- Stellar (XLM) has surpassed Shiba Inu (SHIB) in market capitalization, reaching $9 billion versus SHIB’s $8.55 billion, placing XLM in the 15th spot among top cryptocurrencies.
- XLM’s network activity is strong, boasting 471.2 million DeFi operations and 147 million transactions in Q1, while SHIB shows resilience with 78% of addresses held long-term and a 60% surge in whale transactions.
- Market conditions remain uncertain, with both tokens showing minimal daily price changes, as traders await key economic updates like the Core PCE inflation report and the Fed’s meeting minutes.
So, here’s what’s new in the crypto jungle—Stellar (XLM) just nudged ahead of Shiba Inu (SHIB) in market cap. Yep, according to the latest CoinMarketCap stats, XLM’s sitting comfortably as the 15th biggest crypto with a $9 billion cap, while SHIB trails just behind at around $8.55 billion. It’s not a massive lead… but it’s enough to raise eyebrows. Is this a one-off, or is Stellar staking its claim for good?
Stellar’s Momentum: Not Just a Fluke?
XLM’s rise isn’t just about price—it’s also backed by some pretty impressive network stats. In Q1 alone, Stellar DeFi cranked out over 471 million operations and 147 million transactions. Not to mention, it’s been running for over 2,100 days straight without a hiccup. That kind of uptime? Super rare in the Web3 world.
On the flip side, SHIB hasn’t exactly been asleep either. IntoTheBlock data shows that 78% of SHIB holders are now in it for the long haul. Plus, whale action is heating up—big SHIB transactions jumped more than 60% in just the past 24 hours. So yeah, there’s definitely movement under the surface.
The Market Mood & What’s Next
Zooming out a bit, the broader market is kinda in wait-and-see mode right now. XLM’s only up about 0.16% in the last day, trading near $0.2888. SHIB’s mostly flat, holding around $0.0000145. Nothing wild—just quiet pre-move vibes.
But the real wildcard here? Macroeconomics. Everyone’s got eyes locked on Friday’s Core PCE report, which the Fed uses to gauge inflation. Depending on what that says—and what gets revealed in the Fed’s meeting minutes this Wednesday—we could see a ripple (no pun intended) across the entire crypto board.
So, will Stellar hold its edge over SHIB? Hard to say just yet. But one thing’s for sure: the race is heating up, and whales are definitely paying attention.
