Stellar (XLM) rises more than 10% week over week as rumors of a partnership with Fidelity spread

XLM Weekly Price Movement

On the 21st, as the market was broadly higher, Stellar (XLM) price hardly moved. As of the 22nd, 1 XLM = 26.79 JPY, down 2.43% from the previous day.

XLM rose about 12.75% over the past 7 days and peaked near $0.25 on Saturday. The cryptocurrency market was up about 4% overall, with Bitcoin up about 3.4% and Ethereum up about 3.7%.

At the current value, the market capitalization of the Stellar blockchain is 508.6 billion JPY. The 24-hour trading volume is 5.15 billion JPY. Major trading venues are Binance (against USDT), BitMart (against ETH), and BCEX (against CKUSD).

XLM also increased in value during the market stagnation period in mid-August. At that time, the market saw an 21% decline in Ethereum and about a 40% plunge in IOTA.

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