Stellar, Dogecoin and Solana Investors Diversify Into New Crypto Set To Rally 5000% In 2025
The post Stellar, Dogecoin and Solana Investors Diversify Into New Crypto Set To Rally 5000% In 2025 appeared on BitcoinEthereumNews.com.
Established crypto players Stellar (XLM), Dogecoin (DOGE), and Solana (SOL), have all dropped in price in recent weeks. Holders of these assets are now eyeing alternative investment opportunities in what could be a historic year for the crypto space. One project gaining a lot of attention is Remittix (RTX), an advanced PayFi solution designed to capitalise on the cross-border payments space. So why are DeFi enthusiasts diverting funds to this new project? Stellar (XLM) Sees Dips Despite Integrating Smart Contracts Stellar had a relatively strong 2024 and its net gain over the last 12 months still sits at 236% even after recent losses. Stellar (XLM) has seen a 5.4% decrease in the last month and a further 13.9% drop in the last week. These negative price movements come despite strong technological progress on Stellar’s part in recent quarters. Stellar (XLM) developers have been busy fine tuning Stellar’s smart contracts, which landed on the blockchain earlier in 2024 with the release of the Protocol 20 update. This saw the incorporation of the Soroban smart contracts platform. Several tweaks later, and this update has significantly improved Stellar’s appeal to developers looking to construct decentralized applications. Dogecoin Is Down 19.4% In The Last Month Dogecoin (DOGE) maintained a strong trajectory through much of 2024 though the beginning of the New Year has seen its price dip significantly. In the last month, Dogecoin dropped 19.4% and experienced a further 14% decrease in the last week. Analyst commentary is split on whether these discernable price dips are due to Dogecoin’s individual problems, or whether they simply represent a general downturn in the meme coin space. Dogecoin (DOGE) now encounters a pivotal moment in its lifespan, as holders wonder which way it will go. Dogecoin still has a net 297% price gain over the last year.…
Filed under: News - @ January 12, 2025 10:08 pm