Stellar price surges 14% as XLM rally gains steam on PayFi burStellar has climbed more than 14% over the past 24 hours, making $XLM the best-performing asset among the top 100 cryptocurrencies by market capitalization as fresh ecosystem developments have drawn renewed buying interest.
According to CoinGecko data, $XLM traded near $0.22 on June 16 after surging from levels below $0.19 earlier in the week.
The rally transpired alongside a sharp rise in trading activity, with Stellar network volume reportedly jumping to nearly $880 million from about $153 million over the weekend.
Strong buying interest has emerged as payment-focused decentralized finance projects, commonly known as PayFi, continue to attract capital.
Market participants have linked part of Stellar's advance to the sector's recent outperformance, which has exceeded gains across much of the altcoin market.zz#HTXCommunity4thAnniversary #HTXCommunity4thAnniversary #2026 World Cup Posting Challenge on HTX Square
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