- Stellar (XLM) sees a 4.33% price surge, reaching $0.3340, with market cap hitting $10.23B, driven by its low-cost cross-border payments.
- Kaspa (KAS) rises 5.58% to $0.1051, leveraging BlockDAG for faster transactions, aiming to scale from 1 to 100 blocks per second.
- Hedera (HBAR) jumps 6.52% to $0.2153, utilizing hashgraph tech for faster, cheaper transactions, fueling growth in smart contracts & staking.
With Stellar (XLM), Kaspa (KAS), and Hedera (HBAR) making waves, one of these altcoins may be poised for a breakout year.
Stellar (XLM) Sees Continued Growth
Source: Tradingview
The market value of Stellar (XLM) and its trading activity demonstrated positive growth during the recent 24-hour period. The current XLM market value shows a 4.33% upward trend while sitting at $0.3340. The market capitalization of Stellar (XLM) has surged to $10.23 billion along with a 4.42% growth and its 24-hour trading volume reached $228.44 million.
Users can make quick low-cost payments through Stellar’s platform by utilizing XLM as its native digital asset. Through its network structure Stellar enables banks and payment processors to merge with individuals for conducting borderless payments smoothly. Stellar operates through a decentralized system that utilizes distributed ledger technology to guarantee security along with full transparency. The protocol offers multilateral currency capabilities question-free of established trading pairs making this a vital offered component.
Kaspa (KAS) Gains Momentum with Innovative BlockDAG Technology
Source: Tradingview
Kaspa (KAS) achieved a 5.58% daily gain which increased its price to $0.1051 in the past 24 hours. The cryptocurrency Kaspa maintains rapid market expansion despite being a new entry in the crypto sphere through its market capitalization of $2.7 billion. The GHOSTDAG protocol distinctively differentiates the coin by preserving consensus-orderable parallel blocks rather than dismissing them from consensus validation process.
The BlockDAG design of Kaspa blockchain functions to tackle the scalability limitations which blockchains were traditionally experiencing. The protocol enables fast and secure transactions at high transaction speeds thus becoming an appealing alternative to users who need this combination. The current block rate of Kaspa stands at one block per second but the system plans to adopt speeds of 10 blocks per second which aim to reach 100 blocks per second in the future.
Hedera (HBAR) Continues to Show Strength in the Cryptocurrency Market
Source: Tradingview
The Hedera (HBAR) token experienced a 6.52% price rise during the previous 24 hours and reached $0.2153 per token. The market capital for this platform now reaches $9.02 billion because of its 6.51% growth in trading volume which has totaled $210.74 million.
Hedera Hashgraph functions as an alternative blockchain network through its implementation of hashgraph as its validation method. The platform implements faster and more secure and cheaper transactions than standard blockchain operations. HBAR operates as both an operational fuel for smart contracts and file storage and security platform with its network security function accessible through staking mechanism for the Hedera network. The dual functionality between network security and smart contract utility helps both accelerate development and enhance network expansion effectiveness.
