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Privacy-focused cryptocurrency Monero (XMR) is narrowing the market cap gap with Stellar (XLM) amid a strong bullish run. Monero’s market cap currently stands at $7.60 billion, while Stellar’s is at $8.77 billion, a difference of just $1.17 billion, according to data retrieved by Finbold from CoinMarketCap. Cryptocurrency market cap. Source: CoinMarketCap Currently, XMR ranks 20th by market capitalization, while XLM holds 15th. This shift comes amid a sustained rally for Monero, which has surged for seven consecutive weeks to reach $412 at the time of writing. XMR is up nearly 300% yearly from its lowest point in 2024. Monero’s ascent is remarkable given the hurdles it has faced, including delistings from major cryptocurrency exchanges such as Coinbase and Binance. Drivers of XMR rally Despite these setbacks, the cryptocurrency’s performance has been driven by growing interest in privacy-centric digital assets, particularly as oth...

Stellar (XLM) has been quietly building momentum in the last 24 hours. Could Donald Trump’s impending inauguration be the catalyst it needs to reach new heights? As a vocal supporter of cryptocurrency, Trump’s policies are expected to have a significant impact on the industry. But what does this mean for XLM’s future prospects? XLM Key Statistics Current Price: $0.45 Market Cap: $13.8 billion Trading Volume (24h): $1.50 billion Circulating Supply: 4 billion XLM Total Supply: 50 billion XLM CoinMarketCap Ranking: #12 XLM has increased by 7% over the past week and 12% in the last month. Looking at historical data, the price of XLM on the last day of January was higher than the opening price six times out of 11, while in five out of 11 instances, the price was lower than the starting value of the month. XLM/USD Market Key Levels Resistance: $0.50, $0.63, $0.70 Support: $0.41, $0.33, $0.30 XLMUSD – Daily Chart Stellar  (XLM) is currently sho...