- Investors are betting that the XRP token’s developers can beat the SEC in court.
- The Hedera community was also looking forward to the March 31 mainnet v0.35.2 update.
Major cryptocurrencies have fared very well over the last week despite significant crackdowns, indicating that the crypto market is now fairly steady. Here we cover the top bullish coins of the week.
Ripple (XRP)
XRP is one cryptocurrency that is on the rise. As per CMC, XRP the sixth largest cryptocurrency by market cap and presently selling at $0.54, is up over 20% in the previous week.
It’s not just this week, though; the first three months of 2023 have witnessed a 55% increase from January’s low. Investors are betting that the token’s developers can beat the SEC in court, which is contributing to the asset’s price increase. According to CMC, the XRP price today is $0.521545. XRP is up 2.11% in the last 24 hours.
Hedera (HBAR)
The Hedera coin’s price jumped from a local support zone of $0.057-$ 0.056 on March 29 and has been climbing since. Fresh Supply Co. (FSCO), the biggest user of Mastercard Provenance, recently announced that it will be transitioning from Mastercard’s private blockchain to the public Hedera network, which may explain the unexpected rise.
The Hedera community was also looking forward to the March 31 mainnet v0.35.2 update. This positive price action has prompted buyers to break through a bullish pattern that has held for the last month. According to CMC, the Hedera price today is $0.072764. Hedera is up 3.56% in the last 24 hours.
Stellar (XLM)
Since mid-January, Stellar Lumens (XLM) has been trading inside a negative range, but it has now broken out. Because of this, XLM’s bias changed from being bearish at the range of highs to being quite positive. During the last 7 days, the price of XLM has increased by nearly 20%.
The Brazilian central bank began testing a new kind of digital money at the beginning of this month. Digital Real, a Brazilian CBDC, is putting the Stellar blockchain to the test.
Shortly after, Pendulum announced the public availability of the Spacewalk bridge, which links the Polkadot network to the Stellar blockchain, allowing the Polkadot ecosystem to use fiat and stablecoin currencies.
Polkadot will be able to use Stellar’s cross-border payment infrastructure, as well as the rest of Stellar’s infrastructure, through the Spacewalk bridge. According to CMC, Stellar price today is $0.110710. Stellar is up 2.14% in the last 24 hours.
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