#Cardano Founder Congratulates XLM and HBAR Amid Price Pumps.
Stellar (XLM) and Hedera (HBAR) tokens rallied the most among the top 20 cryptocurrencies by market cap in the past seven days, attracting accolades from the Cardano founder.
Charles Hoskinson, who is big on cross-chain collaboration over rivalry, took to X to congratulate the XLM and HBAR communities, as the tokens’ prices react to the bullish market conditions. He applauded the projects for “weathering the storms” in recent years and showing commitment to building regardless of the obstacles.
Following Bitcoin’s continued rally to new all-time highs, altcoins are beginning to pick up. While several others, including XRP and SUI, performed well, Stellar and Hedera stand out. For context, XLM is up 11% in the past 24 hours, while HBAR has rallied 17% in the same timeframe.
Meanwhile, the duo’s gains look even more appealing over the past seven days. Stellar is up a staggering 93%, rallying from $0.25 at the start of last week to a high of $0.51 before retracing to its current price of $0.48.
Hedera followed a similar trajectory, rallying 55% in the past seven days. HBAR started its flight from $0.16 last week and closed at $0.24, up 51.42%. It has also started this week on a high, rallying to $0.25 before dropping to its current price of $0.24.
Interestingly, although Stellar and Hedera surged alongside each other, they have no direct relationship. Nonetheless, their utility overlaps, as both projects offer different use cases in the digital transaction scene.
