Stellar (XLM) May Follow XRP’s Price Rally
This past week, Stellar (XLM) attracted renewed investor attention after XRP surged to a new yearly high of $3.60, marking a nearly 20% jump in 24 hours. Analysts now believe XLM could mirror XRP’s momentum, driven by its close association with cross-border payments and increasing interest in utility-driven crypto assets.
XLM’s price structure shows signs of building bullish momentum, and technical indicators are aligning for a possible breakout. With XRP grabbing headlines, traders are turning to Stellar as the next major altcoin to rally.
Trump Signs GENIUS Act, Giving Major Boost to Crypto Regulation
In a historic move, U.S. President Donald Trump signed the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), making it one of the first crypto-related bills passed during his administration.
The bill signing ceremony was attended by top figures in the crypto space, including Coinbase CEO Brian Armstrong, Gemini’s Winklevoss twins, Circle CEO Jeremy Allaire, and Tether CEO Paolo Ardoino.
The law provides a legal framework for stablecoins and could pave the way for broader adoption of blockchain technology in U.S. financial infrastructure. Trump’s active involvement is seen as a significant nod of approval for the digital asset industry.
Crypto Adoption Trends: Gen Z and Gen X Lead Spending
A recent survey by Bitget Wallet revealed 39% of Gen Z users spend crypto daily, mostly on gaming, travel, and e-commerce, while Gen X leads in high-value transactions, including real estate and digital services.
These trends reflect crypto’s transition from speculation to everyday utility, signaling broader market maturity and long-term adoption.
Bitcoin Whale Moves $9.6B to Galaxy Digital
A Satoshi-era Bitcoin whale transferred 80,201 BTC—worth over $9.6 billion—to asset manager Galaxy Digital. The move signals growing institutional custody and strategic management of large crypto holdings.
Some of the funds were also routed to exchanges like Binance and Bybit, suggesting potential liquidity movements or internal portfolio rebalancing.
Trump May Open Retirement Funds to Crypto
Reports also surfaced that Trump is preparing an executive order allowing 401(k) retirement plans to invest in crypto. If signed, this move could unlock trillions in retirement capital for digital assets, further legitimizing Bitcoin and altcoins as long-term investment vehicles.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.