Stellar (XLM) skyrockets 7% amid Bitcoin-driven market rally: What’s next?

Stellar (XLM) experienced a notable rise of 7% in a 24-hour period, thanks to Bitcoin’s recent momentum boosting the entire cryptocurrency market.

Bitcoin’s price exceeded 87,000 USD, contributing to a favorable sentiment in the market. The decline in the U.S. Dollar index and gold’s rally supported this surge.

XLM’s trading volume hit 153.3 million USD, with an increase of 80%. XLM has outperformed XRP recently, indicating renewed interest in Stellar amidst similar market trends.