Overview
- Hedera’s HBAR and Stellar’s XLM posted the session’s strongest moves on the CoinDesk 20, outpacing a modest rise in the broader index as most tokens held flat or slipped.
- HBAR trading volume jumped 57.6% to more than $103 million, signaling active positioning rather than a drift with Bitcoin.
- Stellar rolled out Protocol 26 on testnet this week with a mainnet vote planned for early May, and LOBSTR enabled XRP Ledger support for 1.5 million users to simplify cross-chain transfers.
- Hedera’s institutional footprint includes a U.S.-listed HBAR ETF on Nasdaq and a governing council with firms like Google and IBM, with McLaren Racing joining as a voting member in March.
- Traders are watching Bitcoin’s $76,000 ceiling and a near-term Iran ceasefire decision that could either support or reverse this rotation into payment-focused tokens.