Altcoin News Official TheBitTimes.com

Stellar (XLM) has emerged as a standout performer in the current short-term cryptocurrency market rally, outpacing some of its rivals, including XRP. At press time, sustained buying pressure has pushed XLM’s price to rally 6.7% in the last 24 hours, trading at $0.26. Similarly, on the weekly chart, the token is also in the green, up over 8%. XLM one-day price chart. Source: CoinMarketCap The price gains have been accompanied by a notable capital inflow, with the XLM market capitalization increasing by about $600 million in the past day. The cumulative 24-hour capitalizations peaked at approximately $8.06 billion before settling at $7.91 billion as of press time. In contrast, XLM’s competitor, XRP, saw a more modest 2.33% increase, trading at $2.10 with a $123 billion market cap.  Both cryptocurrencies focus on facilitating fast and low-cost cross-border payments, but Stellar’s recent momentum suggests increasing investor interest, while XRP’s price movement...

Solana’s first meme coin-centric Layer 2 solution, Solaxy ($SOLX), has surged past $7.8 million in funds raised in its presale in less than three weeks.  It was helped along by a whale purchase of $158k in the early hours of New Year’s Eve, UTC, a sign that high rollers are beginning to throw money behind this innovative new project thanks to its viral appeal and high-utility. The Solaxy presale currently offers investors the protocol’s native $SOLX at a fixed low price of $0.001588 per token. However, this is due to increase incrementally to $0.00159 in a day, so prospective buyers had better hurry if they want to maximize returns on this project.  Solaxy has plans to list on major exchanges, which could forever put $SOLX’s price well beyond what its earliest investors are now paying for it. Alongside the fixed, incremental price increases over the presale period, first investors also maximise their staking returns by ta...