Stellar (XLM) has captured significant attention in the cryptocurrency market with its impressive weekly performance. According to data from CoinMarketCap, XLM soared by 63% over the past week, dramatically outpacing the Ripple 
$1-linked XRP, which recorded a 39% increase despite its strong rally. While XRP approached its 2018 record, reaching $3.65, XLM’s momentum and a market capitalization nearing $15.6 billion shifted investors’ focus towards this altcoin.
XLM Leads Weekly Gains in Top 100 Cryptocurrencies
Among the top 100 cryptocurrencies on CoinMarketCap, XLM recorded the highest weekly gain of 63%, catapulting it to the top of the list. Although XRP performed robustly with a 39% increase during the same period, it remained significantly behind XLM.
Other notable altcoins, such as Bonk (BONK) with a 52% surge and Pudgy Penguins (PENGU) with a 45% rise, closely followed XLM’s lead. Additionally, Hedera (HBAR) and Algorand (ALGO) posted gains exceeding 40%, pushing XRP out of the top five cryptocurrency gainers of the week.
The surging market capitalization of XLM has reignited discussions regarding its potential re-entry into the top 10 largest cryptocurrencies. Previously entering the top 10 briefly in early 2021, XLM would now need to double in value to surpass Tron (TRX) and Cardano 
$0.233978 (ADA).
Historic Link Between XLM and XRP
XLM has a notable historical connection, having been founded by Ripple’s co-founder and former CTO, Jed McCaleb. This shared past encourages investors to assess both altcoins collectively.
Despite Ripple CTO David Schwartz expressing uncertainty about what drives XLM’s price, the shared origin leads to investor perceptions aligning XLM with XRP. This perception is reinforced by current market trends, with XRP peaking at $3.65 and XLM reaching up to $0.52.
