Stellar (XLM) has shown significant growth, rising by 35% and drawing closer to Shiba Inu (SHIB) in crypto market rankings. This impressive movement has solidified XLM's position as the 16th largest by market capitalization amid overall market positivity.
Stellar's (XLM) Sharp Rise
Over the past week, XLM gained significant momentum, rallying for five days since Jan. 1. This surge brought XLM's price to notable levels last seen since Dec. 8. Stellar rose sharply from lows of $0.331 to a high of $0.44 at the very start of 2025, gaining over 30%.
Shiba Inu (SHIB) Standing Strong
Despite Stellar's remarkable rise, Shiba Inu remains ahead with a market capitalization of $14.22 billion, ranking the 15th in cryptocurrency standings. SHIB also saw gains at the start of 2025, buoyed by positive news within its ecosystem. SHIB has risen 15% in the last week after reaching $0.00002492 on Jan. 4.
Outlook and Expectations
XLM is fluctuating between $0.431 and $0.456, awaiting its next move. Meanwhile, the Shiba Inu community is celebrating major updates in its ecosystem platform Shibarium, having surpassed over two million wallet addresses.
The current dynamic in the cryptocurrency market sets a promising scene for further achievements by both Stellar (XLM) and Shiba Inu (SHIB), as observers watch for new developments and milestones.