Stellar (XLM) Just Crushed XRP With Big 50% Weekly Breakout

Key Points

1. Stellar (XLM) surged almost 45% against XRP, rising from 0.107 to 0.154 in a few days, its biggest weekly candle in nearly a year.

2. In dollar terms, XLM surged over 70% on the week, closing around $0.43 and clearing multiple resistance levels.

3. XRP also performed well, rising about 23% to $2.78, but was overshadowed by XLM's breakout.

4. The XLM/XRP ratio, often a market sentiment tracker, reversed its downward trend with this week's breakout, indicating a potential shift in valuation dynamics.

5. Both XLM and XRP were co-created by Jed McCaleb but have evolved into distinct assets, with this week's performance highlighting Stellar's move out of XRP's shadow.