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Ripple effect? Stellar (XLM) is catching up to XRP price gains By Cointelegraph



Stellar (XLM) is basking in the glow of Ripple’s partial win against the U.S. Securities and Exchange Commission (SEC), up around 60% since the court ruling on July 13.

XLM price has risen over 60% since July 13, when a federal judge ruled that the XRP sales on public exchanges did not break U.S. securities laws. Still, the token is down about 20% from its local peak of $0.195 and was changing hands for about $0.154 on July 23.

daily price chart. Source: TradingView
and XLM/USD daily correlation coefficient. Source: TradingView
XLM/USD weekly price chart. Source: TradingView
XLM/USD weekly price chart. Source: TradingView