• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Stellar and Hedera Thrive Amid Bitcoin's Market Correction

user avatar

by Giorgi Kostiuk

a year ago

In the cryptocurrency market today, Bitcoin (BTC) has experienced a minor correction after reaching a new all-time high. Meanwhile, Stellar (XLM) and Hedera (HBAR) continue to show positive momentum.

Bitcoin Correction After Record High

After its impressive rally, Bitcoin has corrected to $86,800, indicating a healthy consolidation following its new all-time high of $89,956.8 after Donald Trump’s recent EU election victory.

Developments in Stellar (XLM)

Stellar (XLM) has seen a price surge due to successful testing of Protocol 22 and the upcoming vote for a mainnet upgrade. Currently priced at $0.1256, XLM eyes a resistance level of $0.1587.

New Prospects for Hedera (HBAR)

Hedera (HBAR) is on the rise following Canary Capital's filing for an ETF. Currently priced at $0.05778, it has the potential to rise to a resistance level of $0.07986.

Stellar (XLM) and Hedera (HBAR) show signs of technical breakouts and positive fundamental news supporting their bullish paths. Traders will be keenly observing further developments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP's Role in DeFi Sparks Controversy

chest

A heated debate has emerged regarding XRP's position in the decentralized finance sector, highlighting the importance of reliability in protocol design.

user avatarJacob Williams

XRP's DeFi Ecosystem Surges Towards 160 Million Tokens

chest

The FXRP supply is rapidly approaching 160 million tokens, showcasing the growing adoption of XRP within the decentralized finance landscape.

user avatarZainab Kamara

Arbitrum Security Council Takes Emergency Action to Freeze Funds Linked to KelpDAO Exploit

chest

The Arbitrum Security Council has taken emergency action to freeze 30,766 ETH linked to the KelpDAO exploit, following law enforcement input.

user avatarSon Min-ho

The Ultimate Hodl Story: A Journey to 1 Billion

chest

An investor turned a modest investment into a billion-dollar profit by holding onto Bitcoin through multiple bear markets.

user avatarAyman Ben Youssef

Strategy Finalizes Significant Bitcoin Purchase.

chest

Strategy has made a significant move in the cryptocurrency market by adding 34,164 BTC to its reserves, amounting to 254 billion.

user avatarNguyen Van Long

Crypto Analyst Predicts Major Shakeout in Altcoin Market

chest

Michael van de Poppe forecasts a significant decline in altcoins, likening it to the early internet bubble. He believes that 99% of altcoins are headed to zero, viewing this as a necessary cleanup rather than a collapse. Despite this stark prediction, he remains optimistic about the future of Bitcoin and Ethereum.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.