Stellar (XLM) Dethrones Bitcoin Cash (BCH) in Market Shift

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In a delightful twist of fate, our dear Stellar (XLM) has gallantly leapt over Bitcoin Cash (BCH) in the grand theatre of crypto market rankings. Bravo! 🎉

According to the latest gossip from the market, Stellar now boasts a market capitalization that leaves Bitcoin Cash in the dust. With a dazzling $8.4 billion, Stellar (XLM) has claimed the 16th spot, while Bitcoin Cash (BCH) languishes just behind at 17th with a mere $8.25 billion. Oh, how the mighty have fallen! 💸

In splendid news for our star, Nasdaq has decided to reconstitute the Nasdaq Crypto U.S. Settlement Price Index. This index now serves as the benchmark for the Hashdex Nasdaq Crypto Index U.S. ETF, which has graciously welcomed Stellar along with three other digital darlings: Solana (SOL), Cardano (ADA), and XRP, not to forget the ever-popular Bitcoin (BTC) and Ethereum (ETH). Quite the soirée! 🥳

What comes next?

As Stellar takes its well-deserved place above Bitcoin Cash, the market will be watching with bated breath to see if XLM can hold onto its crown and continue its ascent. Will it be a fairy tale ending or a tragicomedy? 🎭

Stellar has made remarkable strides over the past year, positioning itself perfectly to ride the wave of demand for blockchain-based financial infrastructure. How positively thrilling! 🚀

Quietly, Stellar has been powering cross-border payments in over 70 countries, processing billions of transactions. It has become the backbone for on-chain real-world assets (RWAs), boasting a staggering $17 billion in volume and $522 million currently on-chain. A true titan among blockchains for tokenized financial assets! 💪

Meanwhile, Bitcoin Cash has managed to cling to its position within the top 20 cryptocurrencies, despite the recent market drama. A surge in buying demand could see BCH rise again, but will it be enough? The audience waits with popcorn in hand! 🍿

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2025-06-08 18:50