Stellar (XLM) Surges 30%, Overtakes Zcash in Crypto Market Rankings

Stellar (XLM) Surges 30%, Overtakes Zcash in Crypto Market Rankings

Source: UToday

Published:2026-06-19 14:00

BTC Price:$63162.0

#xlm #stellar #crypto

Analysis

Price Impact

High

The 30% weekly gain and overtaking zcash in market rankings indicate significant market attention and positive sentiment. the integration of cross-chain swaps and circle's cctp support are substantial developments.

Trustworthiness

Med

Price Direction

Neutral

Despite positive news, xlm gave back its daily gains and is currently in the red. the market sentiment appears to be shifting, and profit-taking has set in, leading to a neutral short-term outlook until a clearer trend emerges.

Time Effect

Short

The price surge and subsequent retracement happened within a short timeframe (past day and week), indicating a short-term speculative reaction rather than a long-term fundamental shift, although the underlying developments could have longer-term implications.

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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Stellar (XLM) rose as much as 10% in the past day following positive developments that caused it to briefly overtake privacy token Zcash (ZEC) in market rankings. This jump added up to a weekly gain of 30%, which momentarily took Stellar above Zcash in market rankings. Advertisement In the past day, it was announced that cross-chain swaps have gone live on SushiSwap for XLM and USDC on Stellar. This implies XLM and USDC on Stellar are available for cross-chain swaps across over 40 chains. In a recent tweet, Circle revealed CCTP as being supported on Stellar, explaining details about the key integration. HOT Stories Bitcoin Close to Dropping Out of Top 20 Bitcoin (BTC), Dogecoin (DOGE), XRP and Shiba Inu (SHIB) Price Analysis for June 19: Cryptocurrency Market Needs Momentum Stellar JS SDK v16.0.0 also went live in the past day, landing alongside the recent Protocol 27 testnet upgrade. Advertisement Archax introduced GOVY, a tokenized, perpetual US Treasury Bill product designed to align with high-quality liquid assets (HQLA Level 1) principles, providing direct, legally enforceable exposure to continuously rolling short-dated US T-Bills. You Might Also Like Thu, 06/18/2026 - 15:11 Stellar (XLM) Spikes to $0.249 Amid Tokenization Breakthrough and Macro-Driven Short Squeeze By Gamza Khanzadaev The treasury bill product launched on Ethereum, Hedera and Stellar and will be initially available to non-US investors. However, Stellar gave back its daily gains, with its price retracing back into the red. Advertisement Zcash regains ranking Stellar (XLM) rose for five straight days from June 14 to 18, reaching a high of $0.2515 before profit-taking set in. Stellar is currently in the red, dropping to a low of $0.214, and hence erasing daily gains. You Might Also Like Sat, 06/06/2026 - 13:03 Zcash Suddenly Recovers 30% After Bug Scare By Tomiwabold Olajide At the time of writing, Stellar was down 10.82% in the last 24 hours to $0.217. The drop shaved off a significant portion of its weekly gains, with the XLM token up 14%. Consequently, Stellar's market cap fell to $7.39 billion, allowing Zcash to regain its lead. With a current market cap of $7.46 billion, Zcash ranked as the 12th largest cryptocurrency at press time, ahead of Stellar, which stayed in the 13th spot. Zcash was also trading down in line with the broader market declines, albeit with fewer losses, down 4.44% in the last 24 hours to $446, according to CoinMarketCap data. #Stellar News #Zcash #XLM