in the market.
XRP rose by 39% but fell short of ranking among the top five weekly performers.
Bonk, Pudgy Penguins, Hedera, and Algorand also saw gains above 40%, trailing behind XLM.
Stellar (XLM) has recorded the highest weekly gain among major cryptocurrencies, rising by 63% over the past seven days. This sharp rise puts XLM ahead of several strong performers, including Ripple-linked XRP, which climbed 39% in the same period.
The highest XRP value on CoinGecko was registered, reaching the mark of $3.65, and it continued to be one of the major market foci. Nevertheless, even though XRP did widely improve, it was not one of the five leading tokens in terms of weekly performance. XLM is holding the list currently, and Bonk (BONK) and Pudgy Penguins (PENGU) are at 52% and 45% gains, respectively.
Significant Growth is Registered in other altcoins.
Other top gainers in the week are Hedera (HBAR) as well as Algorand (ALGO), which have achieved more than 40%. The appreciation in various altcoins is reminiscent of wider interest and activity in the cryptocurrency sphere by investors.
After its rally, Stellar is market-capped at 15.6 billion dollars. This places it on the verge of getting included in the club of top 10 cryptocurrencies by market capitalization, which it enjoyed at the beginning of the year. To do so once again, XLM would have to go over such coins as Tron (TRX) and Cardano (ADA).
XLM and XRP Show Continued Correlation
XLM’s growth continues to mirror XRP, with both assets often moving in similar patterns. This trend has drawn attention due to its shared origins. Ripple CTO David Schwartz commented that investors might link the two because of their history, though no clear reason has been identified for the correlation.
While XRP continues to gain attention with strong price action, Stellar has taken the lead among top tokens this week. With its rapid growth and rising market cap, XLM remains one of the most watched cryptocurrencies in the current market environment.
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